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What is shareholding pattern? Who are shareholders?
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Borosil Glass Works (BG) was formed in Dec. '62 mainly to acquire the undertaking of the Industrial and Engineering Apparatus Company Pvt Ltd. In Jun. '90, the company came out with a rights issue. BG manufactures borosilicate tyre neutral and heat-resistant tubing and rods, scientific apparatus, laboratory glassware, etc. Its plants are located in Tamilnadu and Maharashtra. In 1963, a technical collaboration agreement was entered into with Corning Glass Works, New York. The company has subsidiary, namely Gujarat Borosil.