CHAIRMAN & MANAGING DIRECTOR’S MESSAGE

CMDDear Esteemed Members,

On behalf of the Board of Directors, it gives me immense pleasure in extending a warm welcome to all of you at the Twenty-first Annual General Meeting of your Company.

During the Financial Years 2014-15 & 2015-16, your Company faced many challenges and struggled to keep pace with its growth momentum. However, after taking additional charge of Chairman & Managing Director in September, 2015, the management of your Company has taken remedial action for growth of the Company and accordingly changed its object clause to explore and identify business opportunities in the several new areas such as Venturing into new Business Domains, Diversification in New Service/Products/Areas, Cyber Security for Govt. offices, PSUs etc., Opening of Regional Offices, Broadcast Tower Construction, Digitalization in the Broadcasting Sector, Demand for e-education classroom, Private FM Phase III , Growth in Social Media Setups, CCTV & Surveillance.

Thereafter, your Company entered into strategic partnerships and won major Projects/tenders through competitive bidding in the field of CCTV & surveillance and opened its account in the Railways, Food Corporation of India etc., besides orders in EMMC, IT, Common Infrastructure of FM Phase III etc. At present, your Company is already working on projects worth of RS. 200 Corers approx. and recorded major orders in hand amounting to Rs. 213.08 Croers for execution in the upcoming year for which it is committed to execute effectively, that will enable it to reinstate its momentum of growth.

Human Resources Development is an integral part of the overall management. The employees being the most valuable assets of the Company are continuously trained to keep pace with fast changing technological advancements. Your Company has optimum combination of professional and skilled employees who are regularly trained by your Company by way of their participation in various skill development programmes.

The Company has been continuously endeavoring to enhance the level of Corporate3 Governance in its day to day operations and considers its inherent responsibility to disclose timely and accurate information regarding our financials and performance as well as the leadership and governance of the Company.

On behalf of the Board of Directors and the Management, I would like to place on record sincere appreciation of the support and the continuing patronage extended by all stakeholders and thank you for your continuous faith in the Company’s growth potential.  

Sd/-
(George Kuruvilla)
Chairman & Managing Director