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लवेबल लॉन्जरे > कंपनी इतिहास > Textiles - Readymade Apparels > कंपनी इतिहास का लवेबल लॉन्जरे - बीएसई: 533343, NSE: LOVABLE

लवेबल लॉन्जरे

बीएसई: 533343  |  NSE: LOVABLE  |  ISIN: INE597L01014  |  Textiles - Readymade Apparels

कंपनी इतिहास - लवेबल लॉन्जरे
Our Company was originally incorporated as Hybo Knit Private Limited
 on September 29, 1987. The name of our Company was subsequently
 changed to Lovable Lingerie Private Limited by a special resolution
 passed at the EGM of our Company held on November 30, 1995.The fresh
 certificate of incorporation consequent on change of name was granted
 by the RoC to our Company on December 20, 1995. Our Company was
 converted into a public limited 
 company pursuant to the special resolution passed by the members of
 our Company on February 8, 2010 and fresh certificate of name change
 consequent upon conversion of our Company from a private limited
 company to a public limited company issued by the RoC on April 19,
 2010 with the name Lovable Lingeries Limited. Further, upon ceasing
 to be a private limited company, the word private was deleted through
 a special resolution at the EGM of 
 our Company held on February 8, 2010. Our Company has filed an
 application with the RoC dated August 21, 2010 for rectification of
 our Companys name from  Lovable Lingeries Limited to  Lovable
 Lingerie Limited.The corporate identification number of our Company
 is U17110MH1987PLC044835. 
  
 On December 26, 1995, our Company was licensed the brand Lovable from
 Lovable World Trading Company, USA. Subsequently, by an agreement
 dated December 23, 2000, our Company acquired the brand Lovable from
 Lovable World Trading Company, USA on an exclusive basis for the
 territories of India, Nepal, Sikkim and Bhutan. 
 
 The innerwear products manufactured under the brand Lovable cater to
 the premium segment market in India.  
  
 Lovable and  Daisy Dee are our flagship brands. As part of our 
 growth strategy, we have diversified our portfolio of brands and
 acquired brands like Daisy Dee from Maxwell Industries Limited
 through a memorandum of understanding dated March 18, 2004 to cater
 the mid  segment market in India and also acquired the brand College
 Style from Levitus Trading Limited, Hong Kong through a deed of
 assignment dated March 17, 2009 to cater to the young segment of
 India. 
  
 Major Events  
 
 1987
 Incorporated as Hybo Knit Private Limited 
 
 1995 
 Entered into a license agreement with Lovable World Trading Co, Inc.
 (United States of 
 America) dated December 26, 1995 whereby our Company was given a
 non-transferable, non-
 assignable exclusive license to use the trademarks Lovable and
 Celebrity within the 
 territories of India, Nepal, Sikkim and Bhutan, for manufacture
 and/or distribution and/or sale 
 of all womens garments including undergarments.
 
 The name of our Company was changed from Hybo Knit Private Limited to
 Lovable Lingerie 
 Private Limited. 
 
 Commenced commercial operations by setting up a manufacturing unit in
 Bengaluru with an 
 installed capacity of 70,000 pieces per annum.  
 
 2000 
 
 Our Company entered into an agreement with Lovable World Trading Co,
 Inc. (United States 
 of America) on December 23, 2000, to acquire the ownership of the
 brands Lovable and 
 Celebrity. 
 
 2002 
 Our Company entered into a memorandum of understanding with Vanity
 Fair, Inc to acquire 
 the license for the brand Vanity Fair with effect from July 2002. 
 
 
 2004
 
 Our Company entered into a memorandum of understanding dated March
 18, 2004 with 
 Maxwell Industries Limited to acquire the brand Daisy Dee with
 effect from April 01, 2004. 
 
 2005 
 
 Our total installed capacity increased from 26 lac pieces in 2004 to
 50 lac pieces in 2005.  
 
 2006 
 Our Management approved the scheme of amalgamation with Maxwell
 Industries Limited 
 
 Our total installed capacity increased from 50 lac pieces per annum
 in 2005 to 60 lac pieces per 
 annum in 2006. 
 
 2007 
 Our Management withdrew the scheme of amalgamation with Maxwell
 Industries Limited 
 
 Our Company discontinued manufacture of products under the Vanity
 Fair brand. 
 
 2009 
 
 Our Company entered into deed of assignment dated March 17, 2009 with
 Levitus Trading 
 Limited (Hong Kong) to acquire the trademark College Style. 
 
 2010 
 
 -Our Conversion of the Company from a private limited company to a
 public limited company. 
 
 -Our Company established another manufacturing unit in Roorkee,
 Uttarakhand, which began 
 commercial operations in February 2010. 
 
 -Our Company entered into a joint venture agreement dated July 15,
 2010 with Lifestyle 
 Galleries of London Limited (UK). 
 
 -Our total installed capacity increased from 60 lac pieces per annum
 to 67.50 lac pieces per 
 annum. 
 
 
 2011
 
 - Board of Directors of the Company have recommended Dividend of Rs.
 1.5 per Equity Shares of Rs. 10/- each i.e. 15% of the face value for
 the financial year.
 
 
 2012
 
 - Board of Directors of the Company has recommended Dividend of Rs.
 2/- per Equity Shares of Rs. 10/- each i.e. 20% of the face value for
 the financial year.
 
 2013
 
 -Lovable Lingerie Ltd has recommended Dividend of Rs. 2/- per Equity
 Share of Rs.10/- each i.e. 20% of the face value for the financial
 year 2012-2013.
 
 -Lovable Lingerie Ltd has appointed Ms. Darsha Sanghvi as the Company
 Secretary cum Compliance Officer of the Company w.e.f. May 16, 2013
 
 -Lovable Lingerie Ltd appointed Mr. R. Govindarajan as the Chief
 Financial Officer of the Company w.e.f. May 28, 2013.
 
 2014
 
 -Lovable Lingerie Ltd has recommended Dividend Rs. 2.5/- per Equity
 Share of Rs. 10/- each i.e. 25% of the face value for the financial
 year 2013-2014.
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • NEWS FLASH EVE : HDFC Bank का Q2 मुनाफा अनुमान से बेहतर
  • NEWS FLASH EVE : मुनाफा `6345 Cr (`6107 Cr अनुमान था)
  • NEWS FLASH EVE : NII `13,515 Cr (`13,887.6 Cr का अनुमान था)
  • NEWS FLASH EVE : मुनाफा `5010 Cr से बढ़कर `6345 Cr (YoY)
  • NEWS FLASH EVE : ग्रॉस NPA 1.40% से घटकर 1.38% (QoQ)
  • NEWS FLASH EVE : नेट NPA 0.43% से घटकर 0.42% (QoQ)
  • NEWS FLASH EVE : प्रोविजनिंग `2614 Cr से बढ़कर `2701 Cr (QoQ)
  • NEWS FLASH EVE : मुनाफा `73.4 Cr से बढ़कर `91.4 Cr
  • NEWS FLASH EVE : NII `810 Cr से बढ़कर `980 Cr
  • NEWS FLASH EVE : ग्रॉस NPA 1.96% से बढ़कर 2.09% (QoQ)

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