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Mahaan Foods Ltd. Company History and Annual Growth Details

Mahaan FOODS LIMITED (MFL)was incorporated as a Private United
Company on 13th March, 1987 under the name and style of Himachal
Milk Products Pvt. Ltd The name of the Company was changed to
Mahaan FOODS PRIVATE LIMITED on and with effect from 10th May,
1994

The Company has been converted into a Public United Company
under Section 31 of the Companies Act, 1956 on and with effect
from 10th June, 1994, and a fresh Certificate of Incorporation
has been issued by the Registrar of Companies, Punjab H.P and
Chandigarh, Jalandhar, on 22nd June, 1994 for Company's new name
and style of MAHAAN FOODS LIMITED.

The Company has set up a Dairy Plant for processing of Skim Milk
for the manufacture of Dairy Whitener, Skimmed Milk Powder,
Whole Milk Powder, Instantised Milk Powders and other milk based
products, at Paonta Sahib in the State of Himachal Pradesh.

The company commenced commercial production from November 1,
1989 with an installed capacity of 3600 tonnes per annum the
project at that time was appraised and financed by HPSlDC
Limited in association with Himachal Pradesh Financial
corporation and State Bank of Patiala. The cost of the project
at that time was Rs. 121.82 lakhs. The project has not suffered
any cost/time overrun till date.

SUBSlDlARY COMPANIES

The Company dees not have any Subsidiary Companies.

2000 - The Delhi-based Mahaan Group, known for Ghee and Coffee
whiteners, has launched an ad campaign for Mahaan Pickles.

2003
-Members have approved voluntary delisting from Delhi, Calcutta, Ludhiana and Jaipur Stock Exchanges.
 
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