The Mudra GroupThe Mudra Group started operations in 1986. We have facilities for manufacture of fabrics and garments processing design development sampling etc. The Mudra group is promoted by Mr. Murarilal B Agrawal Mr. Ravindra B Agarwal and Mr. Vishwambharlal K Bhoot.The CompanyOur Company was incorporated as Bombay Fine Fabrics Private Limited on March 31 1997. Subsequently name of the company was changed to Mudra Textiles Private Limited w.e.f. October 10 2001. On December 1 2005 our Company was converted into a public limited company. Name of the company was further changed to Mudra Lifestyle Limited w.e.f. December 2 2005. In October 2004 with a view to consolidate business of our Group East Coast Polytex a Partnership Firm in the Group engaged in the business of weaving and two other Partnership Firms viz Mudra Exports (India) and Mudra Impex engaged in the business of Garmenting were taken over by our company. Further w.e.f April 01 2005 Picanova Fabrics Private Limited Mudra Synthetics Private Limited and Venus Processors Private Limited were amalgamated with our Company.Consolidation of Our BusinessThe Mudra Group started its operations in 1986. Subsequently other companies were incorporated and partnership firms were formed within the Group to carry on various aspects of the business like manufacture of fabric sale of fabric in domestic and overseas markets and manufacture and sale of garments. The following table gives a summary of our Group:Sr.No. Name Date of Incorporation/formation Nature of Business1 Olive Tex Silk Mills December 23 1986 Manufacture of Fabrics2 East Coast Polytex February 28 1993 Manufacture of Fabrics3 Mudra Exports (India) April 04 1997 Manufacture of Garments & Fabrics4 Mudra Synthetics Pvt Ltd September 24 1997 Manufacture of Fabrics5 Mudra Lifestyle Limited March 31 1997 Manufacture of Fabrics6 Picanova Fabrics Pvt Ltd April 23 1998 Manufacture of Fabrics7 Olive Silk Mills Pvt Ltd March 15 2000 Manufacture of Fabrics8 Venus Processors P Ltd April 30 1992* Processing Dyeing And Printing.9 Mudra Impex April 3 2001 Manufacture of Garments & Fabrics10 Western India (Impex) August 18 2001 Export of Fabrics* Venus Processors Private Limited was bought by our promoters on January 29 2001Key Events in the History of the Mudra GroupYear Key Events1986 The Group commenced the business of woven fabric1993 East Coast Polytex was formed to start manufacturing facilities for woven fabric at Daman1997 .. Mudra Exports (India) was formed to export woven fabric and garment. .. Mudra Lifestyle Limited was incorporated for undertaking business of woven fabrics. .. Mudra Synthetics Private Limited was incorporated for undertaking business of woven fabrics at Sonale in Thane District.1998 Picanova Fabrics Private Limited was incorporated for undertaking business of woven fabrics at Sonale in Thane District.2001 .. Mudra Impex was formed to start manufacturing facilities for garment at Daman and export the same. .. Acquisition of Venus Processors Private Limited engaged in Processing printing and dyeing.2004 .. Takeover of partnership firms by Mudra Lifestyle Limited .. Start of Garmenting Unit at Bangalore.2005 Awarded contract to Gherzi Eastern Limited for technical appraisal of the Expansion Project2006 .. Consolidation of group companies .. Company sales cross Rs. 100 Crores
Name | Position |
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Mr. Dong Ju Kim | Chairman & Managing Director |
Mrs. Elizabeth Ravi | Independent Director |
Mr. Guy Deuk Yeon | Ind. Non-Executive Director |