ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Mr M R RuiaSubscribe to Mr M R Ruia

Poysha Industrial Company Limited

Poysha Industrial Company Limited Review by the Chairman, Mr M R Ruia THE following is the summary of the Review by Mr M R Ruia, Chairman, Poysha Industrial Company Limited, for the year 1972-73:

Poysha Industrial Company Ltd

and forbids sell discipline in pricing and distribution. The Company law is another example. It has the most laudable objects and the newly proposed set of regulations is certainly motivated by the same considerations. For example, the provision regarding unscrupulous takeover bids is bound to have a salutary effect. On the other hand, provisions like further administrative controls, dividends, deposits, etc, will further hamstring Company managements. The danger of such regulations is that while aimed at unscrupulous elements, they basically affect the scrupulous because the unscrupulous always find a way to be a step ahead of the regulations.

Poysha Industrial Company Limited

Poysha Industrial Company Limited Extracts from the Speech of the Chairman, Mr M R Ruia THE following are extracts from the Speech of the Chairman, Mr M R Ruia, at the 13th Annual General Meeting of Poysha Industrial Company Limited, held on August 28, 1970:

Poysha Industrial Company Limited-Review by the Chairman, Mr M R Ruia

fact our production programme was formulated after fully taking into account the availability of the imported products in the market. In retrospect, I would say that the shortage was primarily due to the licensed imports not reaching the market in time. For the next year we are carefully watching the market trends and I feel confident that it will be possible for us to cater to the entire demand and also to assure uninterrupted supplies to the consumers.
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