|₹323.8 / ₹120.9|
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?
A member company of the Jayant Oil Mills group, Jayant Agro Organics (JAOL) was promoted by V G Udeshi, B M Kapadia and H V Udeshi. It set up a project to refine and hydrogenate castor oil, part-financed by a public issue in May '93. The product finds application in paints, varnishes, print inks, lubricants, etc. The technology to be employed was supplied by one of the associate companies, Jayant Industrial and Scientific Research, for a fee of Rs 25 lac. On commencement of its refining unit on 8 Jul. '93 and the commissioning of its hydrogenation facilities on 29 Sep. '93 the company acquired the status of a 100% EOU. In Jul.