About the company:
Sandesh is a Gujarat-based publishing house. The company's daily Sandesh is published from Ahmedabad, Surat , Baroda and Rajkot. It is also publishing a weekly magazine for women called 'STREE' and also launched monthly publicaiton on Astrology viz 'JYOTISH-DEEP'. The company is also engaged in leasing activities.
During 1996-97, it undertook a new project in the form of a new printing press at Vastrapur, Ahmedabad with an outlay of Rs 13 crores, which commenced commercial production in Mar'98. The company had put up printing press at Bhavnagar. During 1999-2000, the printing press at Vastrapur commenced printing operations. In July 2001, the hon'ble high court of Ahmedabad, Gujarat approved the scheme of amalgamations of its wholly owned subsidiaries, Shubhkamna Investments, Sarvashanti Investment and Swarpan Investment with the company with effect from April 2000. The company has also shifted its administrative office to its new building at Bodakdev during the year. A Health Care Division viz 'Sandesh Health Care' was commenced during 2001-02. To market Beautycare,Herbal & Ayurvedic products this division was inauguarated.
BRIEF STATEMENT ON COMPANY’S PHILOSOPHY ON CODE OF CORPORATE GOVERNANCE:
This Company firmly believes that Good Corporate Governance in any organization needs to be principle-based as well as simple, moral, accountable, responsive and transparent (SMART). The philosophy of the Company is to attain the highest standards of Corporate Governance by ensuring transparency in all its actions & operations and to maximize values of its stakeholders. The Company fully complies with all the provisions and stipulations laid down in the guidelines on the corporate governance as provided in Clause 49 of the Listing Agreements with the Stock Exchanges. This philosophy of the Company would ensure that it follows highest standards of professionalism, integrity, accountability, fairness, transparency, social