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acquired adversely Andheri art materials Baburao Biscuit and Chocolate Bombay bonus Camel Camlin Cenpulp cent chemicals cloth trading cocoa colours company's competition country liquor crore Dandekar diethyl oxalate distillery diversification dividend division dry cells ending March 1989 enterprises equity Eurokote export face fixed assets fixed deposits foreign glass Government of India Government of Maharashtra Government policy Havero Industries IMFL import increased indigenous industrial alcohol Industries Ltd installed capacity joint stock sugar Kakasaheb Khopoli labour lakh litres loss machinery Madhav Madhav Apte Maharashtra Sugar Mills Malay Malaysia manufacturing Mills Ltd MSFC oxalic acid paid-up capital PAPCO performance period Phaltan Sugar pharmaceutical plant problems profit promoters pulp raw materials resulting rose Sathe Biscuit sector September seventies shares Solapur Songad started stationery stock sugar companies sugar factory Sugar Works Ltd sugarcane surplus Tarapur Tatyasaheb term loans Tilaknagar tonnes turnover upto Vapi venture vTonnes