JINDAL DRILLING Chairmans Speech

Dear Shareholders,

It has been a volatile and turbulent year for the oil industry and your Company has not been shielded from the consequent impact. The severe slow/down in upstream sector slams no sign of ceasing and is expected to prevail over the nearer term. Despite that, our continued steady performance in this sector has provided a strong sense of comfort to all stakeholder''''s. Jindal Drillin g & Ihonotrie Ltd. (JDIL) has honored all of its commitments towards stakeholders such as financial, safety, environment, quality and many more.

I believe that JDI L can only withstand the current difficult economic scenario and swiftly move forward on its path towards growth, with the continued involvements hoed support of key/ stakeholders . JDIL continues to push boundaries in order to create value that is sustainable and ensure that it stays ahead of competition.

J DIL has re-evaluated the industry conditions and has specifically allocated resources towards achieving greater energy independence for the country h accordance with Government policy. It is focusing on newer strategies to enhance returns and I am confident that effective implementation of these started will by instrumental in enhancing the prosperity of the Company in future.

I deeply appreciate all our employees for their resilience and hard work and share holders for Rhee valuable guidance and enduring support.

Thanking you,

D P Jindal

CIN: U67190WB2003PTC096617. Trading in Commodities is done through our Group Company Dynamic Commodities Pvt. Ltd. The company is also engaged in Proprietory Trading apart from Client Business.

Disclaimer: There is no guarantee of profits or no exceptions from losses. The investment advice provided are solely the personal views of the research team. You are advised to rely on your own judgment while making investment / Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. You should read and understand the Risk Disclosure Documents before trading/Investing.

Disclosure: We, Dynamic Equities Private Limited are also engaged in Proprietory Trading apart from Client Business. In case of any complaints/grievances, clients may write to us at compliance@dynamiclevels.com

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