We are highly confident of our performance over the coming financial year: MRSS India’s Chairman at 4th AGM

India Infoline News Service | Mumbai | October 05, 2016 10:00 IST

“We evaluated the performance for FY15 – 16 of MRSS India as successful and fruitful. Most importantly, the impressive financial performance of our business is backed by the company’s acquisition of new technologies. We are highly confident of continuing our performance over the coming financial year, ” Rajendra Kumar Sharma, MRSS INDIA, Chairman stated.

MRSS India held its 4th Annual General Meeting (AGM) on 30th September, 2016, in Bengaluru. Shareholders adopted the audited balance sheet, profit and loss account of the Company for the financial year that ended on 31st March 2016, together with the board’s & auditors report.  
 
After the Annual General Meeting, Rajendra Kumar Sharma, MRSS INDIA, Chairman stated: “We evaluated the performance for FY15 – 16 of MRSS India as successful and fruitful. Most importantly, the impressive financial performance of our business is backed by the company’s acquisition of new technologies. We are highly confident of continuing our performance over the coming financial year”.
 
Rajendra Kumar Sharma, Whole Time Director, MRSS India retired by rotation, was reappointed with the approval of the shareholders. The appointment of M/s .R. T. Jain, Chartered Accountants, (Firm Reg. no.103961W), as auditors of the company to hold office from the conclusion of this Annual General Meeting (AGM) till the conclusion of the next AGM of the company ratified by the shareholders of the Company and consent of the shareholders of the Company accorded to double the limits of managerial remuneration.”  
 
After reviewing financial performance for FY15-16 of MRSS India, Managing Director Sarang Panchal said, “We sincerely acknowledge the confidence and trust placed in us by our stakeholders, throughout the journey. During the year we had incorporated newer technologies and processes to provide actionable insights to our clients in a cost effective manner. We are simultaneously pursuing strategic alliances and joint ventures to deepen our capabilities and enhance our analytics edge to capitalize on industry trends. Anchored to our core values we are working towards creating a robust foundation for sustainable future growth”.  

 

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