|₹16.1 / ₹4.98|
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 Nov. '82 as Bimex Mercantiles, GSB Finance had A K Khemka, H V Jhunjhunwala and D K Sengupta, as the first directors of the company. It was into finance, leasing and investment in shares and securities. In May '92, the company decided to change its line of activity by setting up a mini-cement plant. Accordingly, the name was changed to Ravi Cements and a fresh certificate of incorporation was obtained. Owing to the recession in the cement industry, the company dropped the project of setting up a cement plant. In Aug. '93, the board of directors was reconstituted with the induction of finance related professionals and G S Biyani was appointed as the chairman of the company.