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Acropetal Technologies Ltd.

BSE: 533330 | NSE: ACROPETAL | Series: NA | ISIN: INE055L01013 | SECTOR: Computers - Software

BSE Live

May 02, 16:00
1.67 0.00 (0.00%)
Volume
No Data Available
12,121
  • Prev. Close

    1.67

  • Open Price

    1.68

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    1.74 (500)

Acropetal Technologies is not traded on BSE in the last 30 days

NSE Live

May 02, 14:37
1.70 0.00 (0.00%)
Volume
No Data Available
3,000
  • Prev. Close

    1.70

  • Open Price

    1.70

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

Acropetal Technologies is not traded on NSE in the last 30 days

Annual Report

For Year :
2015 2014 2013 2012 2011

Chairman's Speech

Dear Shareholders, It is the testing time for the company that the company has been undergoing lots of turmoil during the past few years. It has lost several employees, businesses and reputation amongst the lenders, vendors and clients. Though the company was in the terrible vortex of cyclone, the company could manage to survive because of its inherent strength it has. No need to mention that this strength is reinforced with the confidence you have in the company and the employees who have been with us even the difficult times. Hard times will always reveal true friends and I am happy to have such a wider network of good people which gives immense strength for me to tide over this aberration. We decided to have 2015, a year of resolution. Accordingly we are in path of resolving the issues and we have sizeably resolved many issues. We hope even the remaining issues will also be resolved in ensuing year. We have re-engineered our business and retained the clients where the Profits are move and scope to increase the business with them. This has certainly improved our cash Profit during the year with which we could clear some of the statutory dues. After stabilizing and streamlining the present business activities, the company will eye on increasing the volume of business with the existing clients. These clients knew our capabilities in the good times, they are confident that we would come back again and extend their support. The present Software/ITES market is very conducive particularly in India the opportunities are ample due change in the climate in India. We would like to utilize this opportunity to come back but at the same time we would like to do this in stages stabilizing at each level. I would like to place on record my heartiest gratitude to our customers, stakeholders, Financial Institutions and more importantly to our employees who have been the backbone of our growth and I hope that the support and confidence will continue as we grow. Warm Regards, Ravi Kumar D Chairman and Managing Director