|₹6.61 / ₹1.72|
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?
Yarn Syndicate, a government-recognised Trading House, was incorporated in May '46 as a public limited company. It belongs to the Patodia-YSL group. The company is one of the largest merchant exporter of cotton yarn from the country. In 1994, the company proposed to set up manufacturing facilities for knitted fabrics and dyed yarn in order to cater to the international buyers with a committed delivery of quality products at competitive price range. The unit was set up at Mudalipalayam (Periyar district), Tamilnadu. The company came out with a public issue in Mar. '94 to part-finance the project. Commercial production of the knitting unit commenced production in 1994-95.