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Pioneer Embroideries Ltd. Call Transcript 2021

May 20, 2021

60435_rns_2021-05-20_49ec1975-8941-4f48-93c6-c8a08bb6a3a5.pdf

Call Transcript

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Date : 20[th] May, 2021 Ref. : BSE/14/2021-2022.

To,

Dept. of Corporate Services, Bombay Stock Exchange Limited , Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001.

Company Code: 514300 Company ISIN: INE156C01018

To,

The Listing Department, National Stock Exchange of India Limited , Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai- 400051.

Company Code: PIONEEREMB Company ISIN: INE156C01018

Dear Sir/ Madam,

Sub: Intimation ‘Analyst/ Investor Conference Call’ on Post Results (Q4 & FY 2020-21).

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we would like to inform you that subsequent to the declaration of Audited Financial Results for the quarter and financial year ended 31st March, 2021, the Company is organizing an ‘Analyst/ Investor Conference Call’ on Tuesday, 25th May, 2021 at 2.00 P.M. (IST).

The details of the conference call are attached herewith.

This is for your information and records.

Thanking you. Yours faithfully,

For PIONEER EMBROIDERIES LIMITED

(AMI THAKKAR) Company Secretary & Compliance Officer Membership No.: FCS 9196 Encl: As Above

PIONEER EMBROIDERIES LIMITED

Regd. Office: Unit No. 101B. 1st Floor, Abhishek Premises, Plot No. C5-6, Dalia Industrial Estate, Off New Link Road, Andheri (West), Mumbai -400058. Website: www.pelhakoba.com, E-mail:[email protected] Corporate Office: Unit No 21 to 25, 2nd Floor, Orient House, 3A Udyog Nagar, Off S.V. Road, Goregaon (West), Mumbai – 400 062. Maharashtra (India), Tel: +91-22-4223 2323 Fax: +91-22- 4223 2313.

CIN: L17291MH1991PLC063752

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Pioneer Embroideries Limited (PEL), is one of the key players in the Specialized Polyester Filament Yarn (SPFY) and Embroidery & Laces in India The company will be hosting a conference call for Investors and Analyst community on Tuesday, May 25[th] , 2021 at 2.00 P.M. (IST) to discuss fourth quarter and year ended March 31[st] , 2021 results.

The call will be initiated with a brief management discussion on the Company, business segments and earnings performance followed by an interactive Question and Answer session.

On behalf of the Company, the call will be addressed by :

  • Mr. Harshvardhan Bassi: Managing Director

  • Mr. Deepak Sipani: Chief Financial Officer

Details of the conference call are as follows:

– Tuesday, 25[th] May 2021 2.00 P.M. (IST)

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Conference Dial-in numbers
India (Primary no.) +91 22 6280 1239 & +91 22 7115 8140
USA 18667462133
UK 08081011573
Singapore 8001012045
Hong Kong 800964448
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Express Join with Diamond Pass No Wait Time:

Click here for Diamond Pass Registration

Note: When using dial-in numbers mentioned above please do so 10 minutes prior to the conference scheduled to ensure that you are connected to your call in time.

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About Pioneer Embroideries Limited:

Established in 1991 by Mr. Raj Kumar Sekhani, Pioneer Embroideries Limited (“PEL”) is one of India’s notable manufacturer and exporter of value-added Specialized Polyester Filament Yarn and Embroidery & Laces. It has a state-of-the-art SPFY manufacturing facility at Himachal Pradesh, and three Embroidery & Laces manufacturing facilities in Gujarat, Dadra & Nagar Haveli and Tamil Nadu.

Within a few years, PEL has carved a permanent niche for itself in the SPFY business worldwide, with best-in-class quality under the SILKOLITE brand. PEL has a yarn capacity of about 18,000 MT pa. The Company’s products find application mainly in the non-apparel segment, used in carpets, bath mats, upholstery fabrics, and curtains. PEL became one of the first textile company to create a brand in a highly commoditized yarn business.

PEL has a capacity of around 14 mm meters for laces and about 1,700 mn stitches of embroidery. PEL’s products enjoy premium in the marketplace because of better quality, designing, and capacity. Owners of the heritage brand – Hakoba – PEL has over the years added strength to the brand by building upon an extensive library of embroidery designs, making Hakoba synonymous to high-quality embroidery across the world.

At present, the Company has three embroidery and lace manufacturing facilities at – Coimbatore (Tamil Naidu), Naroli (UT DN&H) and Sarigam (Gujarat), along with a wide marketing presence at all the major markets. Its Coimbatore facility is also certified as per GOTS (Global Organic Textile Standard) , an internationally recognized standard.

DISCLAIMER:

Certain statements that may be made or discussed at the conference call may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like significant changes in economic environment in India and abroad. Actual results might differ substantially from those expressed or implied. Pioneer Embroideries Limited and its Management will not be in any way responsible for any action taken based on such statements and discussions. Pioneer also undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

For further information please contact corporate communication advisor:

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Sunil Mudgal - Director [email protected] 98692 75849

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