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Umang Dairies Ltd. Company History and Annual Growth Details

YEAR EVENTS
1992 - The Company was incorporated on December, 2nd. The Company has
been promoted by Straw Products Ltd. and J. K. Industries Ltd.
Company is setting up a project to process 3 lakh litres of milk
per day to manufacture ghee, dairy whitener and whey powder. The
main objects of the Company is to process milk to manufacture
ghee, dairy whitener and whey powder.

1994 - The Company has successfully launched ghee and skimmed milk
powder under 'Umang' brand, 'White Magic' Dairy creamer and Dairy
Top Dairy Mix for Tea/Coffee.

- 52,40,000 No. of equity shares of Rs 10 each allotted to
Promoters, 17,50,000 No. of equity shares of Rs 10 each allotted
to promoters on conversion of Part A of PCD's. 6,40,000 No. of
equity shares of Rs 10 each allotted to GIC Mutual Fund on firm
basis on conversion of PCD's. 6,40,000 No. of equity shares of
Rs 10 each allotted to SCICI on firm basis on conversion of
PCD's. 17,62,000 No. of equity shares of Rs 10 each allotted to
the Indian Public and employees, 19,71,200 No. of equity shares
of Rs 10 each allotted on conversion of PCD's to the Indian
public and employees.

2006

-JK Dairy enters into agreement with CG Foods

-JK Dairy & Foods Ltd has informed that Shri Girish Sharma has ceased to be a Whole-time Director / Director of the Company w.e.f. September 29, 2006 on expiry of his term of five years.

2007

- Company name has been changed from JK Dairy and Foods Ltd to Umang Dairies Ltd.
 
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