|₹36.55 / ₹11.95|
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?
Promoted as a joint sector company by Mohta Industries (MIL) and the Punjab State Industrial Development Corporation (PSIDC), Vardman Polytex (VPL) was incorporated as Punjab Mohta Polytex. The promoters also have interests in Mahavir Spinning Mills and Vardhman Spinning and General Mills. The company came out with a rights issue at a premium of Rs 60 aggregating Rs 24. 92 cr and 28. 48 lac 13% secured NCDs of Rs 250 aggregating Rs 71. 21 cr in Jan. '95. The issue was to set up a 100% EOU with an installed capacity of 25,200 spindles in Punjab, expansion of its plant, and to meet long-term working capital needs.