|₹13.09 / ₹4.09|
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?
Controlled by the Aruna Sugars group, India Cements Capital & Finance Ltd. , formerly known as Aruna Sugars Finance is engaged in fund-based activities like leasing and hire purchase, bills discounting, fixed deposits and inter-corporate deposits. Its non-fund-based business comprises managing fixed deposits for other companies, syndication of loans, forex broking and advisory services, and dealership on the OTCEI. The company has tied up with Mecklai & Mecklai, Bombay forex brokers, to manage their broking activities in Madras, for which it is entitled to a management fee of 50% of the net profits of the branch. The losses, if any, are debited to the account of Mecklai & Mecklai. The company's offices are at Madras, Bombay, Namakkal, Trichy, Coimbatore, Madurai and Salem. It also opened branches in Bangalore, Cochin & Delhi. The fixed deposit programme of the company which was first rated FA- by CRISIL in 1991-92 has now been upgraded to FAA recently.