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Gold Line International Finvest Ltd.

BSE Live

Jul 06, 16:00
0.39 0.00 (0.00%)
Volume
AVERAGE VOLUME
5-Day
8,217
10-Day
4,705
30-Day
6,967
0
  • Prev. Close

    0.39

  • Open Price

    0.39

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.39 (13269)

NSE Live

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Volume
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Gold Line International Finvest is not listed on NSE
Company History - Miven Machine Tools
The co. was incorporated in July, 1985. It was promoted by the Mysore
 Kirloskar Ltd. It manufactures computerised numerically controlled
 (CNC) turning machines. The co. entered into a licence and Technical
 Assistance Agreement with Warner and Swasey Co. U.S.A (WSC). In
 terms of this agreement , WSC were to impact the latest and current
 technology used by them in their plant in U.S.A  and to provide free
 training to the company's technicians of their plant WSC also agreed
 to participate  in the  equity  capital of the co. to the extent of
 38%.The agreement would be valid for a period of 10 year from 14th
 October, 1985.
 
 The prospect went into trial runs in the last quarter of 1986 and
 Commercial production commenced in early 1987 .  During 1987-88 in
 the very first year of commercial operations , turnover amounted to
 Rs.2.89 crores. During 1989-90, production and turnover of metal
 cutting including grinding machines was higher  than the  previous
 year. During the financial year 1990-91, negotiation with the foreign
  collaborator,  The Warner and Swasey co. , U.S.A  had reached an
 advanced stage for concluding export orders for the company's
 machines. The company has decided to set up its own machine shop to
 strengthen its in -house machining capacity and meet its quality
 requirement and is making financial arrangement for the same.