4th AGM OF MRSS

Bengaluru, 30th September ‘16: MRSS India held its 4th Annual General Meeting (AGM) on 30th September, 2016, in Bengaluru. Shareholders adopted the audited balance sheet, profit and loss account of the Company for the financial year that ended on 31st March 2016, together with the board’s & auditor’s report.

After the Annual General Meeting, Rajendra Kumar Sharma, MRSS INDIA, Chairman stated: “We evaluated the performance for FY15 – 16 of MRSS India as successful and fruitful. Most importantly, the impressive financial performance of our business is backed by the company’s acquisition of new technologies. We are highly confident of continuing our performance over the coming financial year.”

Mr. Rajendra Kumar Sharma, Whole Time Director, MRSS India retired by rotation, was reappointed with the approval of the shareholders. The appointment of M/s .R. T. Jain, Chartered Accountants, (Firm Reg. no.103961W), as Auditors of the Company to hold office from the conclusion of this Annual General Meeting (AGM) till the conclusion of the next AGM of the Company ratified by the shareholders of the Company and consent of the shareholders of the Company accorded to double the limits of managerial remuneration.”

After reviewing financial performance for FY15-16 of MRSS India, Managing Director Sarang Panchal said, “We sincerely acknowledge the confidence and trust placed in us by our stakeholders, throughout the journey. During the year we had incorporated newer technologies and processes to provide actionable insights to our clients in a cost effective manner. We are simultaneously pursuing strategic alliances and joint ventures to deepen our capabilities and enhance our analytics edge to capitalize on industry trends. Anchored to our core values we are working towards creating a robust foundation for sustainable future growth.”  

About MRSS INDIA Ltd.

MRSS INDIA relies exhaustively on usage of technology for data acquisition offering reliability, validity and faster turnaround times to its clients. The company has wide range of offerings such as Eye Tracking, Mobile Analytics, Video Analysis, Facial Recognition, Digital Tracking, Online Communities, Neuroscience, Emotional Analysis, Automated Audience Measurement, Sensory Sciences, etc. It is India’s 1st and only listed Market Research Company, also a member of MRSI and DIN (Digital Insight Network – Global). It is the subsidiary of Majestic Market Research Support Services Limited, – One of Asia’s largest full service market research firm. MMRSS is a member of ESOMAR, QRCA, MRA, etc. with presence in 18 countries across Middle East and Asia Pacific region.