CHAIRMAN MESSAGE

Chairman Message

Dear shareholder,

On behalf of the Board of directors,it gives me great pleasure to present the report performance of our company. It is with immensw pride that i place before you the report of the performance of our company in the financial year 2015-2016.Like inthe preceding year ,the company has sealed a new peak in terms of profitability for thr first time ever ,the profit after tax for the year has crossed _______profit mark.

The company has been able to exceed the expectation of all the stakeholder and we would strive to continue on this growth trajectory.Our new company VTECH is a big achievement in this field in which we are providing world's best grease and other products not only in India but in other countries also. The substained excellence in the performance across the organisation can be attributed to your unwavering faith,the relentless dedication and determined employees across organisation,the commendable cooperation of the dealer and distributor network,the continued support of our customers ,bankers,suppliers and contractors .

Today ,as we stand on the threshold of rapid growth of the economy,there are ample opportunities to grow and spread our wings. I am thankful to each of you for your confidence in our capabilities.we will forever strive to take this company to the ultimate pinnacle and create value,far exceeding your expectation.I assure you with our same service in future.we will always value our customers and will always provide best quality to customers .We will always deliever all the commitments made to each and every stakeholder.

Warm regards,
HARISH KHANDELWAL ,chairman