|₹5.01 / ₹0.46|
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?
Incorporated on Mar. '95, Minaxi Textiles was promoted by Kanubhai, S Patel and Sujal K Patel. It was originally established as a partnership firm and was converted into a joint-stock company in Feb. '95. The company took over the business of the partnership firm and commenced operations in Mar. '95. In 1995, the company undertook an expansion of its weaving facilities by installation of the high-speed shuttless projectile Sulzer weaving looms imported from the US and Germany. It came out with a public issue of 38,10,000 equity shares of Rs 10 each for cash at par aggregating Rs 381 lac.