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Mayur Leather Products Ltd. Company History and Annual Growth Details

Mayur Leather Products Limited (MLP) was incorporated as a private Limited Company on 13th March, 1987 under the Companies Act, 1956 with the Registrar of Companies, Rajasthan at Jaipur with the main object to manufacture shoe uppers of Natural Leather and Synthetic Leather. The
company was converted into a public limited company vide certificate of incorporation dated 2nd August, 1995. Since inception, the company is engaged in manufacturing of natural leather shoe uppers specialised in Industrial use for international market at RIICO Industrial Area in Jaitpura, Distt. Jaipur in Rajasthan. The company is having installed capacity of 2.40 lac pair of shoe uppers (on single shift basis).

2004

-The Board recommended a 10% Dividend i.e. @ Rs 1/- per equity share for the year.

2005

-The Company recommended dividend @ 12% i.e. @ Re 1.20 per equity share of Rs 10/- each, for the year.

2006

-The Company recommended a dividend of 10% (i.e. Rs 1/- per equity share of face value Rs 10/-)

2008

-The Company has recommended a final dividend of 8% i.e. Rs 0.80 per equity shares of the face value of Rs 10/- each for the year.

2009

-The Board has recommended a final dividend of 6% i.e. Rs 0.60 per equity shares of the face value of Rs 10/- each for the year.

2010

-The Company has recommended a dividend @ 10% (Rs. 1.00 per equity share of face value of Rs. 10/-) for the year

-M/s. Mayur Abodes Pvt. Ltd., became a Subsidiary Company of the Company .

2011

-The Company recommended Final Dividend of Rs. 0.25/- (i.e. 2.5%) per Equity Share of Rs. 10/- each of the Company for the year

2012

-The Company recommended final dividend of 5% i.e. Rs. 0.50/- per Equity Share of the face valve of Rs. 10/- each for the year.

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