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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?
Promoted by G N Naidu and his associates, Regency Ceramics (RCL) set up a unit in 1985-86 to manufacture 25,000 tpa of glazed and unglazed ceramic floor and wall tiles at Yanam, Pondicherry, in technical and financial collaboration with Welko Industrial, Italy. The project was originally formed as a 100% EOU with a total cost of Rs 12 cr which was part-financed by a public issue in Dec. '85. However, RCL opted out of the 100% EOU scheme. Debonding as well as the devaluation of the rupee increased the project cost to Rs 19 cr. The company commenced commercial production in 1986-87. During 1997-98, the company in certification of its standards of quality was awarded ISO 9002 certificate from M/s DNV of Netherlands. Company has plans to introduce new designs by maintaining quality standards.