PRESS REALESE

SREE UGCL PROJECTS LIMITED Propels into a New Financial Horizon: Visionary Leadership, Diversification, and Listing Aspirations

Bengaluru, 13.12.2023 - SREE UGCL PROJECTS LIMITED, a leading name in the business landscape, is set to redefine its financial trajectory with a series of strategic initiatives. This transformation, characterized by visionary leadership, diversification into cutting-edge sectors, and aspirations for listing status, marks a significant chapter in the company's journey. Visionary Leadership Steering Financial Resurgence Founder Director Mr. Myneni Vamsidhar's elevation to the role of Chairman is more than a leadership change – it signifies a commitment to a financially robust future. Backed by a new leadership team, including a visionary CEO and a CFO with diversified exposure, the company is poised for sustained financial growth. This leadership reshaping is a cornerstone for navigating the company towards a future marked by financial resilience and success. Strategic Diversification for Market Resilience Known for its excellent service delivery in EPC Projects, SREE UGCL PROJECTS LIMITED is venturing into Aerospace & Defence, Mining, Real Estate, and Food Products. This calculated diversification is aimed at fortifying the company's position in the market and ensuring resilience against economic fluctuations. The company isn't just adapting to change; it's leading the charge in redefining industry norms. Valuation Surge Attracts High Net Worth Individuals A surge in book value capital to 140 Crores and an approximate valuation of 400 Crores is not just a financial milestone; it's a testament to the company's strength and appeal to influential High Net Worth Individuals (HNIs). This influx of capital not only bolsters the company's financial standing but also reflects the trust and confidence of investors in the strategic direction set by the visionary leadership. Operational Efficiency through Strategic Relocation The relocation of the Company’s headquarters to New Delhi is more than a change of address – it's a strategic move aimed at enhancing operational efficiency. This decision aligns seamlessly with the company's commitment to streamlining operations and adopting a more centralized approach to business expansion. It's about creating an operational hub geared for efficiency and innovation. Listing Aspirations for Market Prominence Aspirations soar high as SREE UGCL PROJECTS LIMITED aims for listing of the company by the fiscal year 2025-26. This ambitious financial milestone is a clear indication of the company's commitment to market prominence and financial excellence. It represents not just a listing but a strategic goal symbolizing sustained growth and stability. Expressing Gratitude and Inviting Collaboration In the midst of these transformative financial endeavors, SREE UGCL PROJECTS LIMITED expresses heartfelt gratitude to its stakeholders and partners who have played a pivotal role in the company's success. The company extends an invitation to collaborators, inviting them to be part of this financial success story. The promise is not just financial resilience; it's a transformative experience marked by innovation and collaborative triumph. SREE UGCL PROJECTS LIMITED invites the business community, investors, and collaborators to join hands in shaping this new financial horizon. As the company propels forward with visionary leadership, strategic diversification, and ambitious aspirations, it promises a journey marked by financial excellence and collaborative success. For further information, please contact: Email: CEO@lpgroup.co.in or CFO@lpgroup.co.in 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, the company aims to diversify, grow, and create value for its stakeholders in the ever-evolving business landscape. Welcome to the new era of SREE UGCL PROJECTS LIMITED, where together, new heights and remarkable success await.