The Company was originally formed as “Western India Investment corporation Ltd” in January 1947 and the name was later changed to “Western India Industrial corporation Ltd” in September 1959.
The Company is presently engaged in long-term investment in shares earning dividend and capital gains as and when shares are sold.
The business of the company is managed efficiently and has a track record of earning profits and declaring dividend to its shareholders consistently over the years. The dividend declared for the year ended 31/03/2021 was @ 40% on its paid up share capital.
