Overseas Cable

in 1944 at Calcutta as a wholly-owned subsidiary of Boots Company PLC. The company went public in 1965, offering equity shares of Rs 10 each at a premium of Rs 13 per share. The company's collaborator, Boots Company PLC, diluted part of its holding in 1986 and reduced its shareholding from 53 per cent to 40 per cent. Since its public issue in 1965, the company has made five bonus issues in and 1987-88 (1:1) and 86.4 per cent of its