|₹79.7 / ₹35.5|
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?
Pioneer Embroideries (PEL), promoted by Rajkumar Sekhani and Manak Chand Baid, was incorporated in Oct. '91 at Bombay to design and manufacture embroidery fabrics and laces at GIDC. PEL came out with a public issue in Sep. '93 to part-finance this project. The project was delayed by six months due to non-arrival of machinery and technical problems and went on stream only in Mar. '94. During 1996-97, to improve the bottom lines of the company and to meet the growing demand in fashion industry, it has taken up a expansion project at Silvassa by importing 12 computerised embroidery machines having installed capacity of 46 lac meters p. a.