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Shyam Telecom Ltd.

BSE: 517411 | NSE: SHYAMTEL |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE635A01023 | SECTOR: Telecommunications - Equipment

BSE Live

Aug 03, 16:00
8.00 0.00 (0.00%)
Volume
AVERAGE VOLUME
5-Day
496
10-Day
447
30-Day
834
1,200
  • Prev. Close

    8.00

  • Open Price

    8.00

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    8.00 (303)

NSE Live

Aug 07, 15:20
6.25 0.00 (0.00%)
Volume
AVERAGE VOLUME
5-Day
61
10-Day
213
30-Day
227
0
  • Prev. Close

    6.25

  • Open Price

    0.00

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

Annual Report

For Year :
2015 2002

Chairman's Speech

Dear Shareholders, It gives me immense pleasure to write to you at the end of the financial year, which had its share of opportunities and challenges. The year began with sky-high expectations of economic recovery resulting from the decisive political mandate but as the year progressed, it was increasingly evident that the pace of recovery would be much more gradual. Many domestic growth indicators improved during the year helped by the Government''s intent to push reforms and promote investments. The digital economy is transforming every industry. Consumers have become more connected and engagedthey want rich experiences tailored to their needs. And the convergence of mobile technology, social media, data analytics and cloud computing requires organizations to seek new digital strategies to satisfy evolving customer demands. In the telecom sector, FY15 saw successful auctions for spectrum across 4 bands. Major incumbent operators participated aggressively to retain their spectrum holdings critical for continuity of their operations. Some also managed to garner additional spectrum in certain circles, thus consolidating their position. A total of 470.75 MHz of spectrum was put to auction by DoT, out of which 418 MHz was sold. The auctions generated revenues of Rs.1.1 lakh crore for the Government, over 70% of which will be paid over a 12 year period. During the year, the Government changed the governance landscape by notifying majority of the provisions of the Companies Act, 2013 and Rules thereunder. Some of the concepts like evaluation of the performance of Directors and the Board, rotation of auditors, increased responsibility of the Committees ensure higher standards of transparency and accountability and seek to align the corporate governance practices in India with global best practices. As with any enterprise, challenges will arise. It can sometimes be difficult act quickly to changes in the marketplace, even when one is looking to preempt them. Obstacles will emerge, however I am confident that, given our proven record of innovative solutions and the skill and professionalism of our teams across the Shyam family, any challenges will be overcome. The Company carried out its manufacturing operations from the plant situated at UV-246, Phase-IV, Udyog Vihar, Gurgaon. However the Company has vacated the said premises and resolved to outsource the manufacturing operations. I wish to sincerely thank the entire staff of Shyam family, our Shareholders, Bankers, Lenders, Suppliers and other Stakeholders for their contribution and support over the past few years. As we look ahead I hope that the Company will sail over the weak sentiments. Warm regards. Sd/- Rajiv Mehrotra Chairman