Flair Writing Industries Share price

The business of the Company was originally carried on as a partnership firm under the name of ‘M/s Flair Writing Instruments’ (the “Partnership”) pursuant to a deed of partnership dated January 6 1986 (the partnership business was deemed to have commenced from January 1 1986) as amended and supplemented from time to time among Mr. Khubilal Jugraj Rathod Mr. Vimalchand Jugraj Rathod Mrs. Nirmala Khubilal Rathod Mrs. Manjula Vimalchand Rathod Mr. Rajesh Khubilal Rathod Mr. Mohit Khubilal Rathod Mr. Sumit Rathod Mrs. Sangita Rajesh Rathod Mrs. Shalini Mohit Rathod and Mrs. Sonal Sumit Rathod as partners (collectively the “Partners”).Pursuant to a unanimous resolution among the Partners dated June 11 2016 M/s. Flair Writing Instruments was converted into a private limited company under Chapter XXI of the Companies Act 2013. Pursuant to such conversion our Company was incorporated on August 12 2016 as ‘Flair Writing Industries Private Limited’ a private limited company under the Companies Act 2013 and Equity Shares were issued to the Partners in lieu of the capital in the Partnership.Subsequently pursuant to a scheme of amalgamation under Sections 230 to 232 of the Companies Act 2013 approved by the NCLT Mumbai Bench by an order dated March 15 2018 certain companies (i.e. FPPIPL FSPL FPSIPL FPP(UK)PL and FIIPL) were merged with and into our Company. For details see “—Details regarding Material Acquisitions or Divestments of Business/ Undertakings Mergers Amalgamation any Revaluation of Assets etc. in the last 10 Years” below on page 200.Our Company was subsequently converted into a public limited company consequent to which the name of our Company was changed to ‘Flair Writing Industries Limited’ and a fresh certificate of incorporation dated May 30 2018 was issued by the RoC.Major Events:1976-“Flair” brand was registered as a trademark (word)1998-We commenced production at one of our manufacturing units in Daman2005-Our manufacturing unit Daman Unit-II was set up in Daman2008-Introduced “Flair Calculators”2009-Our manufacturing plant Dehradun Unit–I was set up in Dehradun Uttarakhand2011-Our manufacturing plant Dehradun Unit–II was set up in Dehradun Uttarakhand2012-We started offering “Pierre Cardin” writing products2014-NPPI(1) acquired certain trademarks of the “Hauser” brand2015-Our manufacturing unit Naigaon Unit-I was set up in Naigaon Maharashtra2016-Our Company was incorporated upon conversion of M/s. Flair Writing Instruments-Our manufacturing unit Daman Unit-IV was set up in Daman2018-A scheme of arrangement under Section 230 to 232 of the Companies Act 2013 was approved by the NCLT Mumbai Bench pursuant to which the Transferor Companies merged with and into our Company(2)-Our Company was converted into a public limited company-Our Company entered into a deed of assignment with Flair Pens Limited (a member of the Promoter Group and a Group Company) for the assignment of certain trademarks relating to the “Pierre Cardin” brand-Our manufacturing plant Valsad Building-II was set up in Valsad Gujarat2019-“FLAIR CREATIVE” brand was registered as a trademark (word)-“Flair Writing Equipments Private Limited” was incorporated as a subsidiary of our Company-Our manufacturing plant Valsad Building-III was set up in Valsad Gujarat2020-“HAUSER ARTZ” brand was registered as a trademark (word)2021-“Flair Creative” range of products was launched2022-“ZOOX” brand was registered as a trademark (word)-Acquired shares of “Flair Cyrosil Industries Private Limited” and it became one of our subsidiaries-Our manufacturing plant Valsad Building-IV was set up in Valsad Gujarat2023-The overall installed capacity of writing instruments reached 2.02 billion pieces per annum which increased from 1.29 billion pieces in 2018-Our manufacturing plant Daman Agarwal Unit was set up in Daman Dadra and Nagar Haveli and Daman and Diu-A scheme of arrangement under Section 230 to 232 of the Companies Act 2013 was approved by the NCLT Mumbai Bench pursuant to which FDPL merged with our Company(2)