Board of Directors

Since NSSV Sabha being the parent company of Parambikulangara Sreevilasini Sabha Kuries Ltd. (a company incorporated under the Company’s Act of Government of India) it would be advisable and / or appropriate to co-opt the elected committee members of NSSV Sabha from time to time as Board of Directors of the Company to promote healthy competition.

On behalf of the Board of Directors, we extend our warm greetings to the stakeholders of our Company.

As you all are aware, currently we are passing thru a difficult phase, affecting the total global population. Challenge of Covid-19, unemployment, climatic changes, uncertainty of future, etc. make us a bit nervous to initiate any new venture. Despite the discouraging environment, we need to move forward cautiously to discharge our responsibilities towards our Members. Our corporate social responsibility demands ethics, integrity and transparency in our operations and to honor legitimate expectations of our stakeholders by effective capital management.

Your unconditional support is a great motivation for your Board. Our commitment to our Members and appreciation of our happy customers encourage us to experiment with new ideas. Our dedication, foresight and strategic planning guide us in this journey. We have finalized a new a Chitty, effective 15th July 2020 for sale of Rs.6,00,000/- in 3 Divisions (totaling Rs.18,00,000/-). In considering the way forward, the Board is also balancing the requirement to maintain a prudent gearing ratio and maintain the flexibility for the Company to pursue its potential growth in coming years.

While proceeding with our goal, we bow our heads in the memory of our founding ancestors, whose dedication brought this institution to the present level. Their glorious contributions will always encourage us to do our best to accomplish better results.

We take this opportunity to record our great appreciation for the continued involvement of our Board of Directors, sincere support of our stakeholders and the ever willing employees. Together let us take this organization to new heights.