|₹3.6 / ₹2.2|
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?
On 1 Mar. '89, JMT Auto Ltd. , formerly knwon as Jamshedpur Metal Treat (JMTL) was incorporated as a private limited company to take over the running business of Metal Treat Company, an ancillary of TELCO, engaged in pickling jobs. It was converted into a public limited company on 21 Apr. '92. It is having manufacturing facilities in Jamshedpur (Jharkhand) and Dharwad (Karnataka). As the company was able to meet TELCO's quality standards, it was awarded a few more jobs by TELCO. After being assured by TELCO of orders for second-speed gears, third-speed gears, fourth-speed gears, oil pump gears, spring pins, water pumps, shafts, selector shafts, rocher arm shafts, ball pins, etc, the management decided to go in for a second expansion and was sanctioned a term loan of Rs 89 lac by the Bihar State Credit & Investment Corporation.