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Kobo Biotech Ltd. Company History and Annual Growth Details

YEAR EVENTS
1993 - The Company was incorporated on August 03, as Avon
Organics Limited. It obtained certificate of commencement
of business on July 5, 1994, promoted by Mr. P.R. Agarwal,
Mr. Rajesh Agarwal and Dr. G.S. Sidhu.

- The company proposes to manufacture Diketene and
derivatives - Mono Methyl Acetoacetamide (MMA) and Methyl
Aceto Acetate (MAA). Diketene is the mother chemical and is
in itself not sold.

1994 - The Company has entered into a Tripartite Agreement dated
12th October 1994, for which the Department of Industrial
Development, Secretariat of Industrial Approvals, Ministry
of Industry, has given permission vide their letter FC.II
No:90(93)/4/ILF/93 dated April 2nd, 1993, with Shanghai
Machinery & Equipment Import & Export Corporation (SMEC),
on behalf of Shanghai Peng Pu Chemical Works (SPCW) for
technology transfer and with Xytel Technologies
Partnership, U S A for the co-ordination and transfer of
technology (between the Company and SMEC).

2000

-Avon Organics Ltd. the Hyderabad-based pharmaceutical company into the manufacture of chemical intermediates, proposes to venture into the area of bio-technology.

2002

-Avon Organics has entered into a long-term international contract for supply of one of its products with a Global MNC.

2004

-Avon Organics is introducing two high value added intermediates in its Diketene Division.

2007

-Avon Organics has designed a E-mail ID for Investors Complaints as
[email protected]

2010

-Avon Organics has recommended a dividend of Re. 1/- i.e. 10% per equity share of Rs. 10/- each

2011

-Avon Organics has recommended a dividend of Re. 1/- i.e. 10% per equity share of Rs 10/- each

2013

- Mr. Rajendra Kaimal has been appointed as Non-Executive Director on the Board of Directors of the Company

2014

- Mr. Jignesh Patel is appointed as a Company Secretary and Compliance Officer of the Company

- Dr. Sunil Pitroda has been appointed as an Additional Director in the category of Non-Executive Independent Director on the Board of the Company.

2015

-The Company has changed its name from Avon Organics Ltd to Avon Lifesciences Ltd.

2020

-Company name has changed to Kobo Biotech Ltd. from Avon Lifesciences Ltd..

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