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What is shareholding pattern? Who are shareholders?
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Spel Semiconductor Ltd (SSL) (earlier known as Spic Electronics and Systems Ltd) was incorporated as a private limited company in Dec. '84 and thereafter converted into a public limited company in Mar. '86. It was promoted by Southern Petrochemical Industries (SPIC). SSL went public in Aug. '88 to part-finance the cost of setting up a sophisticated electronic project for manufacture of computer tapes, diskettes, jumbo rolls and integrated circuits. The company entered into a technical collaboration with Computer Resources, US, for a magnetic media project to produce computer tapes and floppy discs. The company received the ISO 9002 certificate for integrated circuit packing operations.