Bengaluru, November 20, 2023- SREE UGCL PROJECTS LIMITED is delighted to unveil a significant metamorphosis that extends beyond a mere name change, heralding a transformative future for our organization. We are thrilled to introduce a new era for the company and its affiliated group, where change is not just a catchphrase but a potent catalyst for progress.
Revolutionizing Key Management
Our transformative journey commences with a dynamic shift in our key leadership. Founder director Myneni Vamsidhar has ascended to the role of Chairman, accompanied by a visionary CEO boasting extensive multi-industry experience, a CFO equipped with a diverse skill set, a distinguished legal professional heading the legal wing, and a Board of Directors featuring a former Chairman from the banking sector and individuals with substantial experience in listed companies. This revitalized leadership team is poised to guide us towards an era brimming with possibilities.
Diversification into Emerging Sectors
SREE UGCL PROJECTS LIMITED has transcended its traditional EPC Projects, venturing into promising new sectors such as Aerospace & Defence, Mining, Real Estate, and Food Products through strategic subsidiaries. This diversification expands our horizons, positioning us to tackle fresh challenges and seize opportunities in the market.
Financial Resilience and Valuation Surge
Our book value capital strength has surged to 140 Crores, with an approximate valuation of 400 Crores, thanks to the support of influential High Net Worth Individuals (HNIs) who have joined us on this exciting journey. Our robust Capital Structure not only fortifies our financial standing but also underscores the confidence our stakeholders have in our long-term vision.
Strategic Relocation of Headquarters
To enhance operational efficiency and foster a more centralized approach to our business expansion, we are relocating our official headquarters to New Delhi. This strategic move will streamline our operations, allowing us to serve our partners and clients more effectively.
New Aspirations, New Frontiers
Our ambitions have no bounds. Our new objective is to diversify across different sectors, mitigating risks and ensuring sustained growth. We aspire to achieve listing status by the fiscal year 2025-26, marking a significant milestone in our transformative journey.
Ongoing Support and Collaboration
We express our heartfelt gratitude to all stakeholders, partners, and clients who have played an integral role in our journey. We invite you to join us in this exciting phase of transformation as we forge a brighter and more prosperous future together. The future is ripe with promises and opportunities, and we are eager to embark on this journey of growth, innovation, and transformation. Welcome to the new era of SREE UGCL PROJECTS LIMITED. Together, we will reach new heights and achieve remarkable success.
For further information, please contact:
Email:
[email protected] or
[email protected]
Phone: 080-2671 8888/89
About SREE UGCL PROJECTS LIMITED
SREE UGCL PROJECTS LIMITED is a dynamic and forward-thinking company specializing in various sectors, including EPC Projects, Aerospace & Defence, Mining, Real Estate, and Food Products. Committed to innovation and transformation, we aim to diversify, grow, and create value for our stakeholders.