1
00:00:09,599 --> 00:00:12,139
foreign

2
00:00:30,019 --> 00:00:33,619
ladies and gentlemen

3
00:00:41,700 --> 00:00:46,860
and the company it is indeed my

4
00:00:44,460 --> 00:00:49,620
privilege to welcome you all

5
00:00:46,860 --> 00:00:51,899
so 35th annual general meeting of Jetta

6
00:00:49,620 --> 00:00:54,660
Shankar Industries Limited

7
00:00:51,899 --> 00:00:57,600
help today through video conferencing

8
00:00:54,660 --> 00:00:59,879
another audio visual means in accordance

9
00:00:57,600 --> 00:01:02,160
with the circular issued by the ministry

10
00:00:59,879 --> 00:01:05,519
of corporate Affairs applicable

11
00:01:02,160 --> 00:01:08,880
provisions of the Communist act 2013 and

12
00:01:05,519 --> 00:01:10,979
Securities and Exchange Board of India

13
00:01:08,880 --> 00:01:14,040
the proceedings of these meetings are

14
00:01:10,979 --> 00:01:16,920
being a fast life or all your

15
00:01:14,040 --> 00:01:18,540
all our shareholders as per the details

16
00:01:16,920 --> 00:01:19,920
provided in the notice to the annual

17
00:01:18,540 --> 00:01:22,020
general meeting

18
00:01:19,920 --> 00:01:24,060
the proceedings of these meetings are

19
00:01:22,020 --> 00:01:26,460
also being recorded for compliance

20
00:01:24,060 --> 00:01:29,479
purposes

21
00:01:26,460 --> 00:01:33,299
the board of directors has appointed Mrs

22
00:01:29,479 --> 00:01:35,820
Agarwal practicing company secretary as

23
00:01:33,299 --> 00:01:38,400
the scrutinizer for this meeting

24
00:01:35,820 --> 00:01:41,759
based on the report of this scrutinizer

25
00:01:38,400 --> 00:01:44,880
the company results of remote e-voting

26
00:01:41,759 --> 00:01:48,000
and e-voting on their websites done at

27
00:01:44,880 --> 00:01:49,680
the meeting today will be announced and

28
00:01:48,000 --> 00:01:52,140
displayed on the website of the company

29
00:01:49,680 --> 00:01:54,600
and will also be submitted to the stock

30
00:01:52,140 --> 00:01:57,740
exchange as per the requirements under

31
00:01:54,600 --> 00:01:57,740
the sebi regulations

32
00:01:59,280 --> 00:02:03,600
I will begin with introduction in

33
00:02:01,799 --> 00:02:04,439
introducing other directors of the

34
00:02:03,600 --> 00:02:07,860
company

35
00:02:04,439 --> 00:02:09,920
Mr jatashankar managing director of the

36
00:02:07,860 --> 00:02:13,620
company

37
00:02:09,920 --> 00:02:17,459
executive director come CFO

38
00:02:13,620 --> 00:02:19,920
CA udit Master independent director

39
00:02:17,459 --> 00:02:21,540
Mr Sandeep Kumar Modi independent

40
00:02:19,920 --> 00:02:25,020
director

41
00:02:21,540 --> 00:02:27,360
Mrs Richa shushil Chaudhary woman

42
00:02:25,020 --> 00:02:29,819
independent director

43
00:02:27,360 --> 00:02:32,520
also attending today's meeting

44
00:02:29,819 --> 00:02:35,180
partner of secretary auditor KK jindino

45
00:02:32,520 --> 00:02:35,180
and Company

46
00:02:36,060 --> 00:02:40,560
and Miss karagarwal practicing company

47
00:02:38,340 --> 00:02:43,099
secretary as scrutinizer for this annual

48
00:02:40,560 --> 00:02:43,099
general meeting

49
00:02:44,640 --> 00:02:48,780
the community secretary has informed me

50
00:02:46,560 --> 00:02:51,959
that the number of participants on this

51
00:02:48,780 --> 00:02:54,120
video conferencing required for this uh

52
00:02:51,959 --> 00:02:57,180
for the Forum of this meeting are

53
00:02:54,120 --> 00:03:00,560
present I therefore declare the meeting

54
00:02:57,180 --> 00:03:00,560
valid and open

55
00:03:02,400 --> 00:03:06,120
I hope you have gone through the 35th

56
00:03:04,620 --> 00:03:09,959
annual report of the company for the

57
00:03:06,120 --> 00:03:11,220
year ended 31st March 2023 which

58
00:03:09,959 --> 00:03:13,260
includes the company's financial

59
00:03:11,220 --> 00:03:15,560
statement with Auditors and directors

60
00:03:13,260 --> 00:03:15,560
report

61
00:03:18,900 --> 00:03:22,739
and now come to the financial results of

62
00:03:21,360 --> 00:03:24,540
the company

63
00:03:22,739 --> 00:03:28,620
the company's turnover for the financial

64
00:03:24,540 --> 00:03:32,540
year 2022 to 2023 has decreased to

65
00:03:28,620 --> 00:03:35,700
rupees 15.74 crore as against rupees

66
00:03:32,540 --> 00:03:39,959
19.46 crore in the previous year

67
00:03:35,700 --> 00:03:42,959
The Profit after tax is rupees 52.51

68
00:03:39,959 --> 00:03:45,500
lakhs as against 90.83 lakhs in the

69
00:03:42,959 --> 00:03:45,500
previous year

70
00:03:46,040 --> 00:03:51,120
several unprecedented challenges like

71
00:03:48,599 --> 00:03:53,900
supply chain disruption of raw materials

72
00:03:51,120 --> 00:03:58,200
due to increase in raw material prices

73
00:03:53,900 --> 00:04:02,340
crude oil price fluctuations due to

74
00:03:58,200 --> 00:04:03,840
recession globally High inflation stiff

75
00:04:02,340 --> 00:04:06,360
competition

76
00:04:03,840 --> 00:04:10,159
and unhealthy competition company

77
00:04:06,360 --> 00:04:10,159
recorded declined in sales

78
00:04:11,280 --> 00:04:15,120
outlook for the current year performance

79
00:04:13,379 --> 00:04:16,639
will be the same level

80
00:04:15,120 --> 00:04:20,760
or

81
00:04:16,639 --> 00:04:24,419
we will try to improve the results

82
00:04:20,760 --> 00:04:27,360
but due to high inflation and Industrial

83
00:04:24,419 --> 00:04:30,300
decision globally

84
00:04:27,360 --> 00:04:31,800
and overall demand of

85
00:04:30,300 --> 00:04:33,240
the anti

86
00:04:31,800 --> 00:04:36,240
is less

87
00:04:33,240 --> 00:04:38,160
industrial textile recession

88
00:04:36,240 --> 00:04:41,100
but we will take all measures to

89
00:04:38,160 --> 00:04:44,400
conserve the source of the constraints

90
00:04:41,100 --> 00:04:47,820
I wish to express my deepest gratitude

91
00:04:44,400 --> 00:04:50,400
to our customers share stakeholders and

92
00:04:47,820 --> 00:04:52,080
to my colleagues on the board to all the

93
00:04:50,400 --> 00:04:55,139
employees of the company and to the

94
00:04:52,080 --> 00:04:56,699
bankers suppliers agents and to

95
00:04:55,139 --> 00:04:58,800
government of Gujarat and Maharashtra

96
00:04:56,699 --> 00:05:01,680
and to government of the other nagar

97
00:04:58,800 --> 00:05:04,160
have a link into the shareholders for

98
00:05:01,680 --> 00:05:04,160
their support

99
00:05:04,500 --> 00:05:08,820
members are requested to consider

100
00:05:06,660 --> 00:05:10,800
following items of ordinary business as

101
00:05:08,820 --> 00:05:13,320
per notice of certificates annual

102
00:05:10,800 --> 00:05:16,639
general meeting

103
00:05:13,320 --> 00:05:19,020
item number one adoption of financial

104
00:05:16,639 --> 00:05:21,900
audited financial statement for the year

105
00:05:19,020 --> 00:05:23,940
under 31st Mark 2023

106
00:05:21,900 --> 00:05:27,440
together with report of Auditors and

107
00:05:23,940 --> 00:05:27,440
board of directors thereof

108
00:05:30,180 --> 00:05:36,199
item number two appointment of director

109
00:05:32,940 --> 00:05:36,199
Mr ankur podar

110
00:05:40,160 --> 00:05:43,699
an eligible

111
00:05:42,300 --> 00:05:47,900
uh

112
00:05:43,699 --> 00:05:47,900
offer himself or reappointment

113
00:05:50,520 --> 00:05:54,720
following items of special business are

114
00:05:52,500 --> 00:05:57,360
to be considered at this meeting

115
00:05:54,720 --> 00:06:01,160
to approve material related particles

116
00:05:57,360 --> 00:06:01,160
there can be sunrise colors Limited

117
00:06:04,080 --> 00:06:08,940
will be glad to answer any questions

118
00:06:05,940 --> 00:06:10,320
with any member may like to ask on the

119
00:06:08,940 --> 00:06:13,520
agenda of 35th Anniversary general

120
00:06:10,320 --> 00:06:13,520
meeting or other matters

121
00:06:15,440 --> 00:06:20,580
our company secretary to continue with

122
00:06:18,120 --> 00:06:22,800
questions and answer by members who

123
00:06:20,580 --> 00:06:26,120
registered themselves as Speaker

124
00:06:22,800 --> 00:06:26,120
shareholder of the meeting

125
00:06:27,060 --> 00:06:31,940
good morning ladies and gentlemen I am

126
00:06:32,460 --> 00:06:36,720
sorry company Secretary of the company

127
00:06:34,380 --> 00:06:38,759
we will now begin the question and uh

128
00:06:36,720 --> 00:06:41,340
Answers by calling the shareholders one

129
00:06:38,759 --> 00:06:43,919
by one uh I request to Mr vimal Kumar

130
00:06:41,340 --> 00:06:46,639
Agarwal to unmute his audio and uh

131
00:06:43,919 --> 00:06:48,479
switch on the webcam and speak

132
00:06:46,639 --> 00:06:50,460
Agarwal

133
00:06:48,479 --> 00:06:53,960
hello can you hear me

134
00:06:50,460 --> 00:06:56,280
yes hello portable you audible sir

135
00:06:53,960 --> 00:06:59,639
good morning good morning to everyone

136
00:06:56,280 --> 00:07:02,639
first of all thank you

137
00:06:59,639 --> 00:07:02,639
foreign

138
00:07:07,800 --> 00:07:10,800
yes

139
00:07:14,039 --> 00:07:21,960
thank you again complete accurately and

140
00:07:18,000 --> 00:07:23,880
a chairman is told already that profits

141
00:07:21,960 --> 00:07:26,099
have declined due to

142
00:07:23,880 --> 00:07:28,199
13 Reasons

143
00:07:26,099 --> 00:07:30,960
that's all from me thank you very much

144
00:07:28,199 --> 00:07:33,479
because of food oil price and crude oil

145
00:07:30,960 --> 00:07:35,960
and competition that's all from me thank

146
00:07:33,479 --> 00:07:35,960
you very much

147
00:07:37,319 --> 00:07:44,160
uh thank you Mr Agarwal Ji uh next our

148
00:07:41,460 --> 00:07:47,699
next speaker is Smita bharatsha request

149
00:07:44,160 --> 00:07:50,900
to unmute uh your uh audio switch on the

150
00:07:47,699 --> 00:07:56,120
hello hello

151
00:07:50,900 --> 00:07:59,120
okay okay thank you money chairman

152
00:07:56,120 --> 00:07:59,120
md33

153
00:08:02,180 --> 00:08:05,180
directors

154
00:08:33,200 --> 00:08:37,640
so very good investor services

155
00:08:40,020 --> 00:08:43,020
foreign

156
00:09:45,620 --> 00:09:50,640
future me

157
00:09:47,640 --> 00:09:50,640
Supreme

158
00:10:20,520 --> 00:10:23,620
[Music]

159
00:10:56,720 --> 00:11:01,399
thank you

160
00:10:58,560 --> 00:11:01,399
thank you

161
00:11:03,680 --> 00:11:06,920
manage Elementary

162
00:11:36,779 --> 00:11:39,779
um foreign

163
00:12:07,440 --> 00:12:10,440
foreign

164
00:12:44,639 --> 00:12:47,639
speak

165
00:12:49,200 --> 00:12:54,600
sorry

166
00:12:50,600 --> 00:12:57,800
is not present okay

167
00:12:54,600 --> 00:12:57,800
our next speaker is

168
00:12:58,279 --> 00:13:04,160
join holder to unmute his audio and

169
00:13:01,800 --> 00:13:04,160
speak

170
00:13:06,300 --> 00:13:08,899
this is

171
00:13:23,420 --> 00:13:29,120
you you listen me

172
00:13:26,279 --> 00:13:29,120
yes sir yesterday

173
00:13:29,899 --> 00:13:34,820
first of all I have received in your

174
00:13:32,399 --> 00:13:37,440
reporting time report is very beautiful

175
00:13:34,820 --> 00:13:39,920
authentic and transparent and

176
00:13:37,440 --> 00:13:39,920
congratulations

177
00:13:41,720 --> 00:13:49,579
to my residency address so number one my

178
00:13:46,380 --> 00:13:49,579
true careers there

179
00:13:50,600 --> 00:13:56,519
but between will be held on 16th

180
00:13:54,000 --> 00:13:58,320
September why because you are not giving

181
00:13:56,519 --> 00:13:59,579
any dividend so you should only this

182
00:13:58,320 --> 00:14:02,820
meeting

183
00:13:59,579 --> 00:14:05,639
next time my second thing sir what is

184
00:14:02,820 --> 00:14:09,060
the capex program sir when company

185
00:14:05,639 --> 00:14:11,399
declares the last reason and how much

186
00:14:09,060 --> 00:14:13,440
fourth quarter number of employees in

187
00:14:11,399 --> 00:14:15,779
the office and job Factory

188
00:14:13,440 --> 00:14:17,160
another with the main competitor our

189
00:14:15,779 --> 00:14:19,920
business

190
00:14:17,160 --> 00:14:22,380
paid number 52 other expenses

191
00:14:19,920 --> 00:14:25,139
computer expensive Insurance charges

192
00:14:22,380 --> 00:14:26,940
Security expenses and legal and

193
00:14:25,139 --> 00:14:29,100
Professional Profile they're gonna

194
00:14:26,940 --> 00:14:30,779
please give me the detail I've only

195
00:14:29,100 --> 00:14:33,060
support to pass the all the resolution

196
00:14:30,779 --> 00:14:37,579
and risk healthy and bright future of

197
00:14:33,060 --> 00:14:37,579
the company and one thing Mr Versa

198
00:14:38,360 --> 00:14:43,440
and team they are excellent working and

199
00:14:41,459 --> 00:14:45,899
gave us all these problems of their

200
00:14:43,440 --> 00:14:48,360
order so once again I thank you to Vasa

201
00:14:45,899 --> 00:14:50,540
my story and team thank you madam thank

202
00:14:48,360 --> 00:14:50,540
you

203
00:15:00,019 --> 00:15:05,820
to unmute his audio switch on the webkin

204
00:15:03,300 --> 00:15:07,100
and Skip speak

205
00:15:05,820 --> 00:15:10,760
ing

206
00:15:07,100 --> 00:15:13,199
can you hear me yes

207
00:15:10,760 --> 00:15:16,820
respected chairman

208
00:15:13,199 --> 00:15:20,779
one minute respect the chairman

209
00:15:16,820 --> 00:15:20,779
other board of directors

210
00:15:24,839 --> 00:15:29,639
good morning to all of you so I won't

211
00:15:27,540 --> 00:15:31,800
take much of your time because whatever

212
00:15:29,639 --> 00:15:34,560
questions I wanted to ask the others

213
00:15:31,800 --> 00:15:36,480
because I already said but one thing is

214
00:15:34,560 --> 00:15:38,040
I want to know that when we will come in

215
00:15:36,480 --> 00:15:40,260
dividend paying list

216
00:15:38,040 --> 00:15:43,139
and um

217
00:15:40,260 --> 00:15:44,639
that is the main question of mine that

218
00:15:43,139 --> 00:15:47,760
when we will come in dividend free

219
00:15:44,639 --> 00:15:50,339
English and don't worry about dividend

220
00:15:47,760 --> 00:15:52,199
because let our company come into use

221
00:15:50,339 --> 00:15:55,079
profit and then we will talk about

222
00:15:52,199 --> 00:15:57,060
dividend like every silver like every

223
00:15:55,079 --> 00:15:59,760
dark clouded Silver Lining like that our

224
00:15:57,060 --> 00:16:02,040
company will also grow up you know my

225
00:15:59,760 --> 00:16:04,920
most of the question is asked by the

226
00:16:02,040 --> 00:16:07,620
other speakers like uh what is the

227
00:16:04,920 --> 00:16:09,779
roadmap and capex program and how will

228
00:16:07,620 --> 00:16:11,279
you fund it and who are the main

229
00:16:09,779 --> 00:16:14,279
competitors

230
00:16:11,279 --> 00:16:16,740
you know how many stuff you have and in

231
00:16:14,279 --> 00:16:19,440
that how many ladies stuff you have and

232
00:16:16,740 --> 00:16:22,019
so like alternative speaker I also want

233
00:16:19,440 --> 00:16:24,959
to come perfectly visit so if you can

234
00:16:22,019 --> 00:16:27,600
possibly visit it will be very nice

235
00:16:24,959 --> 00:16:29,699
because seeing is believing thank you

236
00:16:27,600 --> 00:16:33,300
with this I support all your resolution

237
00:16:29,699 --> 00:16:37,160
I already supported by eot thank you

238
00:16:33,300 --> 00:16:37,160
very much and have a nice day thank you

239
00:16:41,279 --> 00:16:44,279
foreign

240
00:16:55,680 --> 00:16:58,639
eventually

241
00:17:01,440 --> 00:17:06,620
uh can you hear me

242
00:17:04,079 --> 00:17:06,620
yes

243
00:17:14,400 --> 00:17:21,720
other uh our company secretary version

244
00:17:19,319 --> 00:17:24,299
and all the other members on VC platform

245
00:17:21,720 --> 00:17:27,900
good morning to all of you my name is

246
00:17:24,299 --> 00:17:30,419
outside our results are down sir and

247
00:17:27,900 --> 00:17:32,580
performance is also not at par we are

248
00:17:30,419 --> 00:17:34,940
almost done by our uh we are almost down

249
00:17:32,580 --> 00:17:37,200
by three crores compared to last year

250
00:17:34,940 --> 00:17:38,280
kindly expensive what is the reason for

251
00:17:37,200 --> 00:17:41,960
it sir

252
00:17:38,280 --> 00:17:45,120
and uh how do you plan to

253
00:17:41,960 --> 00:17:46,679
uh grow in a grow and

254
00:17:45,120 --> 00:17:50,220
what are your plans for the next year

255
00:17:46,679 --> 00:17:52,620
sir how do you plan to diversify

256
00:17:50,220 --> 00:17:54,059
and uh

257
00:17:52,620 --> 00:17:56,400
sir next year please do physical

258
00:17:54,059 --> 00:17:58,380
meetings sir it is uh we are tired of

259
00:17:56,400 --> 00:18:01,320
those VC meetings kindly do physical

260
00:17:58,380 --> 00:18:02,460
meetings sir and uh any plans for

261
00:18:01,320 --> 00:18:05,340
expansion

262
00:18:02,460 --> 00:18:06,480
thank you very much sir and I wish that

263
00:18:05,340 --> 00:18:09,660
we

264
00:18:06,480 --> 00:18:11,280
uh come back into profits

265
00:18:09,660 --> 00:18:13,880
thank you very much sir thank you for

266
00:18:11,280 --> 00:18:13,880
patient hearing

267
00:18:14,160 --> 00:18:19,919
yourself

268
00:18:16,400 --> 00:18:23,160
request from Mr rajendra said uh please

269
00:18:19,919 --> 00:18:25,679
unmute your uh audio switch on the

270
00:18:23,160 --> 00:18:27,240
webcam and speak

271
00:18:25,679 --> 00:18:29,660
uh hello

272
00:18:27,240 --> 00:18:29,660
hello

273
00:18:40,320 --> 00:18:42,320
um

274
00:19:44,419 --> 00:19:47,660
thank you

275
00:19:48,010 --> 00:19:54,420
[Music]

276
00:19:57,050 --> 00:20:00,280
[Music]

277
00:20:04,520 --> 00:20:07,520
resolution

278
00:20:18,919 --> 00:20:22,700
thank you thank you

279
00:20:23,660 --> 00:20:28,440
uh so uh I would further like to

280
00:20:26,760 --> 00:20:30,840
appreciate the e-voting facility

281
00:20:28,440 --> 00:20:33,419
provided to encourage the members to

282
00:20:30,840 --> 00:20:35,640
vote who cannot personally attend the

283
00:20:33,419 --> 00:20:37,799
meeting the e-voting facility was

284
00:20:35,640 --> 00:20:41,580
available for the all the members from

285
00:20:37,799 --> 00:20:45,660
13 September 2023 from 9 00 am to 15

286
00:20:41,580 --> 00:20:47,580
September 2023 uh 5 PM the e-voting

287
00:20:45,660 --> 00:20:49,620
facility will now be activated for

288
00:20:47,580 --> 00:20:51,960
members who are participating in this

289
00:20:49,620 --> 00:20:54,780
meeting and have not already voted

290
00:20:51,960 --> 00:20:56,880
through remote e-voting the nsdl

291
00:20:54,780 --> 00:20:59,160
e-voting facility will remain active

292
00:20:56,880 --> 00:21:03,299
till 15 minutes after the meeting

293
00:20:59,160 --> 00:21:06,059
now I would invite the scrutinization to

294
00:21:03,299 --> 00:21:07,980
be a report and voting results within 48

295
00:21:06,059 --> 00:21:10,620
hours from conclusion of this meeting

296
00:21:07,980 --> 00:21:12,539
and same will be notified to the stock

297
00:21:10,620 --> 00:21:15,600
exchange as well as uploaded on the

298
00:21:12,539 --> 00:21:18,179
website of the company and lsdl

299
00:21:15,600 --> 00:21:20,460
thanks to all the shareholders for the

300
00:21:18,179 --> 00:21:22,559
year participation and support all the

301
00:21:20,460 --> 00:21:25,440
items of businesses for the notice of

302
00:21:22,559 --> 00:21:27,480
the 35th AGM have been taken up I now

303
00:21:25,440 --> 00:21:29,039
declare the proceedings of the annual

304
00:21:27,480 --> 00:21:31,260
Journal meeting of jatashankar

305
00:21:29,039 --> 00:21:33,240
Industries limited is concluded please

306
00:21:31,260 --> 00:21:34,919
stay safe and stay healthy thank you

307
00:21:33,240 --> 00:21:37,880
very much have a nice day have a good

308
00:21:34,919 --> 00:21:37,880
day thank you so much

309
00:21:38,460 --> 00:21:41,900
support list of the recording