Its original name was KB & T Limited. Came out with a public issue somewhere during 1995 or 1996. Until today, it has not paid even a single paisa as dividend. Except changing name from KB & T Limited in to GIVO Limited, it has done nothing. There was a hell of delay in commencing trial production in its new factory. Hope you got fair idea about the management and their capability. Eventhough I have been its shareholder from 1995 (or 1996) to 2005, I received its annual report only two years. Except weeping and cursing their foolishness for investing in this scrip, investors could not do anything else until today. Verify your source of information before buying the scrip. Make sure that it is not a rumor started by some vested interests so that promoters can offload their stake in the open market after selling everything. Eventhough the land was sold for such a huge price (in fact I became aware of this fact only now) the shareholders have not been paid anything. Trades in T group or Z group in BSE.
