|₹2.36 / ₹1.06|
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?
Formerly known as Prashant Proteins, Prashant India (PIL) was promoted by P M Gondalia as a private limited company in Nov. '83 and converted into a public limited in Sep. '85. In Mar. '84, PIL took over a sick and shut-down unit from Ulhas Oil and Chemical Industries located at Bhavnagar and turned it around in the first year of operations. To finance the expansion-and-modernisation scheme, PIL came out with a public issue in Nov. '85. Between 1986 and 1988, when Gujarat was in the grip of a severe drought, the company not only survived but even managed to perform well.