|₹197.4 / ₹45.3|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
Incorporated on 18 Apr. '84, Andhra Petrochemicals was jointly promoted by Harish Chandra Prasad of Andhra Sugars and the Andhra Pradesh Industrial Development Corporation. With a capacity of 30,000 tpa, the Rs 150-cr project planned to manufacture oxo-alcohol, was set up with a licence from Davy McKee, London. The project went on stream in Oct. '93 with a cost overrun of Rs 45 cr. To finance this, the company came out with a rights issue in Jan. '93. 1994-95 was its first full year of operations.