|₹4680 / ₹1335|
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?
Vardhman Spinning & General Mills (VSGML) was incorporated in 1962 and commenced production in 1965. It was promoted by V S Oswal and R C Oswal and is a part of the Vardhman group, which also includes companies like Mahavir Spinning Mills and Vardhman Polytex. In Nov. '92, the company came out with a Rs 47. 82-cr rights issue of 14% PCDs to part-finance its expansion and to meet long-term working capital requirements, totalling Rs 58 cr. VSGML has a product portfolio consisting of cotton/worsted blended yarn and, cotton yarn and fabric. The company exports to the UK, Spain, Germany, Italy, Hong Kong, Indonesia, Japan, the US, and African countries. VSGML became an Export House in 1990-91.