The Company was incorporated as ÂStudds Accessories Private Limited on February 3, 1983, under the Companies Act, 1956, at Haryana, India with a certificate of incorporation granted by the RoC. The Company became a deemed public limited company in terms of Section 43(A) of the Companies Act, 1956 with effect from March 31, 1990, and the word Âprivate was deleted from the name of the Company. The Company was subsequently converted into a public limited company pursuant to a special resolution dated October 22, 1994, passed by the shareholders of the Company and the name was changed to ÂStudds Accessories LimitedÂ. The certificate of incorporation was updated to reflect such conversion. Major Events and Milestones: 1983 - Incorporation of the Company 1998 - Obtained license to operate factory for the first manufacturing facility at Plot no. 61, Sector 27-A, Faridabad, Haryana, India 1999 - The trademark ÂStudds was assigned to us by Studds Limited 2001 - Commencement of export of two-wheeler helmets to Europe wherein, we exported two-wheeler helmets to Czech Republic 2004 - Obtained license to operate factory for a manufacturing facility at Plot no. 54, Sector 27-A, Faridabad, Haryana, India 2006 - Obtained license to operate factory for a manufacturing facility at Plot no. B-72, Sector 27-A, Faridabad, Haryana, India 2009 - Manufacturing Facility I was set up and the operations conducted out of prior set up facilities of the Company were moved to Manufacturing Facility I 2015 - Expansion of Manufacturing Facility I by taking the adjoining premises on lease - Manufacturing Facility II was set up in Faridabad, Haryana, India 2016 - Launch of the ÂSMK brand 2019 - Manufacturing Facility IV was set up in Faridabad, Haryana, India, wherein manufacturing of bicycle helmets began 2020 - Manufacturing Facility III was set up in Faridabad, Haryana, India - Setup the own EPS and Printing Plants for catering to bicycle helmet market 2025 -The Acquisition of Bikerz US Inc., a wholly owned subsidiary |
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