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

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Isibars

IN THE CAPITAL MARKET Gamarays Transmissions GAMARAYS TRANSMISSIONS is a communications company set up with ambitious plans by Vijay N Shah with an experience of 10 years in the telecommunications field. In addition to manufacturing a variety of products for the communications industry, Shah is to target this company to setting up a telecommunications network in major cities and towns and claims to have received the central government's sanction for Bombay and Delhi already. The company has also applied for money changer's licence to the Reserve Bank of India which it finds it necessary for ISD facilities which it plans to offer to people in different places. The company expects the profitability of its telecommunications network to amount to 23.77 per cent in the very first year of becoming operational. Gamarays Transmissions is setting up its plant at Aspngaon in Thane, Maharashtra, it proposes to make a share capital issue of Rs 3.8 crore to the public for subscription.

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