MANOJ VAIBHAV GEM N JEW L Share price

The Company was incorporated as a private limited company under the provisions of the Companies Act 1956 on March 13 1989 at Hyderabad Andhra Pradesh as “Hotel Anant Private Limited”. the jewellery business was started by the founder Late Mr. Manoj Kumar Grandhi in a showroom at Visakhapatnam in the year 1994 in the form of a proprietorship concern through Manoj Kumar Grandhi (HUF). Subsequently pursuant to the Memorandum of Understanding dated August 29 2001 64500 equity shares comprising of the 100% shareholding of Hotel Anant Private Limited were acquired by Manoj Kumar Grandhi (HUF) (38700 Equity shares) and Bharata Mallika Ratna Kumari Grandhi (25800 Equity shares) respectively. The name ofCompany was changed to Hotel Anant Limited vide Certificate of incorporation dated Marc h 9 1998 issued by the Registrar of Companies Andhra Pradesh on account of the Company becoming a deemed public company. The name of Company was changed to Hotel Anant Private Limited vide Certificate of incorporation dated September 13 2002 issued by the Registrar of Companies Andhra Pradesh to the Company regaining its status as a private limited company. The name of the Company was subsequently changed to “Vaibhav Empire Private Limited” and a fresh certificate of incorporation was issued by the Registrar of Companies Andhra Pradesh on June 11 2003. The name of the Company was again changed to “Manoj Vaibhav Gems 'N' Jewellers Private Limited” and a fresh certificate of incorporation was issued by the Registrar of Companies Telangana on July 4 2016. Thereafter pursuant to a special resolution passed by the shareholders on April 30 2022 the Company was converted to a public limited company and the name was changed to “Manoj Vaibhav Gems 'N' Jewellers Limited”. A fresh certificate of incorporation consequent to change of name was issued by the Registrar of Companies Andhra Pradesh (“RoC”) on May 13 2022.Major events and milestones :2001-02- Acquisition of Hotel Anant Private Limited2004-05- Acquisition of the proprietary jewellery business of Manoj Kumar Grandhi (HUF) by the Company2006-07- Obtained ISO 9001:2000 for Quality Management AQA International LLC- The revenue from operations touched the milestone of 1000 million2007-08- Opening of the Company’s flagship store at “V Square” Visakhapatnam Andhra Pradesh2008-09- The revenue from operations touched the milestone of 2000 million2010-11- The revenue from operations touched the milestone of 3000 million- Obtaining the Quality Management System – ISO 9001:2008 from AQA International LLC2011-12- The revenue from operations touched the milestone of 5000 million and 10000 million2014-15- Opening of Jewellery Showroom at Kakinada Andhra Pradesh- Opening of Jewellery Showroom at Gajuwaka Visakhapatnam Andhra Pradesh2015-16- Opening of Jewellery Showroom at Rajamahendravaram Andhra Pradesh- Opening of Jewellery Showroom at Parvathipuram Andhra Pradesh2016-17- Opening of Jewellery Showroom at Bobbili Andhra Pradesh- Opening of Jewellery Showroom at Anakapalle Andhra Pradesh- Obtaining the Quality Management System – ISO 9001:2015 from BSI- Opening of Jewellery Showroom at Dilsukhnagar Hyderabad Telangana- Opening of Jewellery Showroom at A.S. Rao Nagar Hyderabad Telangana2018-19- Opening of Jewellery Showroom at Gopalapatnam Visakhapatnam Andhra Pradesh- Launch of the “VISESHA” brand by the Company- Opening of Franchisee Store at Srikakulam Andhra Pradesh- Expansion of the jewellery business of the Company through e-commerce platform2020-21- Opening of Franchisee Store at Vizianagaram Andhra Pradesh2021-22- The revenue from operations touched the milestone of 15000 million2022-23- Opening of New showroom at Tuni Andhra Pradesh- Conversion of Company from private limited to public limited