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Kemp & Company Ltd. Company History and Annual Growth Details

YEAR EVENTS
1946 - 2,000 Right Equity shares offered at a premium of Rs 100 per
share in the proportion 1:1.

1951 - Balance of Rs 100 per share out of 1946 issue called and paid-up
in 1950. 2,000 Right Equity shares issued at par in the prop.
1:2.

1966 - 1,000 Bonus Equity shares issued in the prop 1:6.

1980 - The Company started manufacture of leather bags, toys and
solitaire luggage.

1982 - A number of new toys were introduced.

1984 - Equity shares of Rs 200 each subdivided into share of Rs 100
each.

1986 - The Company entered into a joint venture agreement with Mattel
Asia, Ltd., Hongkong to manufacture a wide range of toys by
incorporating a new company under the name Mattel Toys (India)
Pvt. Ltd.

- The company was Incorporated at Mumbai. The Company used to
carry on the business as manufacturing chemists and wholesale and
retail distributors. It now carries on the manufacture of
leather bags and trading activities through retail shops.

1992 - Shareholders of the Company approved a Scheme of Amalgamation
between the Company and Furn Plastic Industries, Ltd. at their
meeting held on 25th April as per the directions of the Mumbai
High Court.

1993 - 8,46,200 shares allotted to Furn Plastic India Ltd.

1996 - The Company as re-organised its activities by placing greater
emphasis on high value added products like office partition
systems, executive sitting systems etc.

2007

-Kemp & Company Ltd on October 03, 2007, has appointed Mr. K C Gupte as an Additional Director of the Company with immediate effect, to hold the office upto the date of the next Annual General Meeting of the Company.

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