CHAIRMAN'S ADDRESS

Gautam V.Pai Kakode represents the Pai Group as Chairman, eyeing ways and means of maintaining its pioneer position in its products and providing quality service, thereby ensuring long term profitable growth.

From a modest beginning in 1963 The company has positioned itself as of the leader in South India by identifying and responding to client requirments and the changing trends in the Gas Industry. The Company is engaged in the manufacturing of Oxygen, Dissolved Acetyline, Nitrogen & Nitrous Oxide Gas and other gases and the Company is in operation for the last 50+ years. We act resposilbly towards our business Partners, shareholders, employees and society.Our sole motto is profits through customer satisfaction.

A winning strategy takes time, thought and vision. Investing and winning on emerging market trends will accelerate the growth of our business. I strongly believe , having challenging but achievable goals and a strategy to reach them provides our team with focus and purpose for the year and the future. I remain confident in our long term outlook and promise to deliver on your expectations.

Pai Group and its company's performance for past 50+ years reflects its ability to adapt quickly, plan appropriately and act effectively in an otherwise challenging environment. As a Group we acknowledge the trust and confidence people and customers have placed in the Company during our entire journey.

Our programmes of corporate social responsibility promoting sports , supporting meaningful cultural initiatives, etc will cultivate 'holistic empowerment' of the community, through implementation of sustainable initiatives which will have maximum societal impact by identifying the critical needs and gaps.

As always, we remain committed to pursuing growth opportunities not only ensuring expansion of our businesses but also creating value for all our stakeholders in a sustainable manner.

With compliments,

Gautam V. Pai Kakode