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HOV Services

BSE: 532761|NSE: HOVS|ISIN: INE596H01014|SECTOR: Computers - Software Medium & Small
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« Mar 15
Chairman's Speech (HOV Services) Year : Mar '16

Chairman Message:

Dear Member,

With great pleasure, I welcome you to the 28th Annual General Meeting of Your Company.

We have come along one more year of moving ahead in emerging opportunities in global and domestic markets. India continues to consolidate its position as the global hub for IT -BPM services enabling digital transforming for clients and domestic markets getting boost with different initiatives on “Digital India and “Make in India. We believe by leveraging our domain experience in technology and significant presence in the rapidly growing health care services, banking and transaction processing services will provide good opportunity to enhance our business spread.

We are very optimistic about our strategic investment made in Source HOV Holdings Inc., a company in which our wholly owned subsidiary in the United States, HOVS LLC holds investment. The combined company is one of the global leaders in financial transaction solutions and services, healthcare services and administration of claims. Source HOV with direct sales and operations in 14 countries, provides solutions and services to over 3,000 customers in 55 countries. The company with over 15,000 dedicated employees is strategically positioned to leverage its global presence, multi industry solutions and services to grow in Americas, Europe, Asia, Pacific and Middle East and North Africa.

The Company through its subsidiary HOV Environment Solutions Private Limited entered into environment protection management solutions. It constructed Asia''s largest Geotextile Project at, Cochin and undertaken India''s first government funded offshore geotextile multipurpose reef structure for coastal erosion protection at Miry a Bay, Ratnagiri, Maharashtra. Such projects have long gestation period to achieve breakeven. We have successfully completed two projects; and working on to explore new assignments.

On behalf of Company''s Board of directors I would like to acknowledge and thank each and every one of our HOVS family member for their dedication to work for your Company.

I am thankful to each and every Shareholder for showing trust; confidence; and support to the management of the Company.

Together we can succeed!

Best regards and thank you all,

Sunil Rajadhyaksha

Chairman and Executive Director

Source : Dion Global Solutions Limited
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