|₹0.3 / ₹0|
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?
Belonging to the Mesco group, Mideast (India) (formerly Mideast Shipping Company) was incorporated as a public company in 1977. The company started with the manufacture of leather garments at Noida. At present, the company has five units at Noida and one in Madras producing various types of leather garments, shoes and shoe uppers. It has joint-venture manufacturing facilities in Russia, and a joint-venture tannery in Zambia. It also has joint ventures in Mauritius and Germany. In 1994, it introduced the Mesco range of shoes, catering mainly to the premium segment in men's shoes in the domestic as well as international markets. It proposes to acquire two ships to carry iron ore to China and bring back coal from there for its group concern, Mideast Integrated Steel. It has signed an agreement with Hindustan Shipyard to acquire the ships.