It gives me immense pleasure to be able to communicate with our
shareholders through our annual report in my very first message. This
Annual General Meeting (AGM) assumes immense significance, as it is our
first Annual General Meeting post takeover of the company.
It''s a new beginning for us, both in terms of a company recently
acquired and a business model which is To undertake Medical, Dental &
Clinical Activities'' as the same has been approved in the Postal Ballot
and the results of the same have been declared on 23rd August 2013.Our
focus from now on would be ''Dental imaging'' to begin with, though we
also plan to foray into other verticals of Medical & Dental industry
like Laboratories & Treatment centers.
Dental imaging per say has seen a paradigm shift after the introduction
of Cone Beam CT technology (CBCT). Cone Beam CT (CBCT) has wide
applications in the field of Dentistry and ENT The acceptance for this
technology by clinicians globally has been fantastic and proper use of
CBCT technology has resulted in greater predictability & accurate
diagnosis resulting in successful treatment of patients.
Cone Beam CT (CBCT) technology has also benefitted patients vastly due
to a significantly lower radiation dosage for each scan, ease of the
scan procedure, since scan time is just 10-20 seconds & most
importantly cost of each scan which is significantly lower compared to
Medical CT or Dentascan which was used by our clinicians before the
introduction of Cone Beam CT (CBCT).
We have been closely working & studying the viability and profitability
of this model. After a lot of hard work as a team, we now feel
encouraged & confident to setup 50 such Dental imaging centers across
India and also explore options of setting up such imaging centers in
the Middle East & Sri Lanka in next few years.
We are currently in negotiations for procurement of these state of the
art machines from world class companies who are pioneers in Cone Beam
CT (CBCT) technology.
I am very positive & confident of creating a lot of value to our
company & shareholders with this new line of business ''Dental imaging''
which would be our sole focus for the next 3-5 years.
Finally & most importantly before I conclude, on behalf of the Board of
Directors of your company we would like to thank you, our share holders
for your continued support.
Best Regards, Your''s Sincerely,
Dr. Gautam Deshpande Chairman