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J L Morison (India) Ltd. Company History and Annual Growth Details

The business of the Company has distinctive facets. It has a personal care range typified by Nivea. The pharma division of the company manufactures products that fall under the professional care products category. More specifically the products of the company manufactured by it are injectibles and solutions, creams and ointments. Medicated toothpaste, plastics, surgical sutures,surgical ancillaries- i.e. bandages of all types etc. It also engaged in the trading activity of such products. It is also exports its products.

From its inception in the year 1934 till the year 1989 the company was among the least known companies in the Indian Consumer market. Its brands were individual popular. The diverse elements of the Company were never visualised together as parts of the J L Morison whole but it emerged as a professional company at the end of the 1980's.

In the field of OTC/Pharma products, the Company had signed 2 collaboration agreements with Cupal, U K and Dermasciences U S A to manufacture & market a wide range of healthcare products. The financial collaboratiors of the company are J L Morison Sons & Jones Limited of U K , Addis Ltd, England U K and Smith Nephew Associated Companies P I C of U K .

2004

-The Company recommended a dividend of 25% on the paid up equity capital of the company

2005

-JL Morison signs new agreements with Nivea India.

-JL Morison obtains license to use trademarks, copyrights for Nivea products in India.

-The Company has recommended dividend of 25% on the paid-up equity capital of the Company.

2006

-The Company has introduced a new product range of baby care products such as Baby oil, Nappy cream, Soothing powder, Nourishing bath soap and Moisturising Baby bath under brand name Morison Baby Dreams.

-The Company has been appointed as exclusive distributor by Merisant India Pvt Ltd for the promotion and sale of their tabletop sweetener products under the brand name EQUAL.

-The Company declared Dividend @ 25%

2007

-The Company has recommended dividend @ 25% for the year.

-The Company has been appointed as the exclusive distributor by Hoyu Co. Ltd., Japan for 'BIGEN' hair products for the marketing, sales & distribution of Hair Colours in India.

2008

-The Company has recommended dividend @ 25% for the year.

2009

-The Company has entered into an exclusive distribution agreement with Coty Prestige Travel Retail and Export, a division of Coty Geneva S.A., Switzerland, for distribution of various Deodorant / Fragrance products under brands Playboy, Tonino Lamborghini and Pierre Cardin in India.

-The Company recommended dividend @ Re 1/- per share.

2010

-The Company has recommended the payment of dividend on equity shares @ Re. 1/- (Rupee One only) per share i.e. 10%.

2011

-The Company has recommended the payment of dividend on equity shares @ Rs. 1/- (Rupee One only) per share i.e. 10%

2012

-The Company appointed Mr. Sohan Sarda as the Manager of the Company.

-The Company recommended Dividend @ Re. 1/- (Rupee One only) per share i.e. 10% of the paid up Equity Share Capital of Company.

2013
-JL Morison India Ltd has recommended the payment of dividend on Equity shares @ Re. 1/- (Rupee One only) per share.

2014
-JL Morison India Ltd has submitted a copy of amended Articles of Association of the Company as approved by the shareholders of the Company.
- M/s. C. B. Management Services (P) Limited, Kolkata as its Registrar & Share Transfer Agent.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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