Several Companies have amalgamated with the Company from time to
time. In the recent past, GIS
Ltd. which had two major
Divisions / businesses viz.
-
Textile Division engaged in the production of Cotton and Man made fibre/yarn and blends thereof.
-
Engineering Division engaged in the business of structural engineering, steel fabrication, execution of turn-key projects and other engineering work under the name ‘Modern India Construction Company’ (MICCO) was amalgamated with the Company.
The Company
primarily deals in tea,
textiles, engineering, chemical
and trading business activities.
GACL has a diversified business
portfolio which has helped it in
achieving a steady performance
by overcoming adverse cyclical
fluctuations to which its
various businesses may be
exposed from time to time.
EARLIER IT'S A GOOD DIVIDEND YIELD COMPANY LAST YEAR POSTED LOSS BUT FIRST QUARTER THEY POSTED GOOD RESULTS
SEE BELOW LINKS AND DECIDE .
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