|₹194 / ₹51.2|
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?
Formerly known as Premier Construction, Walchand Hindusthan (WHL) was incorporated in 1920 by the erstwhile Walchand Hirachand group. The company is engaged in construction contracts and leasing. WHL controlled the family's stakes in each of the companies of the Walchand group. The family's stake in turn was determined through a private company Walchand and Company which held a majority stake in WHL. While Vinod, Chakor and Arvind Doshi together held about 45% of Walchand and Company, the Bahubai faction together owned 55% of Walchand and Company. With the split in the Walchand group, the construction house, owned by the company was vacated by the Doshi companies. Hindustan Construction (HCC) increased its share in the company to 51% by way of a preferential issue at the then prevailing market price of Rs 330. From Nov.