Jamna Auto - Outcome of Board Meeting

Description : Corporate
Date : Aug-21-2010

Jamna Auto Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on
August 21, 2010, has :

1. Allotted on preferential basis, 1052631 equity shares of Rs. 10 each fully paid up to MAP Auto Ltd. (promoter entity) at a premium of Rs. 85 per shares.

2. Allotted on preferential basis, 1578947 equity shares of Rs. 10 each fully paid up to Clearwater Capital Partners Singapore Fund III Pvt. Ltd. at a premium of Rs. 85 per shares.

Comments

The fantastic

Beat them up

Fixed Assets Management

Fixed Assets Management - Capital Budgeting Decisions Fixed assets are like the properties, infrastructure facilities that are required by the business operations to complete successfully. A finance executive has to evaluate and decide on which fixed assets the company should invest so that company can perform all its current and proposed future functions. There are various techniques that are available and that can be used by the finance department to evaluate various proposals for the investments like - pay back period, Net Present Value, internal rate of interest, profitability index. Once the economic value of those fixed assets gets over than a proper depreciation policy should also be formulated.

Joint Stock Companies

Types of Firms 1- Proprietary Firms 2- Partnerships Firms 3- Joint Stock Companies Joint Stock Companies Can raise lage amounts of funds as the number of owners can be unlimited. The total requirements of funds of the organisation is split into the units called as shares and each share carries a denomination value called as face value or nominal value. Anyone can participate by purchasing the shares and becomes the part owner that company to the extent of his shareholding. · They have a legal status and get registerd under companies act. These firms can be sued or be sued, can own assets but in no way the shareholders are liable for actions of company. · They have limited liability and hence the shareholders are liable to the extent of their shareholding in the company. · ...

The Unethical

Search This Blog