|₹21.45 / ₹9.95|
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?
Standard Industries (SIL) was founded 104 years ago as Standard Mills Company in Jan. '92 by J Davidsarson. In 1932, the management was taken over by the Mafatlals, and since 1979 it is a constituent of the Stanrose group. It is currently managed by chairman R N Mafatlal. In Aug. '94, the company came out with a rights issue of 1. 12 cr equity shares at a premium of Rs 50 per share, aggregating Rs 67. 42 cr, to fully finance the modernisation programme and to repay/prepay high cost borrowings.