Libas Consumer Products Ltd. Company History and Annual Growth Details

The Company was incorporated as Libas Designs Private Limitedunder the provisions ofthe Companies Act 1956 vide certificate of incorporation dated November 10, 2004, issued by the Registrar of Companies, Mumbai, Maharashtra. Subsequently, the Company was converted into a public limited company pursuant to which the name of the Company was changed to ÂLibas Designs LimitedÂ vide fresh certificate of incorporation dated September 20, 2016. The registered office of the company at the time of Incorporation wasat4B ChandanBuilding,62B PeddarRoad,Mumbai Â 400026, Maharashtra, India the Registered Office was shifted with effect fromOctober 20, 2016 to Gala No 55, Apaki Industrial Premises Co-operative Society Limited, Plot No. 246, Masrani Lane, Kurla ( W ) Mumbai - 400070, Maharashtra, India.

KEY EVENTS AND MILESTONES IN THE HISTORY OF THE COMPANY :

2004

-The company was incorporated as Libas Designs Private Limited.

2005

-Open First store under the brand name of LIBAS RIYAZ GANGJI in Mumbai

2010

-Open its Second Store in Mumbai

2013

-Open two more store in the same year in Mumbai

2014

-Signing a Franchisee Agreement to open the Store in Ludhiana

2016

-Open another store in Pune
-Issue of bonus shares in ration of 2.5:1 to the shareholders.
-Rights Issue in the ratio 4:7 to the shareholders.
-Rights Issue in the ratio 277:1000 to the shareholders.
-Company was converted into Public Limited Company.

2018

-The Company has issued Bonus Shares in the Ratio of 1:2.

2020

-Company name has changed to Libas Consumer Products Ltd. from Libas Designs Ltd..

2021

-The Company has issued Bonus Shares in the Ratio of 1:5.
-Libas Consumer Products Limited has lauched of products on E-Commerce site.

2022

-The company issued rights shares of Rs. 10 in the ratio of 1:2 at a premium of Rs. 11 per share.

2023

-Libas Consumer Products Limited has ''Signed Soha Ali Khan, Actress for endorsement fo brand Libas and KNG''.

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