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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 Jan. '93, Diamond Agro Industries (DAIL) was promoted by Suraj Gupta along with his associates and the Government of Punjab. DAIL is lead by S K Sharma as Chairman. DAIL came out with a public issue in May '94 to set up a solvent extraction unit with a processing capacity of 200 tpd for oilseeds, a 50-tpd vegetable oil refinery and a 62. 5-tpd vanaspati plant at Nalunga in the Gurdaspur district of Punjab. The unit is located in a category-A backward area, making DAIL eligible for sales tax exemption for a period of 10 years and for state investment subsidies of Rs 50 lac. The products manufactured by the company are vanaspati, refined oil and de-oiled cakes. De-oiled cakes are dry packed layers prepared from oilcakes manufactured in a solvent extraction plant.