Emami Share price

Brief HistoryShri R. S. Agarwal and Shri R. S. Goenka who were earlier executivesin the Birla Group set up a cosmetic manufacturing unit in Kolkata in1974 under the name of Kemco Chemicals a partnership firm. Thecosmetic products as well as Ayurvedic medicines manufactured by theunit were marketed under the brand name of Emami.In 1978 Himani Ltd. (incorporated as Private Limited Company on May25 1949) a similar unit turned sick was taken over by the Group.Himani Ltd. had a well-laid out factory in Kolkata and was producingnumber of Cosmetic items. After take over the new management decidedto produce in this unit different types of health care items andtoiletries with Ayurvedic preparation.In 1994 Himani Ltd was then merged with AMP Udyog Viniyog Ltd(incorporated on March 11 1983) vide Hon'ble Calcutta High Courtorder dated February 8 1994 and its name was changed as per freshcertificate of incorporation dated May 5 1994.In 1995 Kemco Chemicals the partnership firm was converted into aPublic Ltd. Company under the name and style of Emami Ltd with effectfrom April 1 1995.In 1998 Emami Ltd was then merged with Himani Ltd. vide Hon'bleCalcutta High Court order dated July 21 1998 and its name was changedas Emami Ltd. as per fresh certificate of incorporation dated September1 1998.In 2000 with a view to concentrate on its. core FMCG business Emami'sinvestment undertaking was demergd with effect from March 31 2000through a Scheme of Arrangement sanctioned by Hon'ble Calcutta HighCourt vide its order dated September 4 2000 to Pan Emami Cosmed Ltd.As per the said scheme of arrangement. Pan Emami Cosmed Ltd issued itsfully paid up shares to shareholders of the Emami Ltd in the ratio of1:1.About the CompanyEmami has strong brand equity and is one of the leading brands in skincare health care and personal care industry. The amalgamation hasprovided synergetic linkages besides economy in costs andrationalisation of the operations.The Company is headquartered in Kolkata with a multi locationalmanufacturing presence in Kolkata Pondicherry and Guwahati. TheCompany has offices across 27 Indian cities. Emami also markets itsproducts in over 48 countries.Emami's strong brand portfolio comprises over 20 products namelyBoroplus Antiseptic Cream Navratna Oil Sona Chandi ChyawanprashMenthoplus Pain Balm Boroplus Prickly Heat Powder Fast ReliefMadhuri Range of products etc.From a modest turnover of a few lakhs of Rupees in 1978 the Companycould achieve in 25 years turnover of over Rs. 200 crores in 2003-04.Major events in the history of the Company are given below:Year Events/Milestones/Achievements 1982 Boroplus Antiseptic Cream Launched.1983 Boroplus Prickly Heat Powder Launched.1987 Mentho Plus Pain Balm Launched.1989 Navratna Oil Launched.1995 Shares of the Company Listed with Bombay Stock Exchange.1999 Sona Chandi Chyawanprash Launched.2000 A certification of ISO 9001-2000 at The Company's major factories.2000 Valuation of Company's Brand at Rs. 265 crores.2002 "Beauty Secrets by Madhuri" Range Launched.2003 ERP system installed.2003 New unit set up at Amingaon Guwahati2003 Obtained the certificate of Good Manufacturing Practices for its Pondicherry Units.2004 Issue of Bonus shares in the ratio of 1:1.