|₹1038 / ₹361.5|
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?
Lakshmi Automatic Loom Works (LALW) manufactures textile machinery like automatic looms, shuttleless weaving machines, knitting machines, and also grey and s g iron castings. The weaving machines are marketed under the Lakshmi trade mark. The company was promoted by G K Devarajulu of the Lakshmi group of South India. In Apr. '74, a ten-year technical collaboration was entered into with Ruti Machinery Works, Switzerland, to manufacture high-speed C type automatic looms. Commercial production started in Dec. '77. During 1987-88, it commenced commercial production of air jet weaving machines in collaboration with Sulzer, Switzerland.