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Mitshi India Ltd. Company History and Annual Growth Details

The company has been incorporated on 23-07-1990 and received its certificate of commencement of business with effect from 21st Sept. 1990. The company started trading in auto and decorative paints & also started looking out for expansion activity of the company in order to achieve its object readily the management decided to amalgamate the running business of Deep Jyote Paints & Chemicals Pvt.Ltd on going concern basis. With a view to amalgamating the business, the company made an appliation to Honourable High Court of Bombay with the scheme of amalgamation. The Honourable Bombay High Court affirmed the scheme of amalgamation of the business of Deep Jyote Paints & Chemicals Pvt.Ltd with the company with effect from 01-04-91 by order dated 25th June, 1992. Consequent upon the amalgamation the company entered into manufacturing business of auto and decorative paint, thinner industrial solvents and also diversify into manufacture of Cold Pretreatment Chemicals.

2012

--Registered Office of the Company has been shifted from 81, Yamuna Vihar, Linking Road, Santacruz (west), Mumbai - 400 054 to F111, 1st Floor, Prime Mall, Irla, Vile-Parle (west), Mumbai - 400056.

2013

-Registered Office of the Company has been shifted to from F111, 1st Floor, Prime mall, Irla, Vile-Parle (West), Mumbai 400 056 to 2, Juhu Aradhana CHS Ltd, Juhu Lane, Mumbai - 400 058.

2014

--Registered Office of the Company has been shifted from F111, 1st Floor, Prime mall, Irla, Vile-Parle (West), Mumbai 400 056 to 2, Juhu Aradhana CHS Ltd, Juhu Lane, Mumbai - 400058.

2015

-Dera Paints & Chemicals Ltd has appointed Ms. Drashti T. Savla as women director of the Company w.e.f. March 21, 2015.
- The company has changed its name from Dera Paints & Chemicals Ltd. to Mitshi India Ltd.

2017

-Bulk B2B Vegetable Sales, and Mitshi Softwares started as a DIVISION of MITSHI INDIA LTD (2016-17). The company successfully brought in a preferential equity of Rs.180 lacs with an Rs. 5/- per share premium under SEBI approvals to meet the Project funding of the Taaza kitchen to go head towards the Hig Profit and valuation of the Divisons.

2018

-In April 2018 company has commercially launched Taaza Kitchen Brand for ONLINE sales of Fruits and Vegetables to supply to Super market and House Hold customers. The online solution of E-Commerce platform developed by in-house software disvision "Mitshi Softwares"

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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