ASSIGNMENT a couple of (Group Assignment) (15%) Teaching: Answer ONE PARTICULAR (1) Problem Only. 1 ) The decision of the House of Lords in Salomon…...Read
To be able to support the aggressive development plans & restructuring endeavours, a large number of specialists have been added to Pidilite talent pool within the last few years.
Global facts on Pidilite
Positions 131st among India's Top rated 500 detailed companies, which includes those in the private and public sector (ET 500, published by EconomicTimes in March 2007)
Over two-third of the Industry’s sales originates from products and portions it has started in India.
Market leader in all sections of adhesives and sealants in India for over 3 decades.
Fevicol is definitely the largest Adhesives brand in Asia.
Fevicol ranked twenty fourth among the Top one hundred and fifty brands in India (Most Trusted Brands Survey The Economic Occasions, May 35, 2007).
Advertising for Fevicol consistently benefits awards at both the countrywide and foreign level.
Industry leader in the retail section of the building chemicals organization in India. Extensive division network вЂ“ over 2, 000 suppliers servicing four, 00, 500 dealers and retailers in every parts of India.
Manufacturing plants in India, UNITED STATES, Brazil, Thailand, Singapore and Dubai.
Good overseas existence with Branches and Subsidiaries in 15 countries and manufacturing plants in 6 countries.
Growing export products, with very good presence inside the SAARC area and Central East.
TRATO has been constantly above 20% for the last 10 years.
About Pidilite Industries Ltd.
Pidilite Companies Limited has been a pioneer in consumer and specialties chemical substances India. Over two-third of the company's sale come from companies segments it includes pioneered in India. Their product range involves Adhesives and Sealants, Construction and Fresh paint Chemicals, Automotive Chemicals, Artwork Materials, Professional Adhesives, Professional and Fabric Resins and Organic Tones and Formulations. Most of the services happen to be developed through strong in one facility R& D. Pidilite is also growing their international presence through purchases and setting up manufacturing facilities and sales offices in important parts around the world. Fevicol is now the biggest selling glues brand in Asia.
1969: The business was incorporated as a non-public limited business on 28th July as of Parekh Dychem Sectors Pvt. Ltd., to acquire and take over on the going concern the business continued by a partnership firm M/s. Parekh Dychem Industries proven in 1961 and having a manufacturer in Mumbai. The Company was promoted by Balvantray Kalyanji Parekh along with his brothers. The rand name names will be being Fevicol, Fevibond, Fevigum, Pidifix, Pidivyl, Pidicryl, Acrolise, etc .
The business undertook to build synthetic botanical project which has a capacity botanical project with a capacity of 3000 TPA at Mahad Industrial location in Raigad district, Maharashtra. Also undertook to set up a constructions chemicals project by Taloja professional area, Taloja, Maharashtra.
1984: Three other companies in the same group viz., Kodivita Pvt. Ltd., erstwhile Pidilite Industries Ltd., and Triveni Chemical compounds Ltd. Had been amalgamated with all the Company effective 1st This summer, 1st The spring 1989 and 1st The spring 1992 respectively.
Effective very first July, Kondivita Pvt. Ltd. amalgamated with the Company after necessary approvals. The investors of erstwhile Kondivita Pvt. Ltd., were allotted forty one, 000-15% preference share of Rs 15 each and 19, five-hundred shares of Rs twelve each.
54, 000 We and 2 Pref. - 4% stocks allotted to promoters. 26, 000 No . of equity shares designated to promoters originally: 21, 000 Legal rights shares granted in brace. 1: 1 in 1980, 52, 500 bonus stocks issued in proportion 1: one particular in 81.
1985: My spouse and i & II Pref. 4% shares redeemed. 12% redeemable shares upgraded to 15%. 19, 500 No . of equity stocks and forty one, 000-15% Pref. shares allottee to Kondivita Pvt. Ltd. on combination. 54, 000-15% Pref. stocks and shares allotted to promoters & in lieu of first and second 4% Pref. shares.
1986: The Name of the Firm was changed to PDI chemicals private limited on initial July, after which to PDI...