|₹550 / ₹191.5|
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?
A partnership firm, Pondy Oxides & Chemicals, was promoted by R D Bansal, Devekar Bansal and their associates, in 1992. The firm started its activities of trading of zinc and lead sub-oxide in Jul. '93. Later on, POC foryaed into the manufacture of zinc oxide by putting up a manufacturing facility in Pondicherry. Pondy Oxides & Chemicals Ltd (POCL) was incorporated in 1995 to takeover the business of the partnership firm at a consideration of Rs. 75 lacs. POCL entered capital market with a public issue of 17,05,700 equity shares of Rs 10 each for cash at par aggregating Rs 1. 71 cr in Jan.