|₹314.7 / ₹100.5|
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?
Remsons Industries Limited (RIL) was incorporated in May '71, earlier known as Remsons Cables, and went public in 1986. It was promoted by Vishwa Prakash Harlalka and his family. RIL manufactures control cables for the automobile and general engineering industries and for two-wheelers. It also makes brake liners and brake shoes, Gear Shifters for automobiles. Over 70% of the total sales is made directly to automobile manufacturers. It is one of the major suppliers to Auto Manufacturers like Tata Motors, Hero Honda, Maruti Suzuki, Mahindra & Mahindra, TVS Suzuki etc. Manufacturing operations are carried out in Bombay, Daman, Pune and Gurgaon. It has developed its own in-house technology.