Dodla Dairy Share price

The Company was incorporated as Dodla Dairy Limited on May 15 1995 at Hyderabad Andhra Pradesh as a public limited company under the Companies Act 1956. the Company commenced business on May 23 1995. the Company has not changed its name since incorporation. The Company had historically in various public documents such as annual reports and secretarial filings name d Dodla Sunil Reddy Dodla Sesha Reddy Dodla Subba Reddy Dodla Girija Reddy Dodla Deepa Reddy and D. Padmavathamma as the promoters. Pursuant to a resolution of the Board in its meeting held on July 13 2018 Dodla Subba Reddy Dodla Girija Reddy Dodla Deepa Reddy and D. Padmavathamma were declassified as promoters of the Company and reclassified as promoter group and it was resolved that Dodla Sunil Reddy Dodla Sesha Reddy and Dodla Family Trust will be the Promoters of the Company.Major events and milestones of the Company :2019- Acquired the Batlagundu and Vedaasandur in Tamil Nadu processing plants pursuant to a business transfer agreement dated February 8 2019 with KC Dairy Products Private Limited and its shareholder Chellamuthu Sureshkumar- Commenced operations in Rajahmundry processing plant in Andhra Pradesh- OPL acquired a cattlefeed mix plant business from Bharathi Feed Mixing Plant pursuant to a business transfer agreement dated September 6 20192017- Commenced production in Hyderabad plant in Telangana- Acquired land for the processing plant in Rajahmundry in Andhra Pradesh2016- Commenced production in Palacode plant in Tamil Nadu2014- Commenced production in Indragi plants in Karnataka- Acquired Lakeside Dairy Uganda and commenced operations- Established large scale farm in Pulivendula in Andhra Pradesh under GVC2013- Commenced production in Kurnool plant in Andhra Pradesh2011- Commenced production in Tanuku plant in Andhra Pradesh- Commenced production in Tumkur plant in Karnataka2009- Implemented Microsoft Dynamic ERP across the Company- Established milk powder plant and SMP plant at Nellore in Tamil Nadu2007- Commenced production in Badvel plant in Andhra Pradesh- Commenced production in Sattenapally plant in Andhra Pradesh2004- Commenced production in Palamaner plant in Andhra Pradesh2001- Commenced production in Penumuru plant in Andhra Pradesh1997-Commenced production in Nellore plant in Andhra Pradesh Awards accreditations and recognitions received by the Company :2018- Awarded CII Outstanding Performance for best practices in cold storage in large segment- Awarded the HMTV Business Excellence award for the best agri/food processing company2015- Awarded the TV5 Business Leader award in the food processing (medium) category