21. 51.5% of the shares of National Aluminium Company Ltd is with the Government and
they are the promoters of the company. Remaining shares are held by the foreign and
financial institutions and remaining with the public.
(i) Identify and explain the type of public sector enterprise specified here.
(ii) List one merit and limitation of the enterprise identified above.
Answers
Answer:
Bodies Corporate
Financial Institutions / Banks
Partnership Firms
Promoter Group
Employees Welfare Fund
Other
Any Others (Specify)
Foreign Promoters
Non-Residents Individuals / Foreign Individuals
'Bodies Corporate
Institutions
Other
Any Others (Specify
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Answer:
Explanation:
Indian Promoters, Individuals Hindu Undivided Family ,Central Government/State Governments ,Bodies Corporate ,Financial Institutions / Banks ,Partnership Firms ,Promoter Group.
They connected with the business from start. They are starter or founder of the company. They help to raise capital from various source. If a company have many promoters that means they have trust on this company. The company doing innovating things to promote business.
Public promoters are Institutional ,Mutual funds and banking sector. The value of securities can be established. Increase to access to capital raising opportunities.