Dear Esteemed Stakeholders,

I am honored to address you today, reflecting on the incredible journey of our business, starting as a small electric shop in Mumbai’s Lohar Chawl in 1968 to now being one of the top 15 cables and wires manufactures in the world.

The success of Polycab has been a shared victory, made possible through the collaborative efforts of our stakeholders. Your trust, commitment, and partnership have played an integral role in propelling us towards new heights. Together, we have overcome challenges and harnessed opportunities, fostering an environment conducive to growth and prosperity.

At Polycab, we take pride in being a contributor to India's growth story. Our role in supplying quality products has not only fueled the development of crucial infrastructure projects but has also been a catalyst for the generation of job opportunities across the nation. We recognize the significance of our contributions to the socio-economic fabric of the country and remain committed to furthering these positive impacts.

India is focused on establishing a strong infrastructure, a fundamental pillar for any nation's economic advancement. In alignment with the national vision of becoming an advanced nation, Polycab’s endeavors are geared towards actively participating in this transformative journey. Through our products and services, we aim to contribute significantly to the nation's development agenda. We are optimistic about the opportunities that lie ahead and are well-prepared to seize them.

Recognizing the evolving needs of the industry and our stakeholders, Polycab is undergoing a strategic shift from a traditional manufacturing mindset to a service-oriented approach. This transition is driven by our commitment to providing comprehensive solutions that extend beyond products. We aim to become a partner in our stakeholders' success, offering tailored services that address their specific requirements and challenges.

While we work to capture these opportunities, sustainability will be at the forefront of our business strategy. We acknowledge our responsibility to operate in an environmentally conscious and socially responsible manner. Polycab is committed to sustainable growth practices, including resource efficiency, waste reduction, and the adoption of eco-friendly technologies. Our aim is to create lasting value for all stakeholders while minimizing our environmental footprint.

In conclusion, I extend my heartfelt gratitude to all our partners, customers, employees, shareholders and the communities who have been an integral part of our journey. Together, we have built a resilient and forward-looking organization.

As we express our gratitude, we also commit to continue working diligently to create value for all our stakeholders. Polycab remains steadfast in its mission to deliver excellence, innovation, and sustainability in all aspects of our operations. Your confidence inspires us, and we pledge to honor it through our unwavering dedication and commitment as we strive to create a future that is not only prosperous for Polycab but also contributes significantly to the well-being of our nation.

Thank you for your invaluable presence within the Polycab family.