|₹119.7 / ₹19.1|
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?
Incorported as a private limited, Himalaya Granites (HGL) was promoted by M P Valusami, M Vijan, M P Balkrishna, S Susindran and R Gunasekaran to set up a 100% export-oriented granite processing unit. However, the unit was sold to S P Mittal and R Mittal of the Greenply group in 1991. Commercial production of monuments, tombstones, and memorials started form Aug. '91. HGL was then converted into a public limited company and given its present name in 1994. The company tapped the capital market in Dec. '94 to fund the expansion of its existing unit and to implement a backward integration project to acquire and develop granite quarries and to procure quarrying and material handling equipment. Its products are exported to the UK, the US, Germany, Japan, Canada, Ireland, etc.