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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?
Promoted by the Uniworth group, controlled by the NRI Lohias, Fabworth (India), now renamed Uniworth Textiles Ltd (UTL) has set up a 100% EOU for weaving woollen / worsted / blended fabrics and also a finishing unit. In Mar. '94, UTL came out with a public issue to part-finance the project. While the weaving unit (54 looms) commenced operations in May'93, the finishing unit was commissioned in Apr. '94. Around 75% of UTL's production is exported, marketed by a group concern, Uniworth International, through its global marketing network. The introduction of the Uniworth Collection of international quality fine suitings in the niche domestic consumer segment has created a significant impact. In 1993-94, UTL earned the distinction of being the third-largest exporter in the woollen / worsted fabric sector.