|₹320 / ₹73|
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 in 1799, Binny (BL) is managed by M Ethurajan, the executive chairman, and E Shanmugam, the wholetime director. The company is into textiles, engineering, services, shipping, travel, etc. The major promoter of BL is the Rs 16-bln ETA-Ascon, Dubai, which is forging a major thrust on the export front as part of a restructuring plan designed to take over one of the oldest textile companies. The Dynamix group joined hands with BL in Sep. '94. The Dynamix group consists of Metro Shoes, ETA-Ascon, Conwood, Hiranandani Constructions and Indo-Saigon. BL was sanctioned a rehabilitation scheme by the BIFR in Aug. '94.