|₹28.65 / ₹11.71|
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 as a private limited company in Dec. '87, Phoenix International (PIL) was converted into a public limited company in Jun. '88. It was promoted by D N Kalsi and Ajay Kalsi. PIL came out with a public issue in Apr. '94 to part-finance the setting up of manufacturing facilities for 8,40,000 pairs of synthetic footwear (sport shoes) at Ghaziabad. PIL has signed an agreement with Reebok International, US & UK, to manufacture and supply shoes under its brand name. For this purpose, PIL is implementing a Rs 130-cr project to manufacture 60,00,000 pairs of shoes per annum for which IFCI has already sanctioned a loan.