|₹36.4 / ₹10.5|
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?
Subhash Silk Mills (SSML) was incorporated on 6 Nov. '70, and promoted by Dharamlal Mehra and Ved Prakash Mehra of the Mehra group. Other group companies include Subhash Exports, Excellent Holdings, Taranga Holdings, Subhash Knitting, Subhash Trading, etc. SSML is headed by chairman Ved Prakash Mehra and managing director Subhash Mehra. The company came out with a Rs 6. 6-cr public issue (premium : Rs 40) in Mar. '95 to expand grey cloth manufacturing facilities, shift the existing factory from Andheri, Mumbai, to Sajgaon in Khapoli, and to reduce the work force by offering a voluntary retirement scheme (VRS) to bring down the wage cost per metre. The total fund requirement was estimated at Rs 15.