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Commex Technology Ltd.

BSE Live

Feb 10, 16:00
0.20 0.01 (5.26%)
Volume
AVERAGE VOLUME
5-Day
3,051
10-Day
2,821
30-Day
3,529
929
  • Prev. Close

    0.19

  • Open Price

    0.19

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

(%)
Volume
No Data Available
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Commex Technology is not listed on NSE

Annual Report

For Year :
2014 2013 2011 2010 2005

Chairman's Speech

CHAIRMAN REVIEW OVERVIEW: At the outset I would like to thank the entire IT People team and our esteemed clients and associates for the creative momentum, support, enterprise and commitment during the year. IT People has successfully executed various prestigious initiatives during the year, which would not have been possible without the untiring efforts of each and every member of team IT People. With a clear focus on exchange business and technology, IT People has efficiently harnessed its decades of exposure in the IT space, the domain expertise developed and acquired by it through its various approach plans for inorganic growth. The company has successfully developed a state-of-the-art exchange solution suite addressing commodity and capital markets in the country. IT People continues to invest in the research and development of cutting edge IT products for its various exchange initiatives. The in-house technology bandwidth and the domain expertise are critical success factors for the various exchange initiatives undertaken by the company. IT People has successfully promoted Universal Commodity Exchange Ltd (UCX) which would be a national level multi-commodity exchange covering Agri, Bullion & Metals, Energy and others. Other shareholders in UCX include IDBI Bank Limited and Indian Farmers Fertiliser Cooperative (IFFCO), etc. Apart from UCX, the company has also extended its reach to the spot markets through its spot exchange initiative: Indian Bullion Spot Exchange (IBSX) would be the first of its kind initiative addressing the bullion spot markets in the country. Apart from the above, the company has also ventured into the infrastructure services vertical which is expected to substantially benefit the company in its various exchange and allied initiatives. Thank you for reposing your faith in the Company. I once again thank the very committed members of the IT People Team and the Company''s business associates for their continued support. My team and I look forward to the challenges of delivering sustainable and profitable growth in the years ahead with confidence. I look forward to your continued support. With warm regards, Ketan Sheth Chairman