Capacity Enhancement and Sales Trend

21 Clear Strategy Going Forward 1 Lowest cost Capex through internal accruals 3 Focusing more on Value-added products like DI Pipes and Specialized Ferro Alloys for margin expansion 2 Continuously working on improving operational efficiencies, cost reduction, modernization/technological upgradation Becoming net debt free company in next 18 Months and strengthening the Balance Sheet 4 JBG

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