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Toyota Company Analysis

Company History - Nilkamal
YEAR
EVENTS
1985 - The Company under the name of creamer plastic Pvt. Ltd. was
incorporated on 5th December,
Which was converted into creamer plastic Ltd on 18th
July, 1990.

- The Company is promoted by the Parekh Family of Nilkamal
Group. The promoters are
Shri Vamanrai V. Parekh, Shri Sharad V. Parekh and Shri
Hiten V. Parekh .

- Nilkamal Plastic Ltd is promoted to produce new models
of material handling crates and
variety of moulded seating systems.

1990 - The Company's name was changed to Nilkamal Plastic Ltd on 23rd
August.

- The Company entered into the Capital Market in the month
of February, 1991 to issue
the Equity Shares of Rs.180 Lacs which has received
excellent response and was
over-subscribed by about 5.23 times.

- The Company has made an allotment within 27 days to
enable shareholders to get the
benefit of Section 88-A of Income Tax Act 1961.

1992 - The Company has installed capacitors which have resulted in
getting better power factor
and saving in energy consumption.

1993 - According to the total Dividend payable on 30 lac Equity
shares of Rs.10/- each and
on pro rata basis on 9 lac Equity shares of Rs.10/-
each, is as under:

- On 30,00,000 No. of Equity Shares of Rs.10/- each @ 10%
i.e. Re.1.00 per share: Rs.30,00,000.

- On 9,00,000 No. of Equity Shares of Rs.10/- each @ 10%
on pro rata basis from 19.06.1992 to
31.03.1993 i.e. Re.0.784 per share: Rs.7,05,600.

- During the year, the Equity Share Capital of the
Company was increased by a sum of
Rs.90 lac by issuing 9 lac Equity Shares of Rs.10/-
each at par to the promoters of the
Company.

- The Company has installed...