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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?
Steel Strips Ltd was incorporated on December 23, 1975. The company is in the business of manufacture and sale of cold rolled steel strips. The company was formed as a joint sector project by R K Garg along with the Punjab State Industrial Development Corporation. The company became a private sector concern on subsequent disinvestment of shares by PSIDC in favour of Garg. During the year 1986-87, the company set up mini steel plant with an installed capacity of 50,000 tpa of steel ingots and billets. In August 19990, they came out with FCDs to part-finance the hot-rolling mill project. During the year 2003-04, the company sold their SAB unit at Rampur, Sirmour (Himachal Pradesh), pursuant to the 'agreement to sell' entered by the company. During the year 2004-05, they revamped the Arc Furnace unit at Sirmour (HP) and limited production was undertaken.