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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 Sep. '86 as a private limited company, Bisil Plast was converted into a public limited company in May '92. It was promoted by Sanjay S Shah, Surenderbhai T Shah, Shilaben Shah and Ritaben Shah. The company was set up with the object of manufacturing PVC bottles. However, during the initial years, the company could not produce bottles due to various reasons like shortage of trained experienced personnel to run sophisticated machines at Chhatral, Gujarat, no definite market for the PVC bottles at that time, etc. Hence the demand for the PVC bottles was not substantial. The delay in the disbursement of term loans aggrevated the problems and it started slipping into losses. Over the years, Chhatral started developing and with the availability of necessary infrastructural facilities and improvement in the market for the product, the company started regrouping its limited resources to make concentrated efforts to minimise financial crisis.