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Our Company was originally incorporated as ‘Gem Aromatics Private Limited’ as a private limited company under the Companies Act 1956 pursuant to certificate of incorporation dated October 3 1997 issued by the Registrar of Companies Maharashtra at Mumbai (“RoC”). Upon the conversion of our Company into a public limited company pursuant to a Board Resolution dated July 13 2023 and a Shareholders’ resolution dated July 14 2023 the name of our Company was changed to ‘Gem Aromatics Limited’ and a fresh certificate of incorporation dated August 17 2023 was issued by the RoC.Major Events and Milestones:1997- Inaugurated the Silvassa Facility.1999- Commencement of operations in the Silvassa Facility.2008- Executed the Company’s first export order2009- Introduced a new vertical – Clove Oil2016- Commenced production at Budaun Facility.2018- Achieved ? 1648.30 million in revenue and achieved a growth of over 100% in terms of year-on-year revenue2019- Received a strategic investment by doTERRA Enterprises Sàrl.2020- Our Material Subsidiary made its first sale of $ 202608.2021 - Received a 2-star export house status in accordance with the provisions of Foreign Trade Policy 2015 - 2020 valid for a period of 5 (five) years effective from August 3 2021 to August 3 2026 from Directorate General of Foreign Trade Ministry of Commerce and Industry.2023 - Achieved ? 4247.93 million in revenue from operations on a standalone and consolidated basis.2024 - Received a 3-star export house status in accordance with the provisions of Foreign Trade Policy 2023 valid for a period of 5 (five) years effective from December 23 2023 to March 31 2028 from Directorate General of Foreign Trade Ministry of Commerce and Industry.
Name | Position |
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Mr. Vipul Parekh | Chairman & Wholetime Director |
Mr. Yash Vipul Parekh | Managing Director & CEO |
Ms. Kaksha Vipul Parekh | WholeTime Director & CFO |
Mr. Ajay Sahai | Independent Director |
Mr. Shrenik Kishorbhai Vora | Independent Director |