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Joy Realty
BSE: 508929|ISIN: INE433O01024|SECTOR: Construction & Contracting - Real Estate
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Chairman's Speech (Joy Realty) | Year : Mar '15 |
Dear Shareholders, Over the past several years, the Board has overseen the Company''s evolution and growth. The Board strives continually to take a proactive approach to ensure that the appropriate structures and processes are in place, to facilitate independent and effective oversight of operations, capital deployment, strategic growth initiatives and risk management practices. The Board takes great pride in the systems of strong corporate governance it has built, which, we believe, serve as the foundation for enduring success and shareholder confidence. Despite ongoing challenging market conditions and cyclical bouts of economic turbulence, Joy Realty Limited strived to deliver positive earnings to shareholders in 2014-15. The Board also spent a considerable amount of time on its own renewal and self-assessment. We welcome new Women Director this past year: Mrs. Monika Ritesh Trivedi. The Board remains committed to working closely with management to ensure the Company has the appropriate business structure to endure through leaner times but more importantly preserves its ability to outperform in better markets. With the hope that good days truly lie ahead let us all look forward to higher growth; more enterprise; less red-tape; and with these, the next phase of your Company''s growth. We will continue to prudently balance strategic growth with sound risk management practices. I am confident Joy Realty Limited has the right business model, experienced leadership and an outstanding and dedicated workforce to continue driving growth and creating shareholder value. Once again, I extend my thanks to our directors for their ongoing commitment. On behalf of the Board, I would also like to thank you, our shareholders, for your support. We remain committed to working on your behalf. Yours, Sd/- Mr. Jayant B Soni Chairman DIN No:00131959 Joy Realty Limited |
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Source : Dion Global Solutions Limited | |
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