LAXMI DENTAL Share price

Our Company was incorporated as ‘Laxmi Dental Export Private Limited’ as a private limited company under the Companies Act 1956 pursuant to a certificate of incorporation dated July 8 2004 issued by the Assistant Registrar of Companies Maharashtra at Mumbai. Pursuant to a special resolution passed in the extra-ordinary general meeting of our Shareholders held on June 18 2024 the name of our Company was changed to ‘Laxmi Dental Private Limited’ and a fresh certificate of incorporation was issued to our Company by the RoC on July 24 2024 and our Company was converted into a public limited company. Consequently the name of our Company was further changed to ‘Laxmi Dental Limited’ and a fresh certificate of incorporation dated August 02 2024 was issued by the RoC.Major Events and Milestones:2004• Incorporation of our Company on July 8 2004 with a focus on exports dental business;• Our Company received its first Export Oriented Unit certificate.• Our Company received the US Food and Drug Administration (“FDA”) registration for approval for products manufactured by us.2011• Our Company moved to a bigger manufacturing facility at Kandivali Co-operative Industrial Estate Limited Mumbai spread across 5700 square feet.2012• Our Company incorporated its foreign Subsidiary Laxmi Dental Lab USA Inc2015• Our Company got its first ISO 13485:2016 certification to certify the quality management system of medical devices.2016• Our division Illusion Dental Laboratory moved to an expanded manufacturing facility at Mira road Mumbai having a built-up area of 18325.4 square feet.2019• Established our division Vedia Solutions on February 1 2019 a product manufacturing company for producing taglus thermoforming sheets 3D printing resins thermoforming machines & aligner accessories.2020• Expanded Laxmi Exports Laboratory facility to a larger scale with the vision of women empowerment in the rural area hiring tribal community females at Boisar Chillar Highway Palghar having a built-up area of 45950 square feet.2021• Incorporated our Subsidiary Bizdent Devices Private Limited to have a focused approach towards capturing Indian aligner market share.• Our Company acquired 60% stake in Jointly Controlled Entity Kids-E-Dental LLP for engaging in business of dental services and products in the paediatric division.• Our Company has received the US FDA 510K clearance for aligners manufactured by our brand Illusion Aligners.• Launched and actress as the brand ambassador for our brand Illusion Aligner.• Our division Vedia Solution got its first ISO 13485:2016 certification to certify the quality management system of medical devices.2022• Our division Vedia Solutions received the US FDA registration for approval for products manufactured repackaged and relabelled by us.2023• Launched an actress as the brand ambassador for Illusion Zirconia a product of our division Illusion Dental Laboratory.• Our Subsidiary Bizdent Devices Private Limited got its first ISO 13485:2016 certification to certify the quality management system of medical devices.• Our Subsidiary Bizdent Devices Private Limited received its Medical Devices Manufacturing License (“MDR”) license.• Our Company received its MDR license.• Our Jointly Controlled Entity Kids-E-Dental LLP received its MDR license.• Our division Vedia Solutions received its MDR license.• Our Jointly Controlled Entity Kids-E-Dental LLP successfully got registered with US FDA.• Our division Vedia Solutions got its ISO 9001:2015 certification to certify the quality management system of medical devices.• Our division Vedia Solutions got its ISO 45001:2018 certification to certify the quality management system of medical devices.• Our division Vedia Solutions received a certificate of compliance for taglus thermoformable sheets & 3d printing resins.• Our Jointly Controlled Entity Kids-E-Dental LLP obtained the US FDA 510(k) clearance for its e-SDF product.2024• Our division Illusion Dental Laboratory received its MDR license.• More than 200 Intraoral Scanners were deployed by our Company in Indian market to promote digital dentistry.• Our division Vedia Solutions received certificate of compliance for taglus thermoforming machines.