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Mothercare (India) Ltd.

BSE: 523238 Sector: Others
NSE: N.A. ISIN Code: N.A.
BSE 05:30 | 01 Jan Mothercare (India) Ltd
NSE 05:30 | 01 Jan Mothercare (India) Ltd

Mothercare (India) Ltd. (MOTHERCAREINDIA) - Company History

OBJECTS & ACTIVITES: Manufacture of garments business as retailers and dealers of and in child use products and accessories of all kinds including toys infant foods childern's garments children's accessories cosmetics furniture etc.The Company was incorporated on 21st November 1986 at Bombay and obtained the Certificate of Commencement of Business on 22nd December 1986. It was promoted by shri P.L.Ahuja.The Company set up a plant at BBangalore to manufacture garments with an installed cap;acity of 20000 pieces of garments per month. Commercial production commenced in October1989.EXPANSION & DIVERSIFICATION: During 1991-92 the Company proposed to expand its operations by setting up a chain of infant stores to cater to the infant market. Also steps were taken to set up a knitwerar unit at Bangalore.COLLABORATION AGREEMENT: During 1991-92 a franchise agreement was signed with a leading West Asian Business house to set up a chain of stores in the Gulf with the first super store being set up at Dubai in 1993.During the year 1995-96 the company earned foreign exchange worth Rs 0.21 crores.