Phoenix Overseas Ltd. Company History and Annual Growth Details

Our Company was originally incorporated as a private limited company under the Companies Act, 1956 in the name and style of “Phoenix Commodity Export Private Limited” bearing Corporate Identification Number U15314WB2002PTC095587 dated December 31, 2002, issued by the Registrar of Companies, Kolkata. Subsequently, our Company changed its name to Phoenix Overseas Private Limited and a fresh Certificate of Incorporation was issued by Registrar of Companies, Kolkata dated December 16, 2008. The Company was subsequently converted into public limited company pursuant to a shareholders’ resolution passed at an Extraordinary General Meeting held on September 30, 2011 and name of our Company was changed to “Phoenix Overseas Limited” and a fresh Certificate of Incorporation dated November 14, 2011, was issued by Registrar of Companies, Kolkata. As on date of this Red Herring Prospectus, the Corporate Identification Number of our Company is U15314WB2002PLC095587.

KEY EVENTS AND MILESTONES:

2002

Incorporation of Company

2003

-Acquisition of Partnership firm of promoters M/s Phoenix International and shares were allotted to the partners of the firm

2008

-Alteration of Name clause of Memorandum of Association. The Name of Company was changed from Phoenix Commodity Export Private Limited to Phoenix Overseas Private Limited.

2009

-Amalgamation of the Company, Phoenix Cold Storage Private Limited with our Company

-Initiation of Cold Storage and Preservation of food products and potato storage business.

2013

-Setting up of a factory at Sodhepur for manufacture of jute, cotton and leather bags, wallets, purse and belt

2021

-Investment in subsidiary company i.e. KBC Solvex Private Limited

2023

-Investment in the Associate Company, M/s. BCL Bio Energy Private Limited

-Recognition as “Three Star” Trading House by Govt. of India, Department of Commerce, Ministry of Commerce and Industry and Directorate General of Foreign Trade