MRS BECTORS FOOD SPE Share price

The Company was incorporated as Quaker Cremica Foods Private Limited on September 15 1995 as a private limited company under the Companies Act 1956 pursuant to a certificate of incorporation dated September 15 1995 issued by the Registrar of Companies N.C.T of Delhi and Haryana. Pursuant to the termination of a joint venture agreement the name of the Company was changed to Mrs. Bectors Food Specialities Private Limited as approved by the shareholders by way of a resolution dated December 10 1999 and a fresh certificate of incorporation dated December 15 1999 was issued by the Registrar of Companies N.C.T of Delhi and Haryana. Pursuant to the conversion of the Company to a public limited company as approved by way of a shareholders resolution dated December 7 2001 the name of the Company was changed to Mrs. Bectors Food Specialities Limited and a fresh certificate of incorporation dated December 10 2001 was issued by the Registrar of Companies N.C.T of Delhi and Haryana.Major events and milestones :2006- Entered into a business transfer agreement dated October 11 2006 with CAFL wherein the business in relation to manufacturing of food products such as biscuits buns and namkeen etc. of CAFL was transferred to the Company on slump sale basis.- Investment of Rs. 750.00 million by Jade Dragon (Mauritius) Limited through subscription of Series A Preference Shares and Series B Preference Shares of the Company by way of a share subscription agreement2007- Commenced supply of buns to Hardcastle Restaurants Private Limited which operates multiple restaurants in West and South geographies in India2010- Entered into an agreement with Cadbury India Limited for the manufacture of biscuits- Series A Preference Shares and Series B Preference Shares of the Company held by Jade Dragon (Mauritius) Limited were transferred to IL&FS Trust Company Limited and India Business Excellence Fund-I2013- Commissioned operations through the Khopoli Manufacturing Facility for production and supply of buns to Hardcastle Restaurants Private Limited2014- Commenced the bun operations at the Bengaluru Manufacturing Facility for production and supply of buns to Hardcastle Restaurants Private Limited2015- Linus Mabel GW Confectionary and GW Crown acquired stake in the Company2017- Capacity expansion of bun line by installation of bakery machinery and equipment at the Greater Noida Manufacturing Facility2018- Introduction of new bread line by installation of bakery machinery and equipment establishment at the Greater Noida Manufacturing Facility- Established new production line for breads at the Bengaluru Manufacturing Facility- Commenced operations at the Rajpura Manufacturing FacilityKey awards accreditations and recognition :2010- The Company received the Apeda Export Award for Outstanding Export Performance and Contribution in the Processed Foods Sector2016- The Company received Food Safety System Certification 22000 from UK AS Management Systems for manufacturing (pre-mixing mixing moulding baking cooling sandwiching) of biscuits and cookies for a period of three years from March 10 20162018- The Company received the Award of Honthe by Income Tax Department Ludhiana2019- The Company received the Award for Best Brand for 2018-2019 by The Economic Times- The Company received the Award for Excellence in Partnership by KFC- The Company received Food Safety System Certification 22000 from UK AS Management Systems for manufacturing of biscuits2020- The Company received a renewal for Food Safety System Certification 22000 from UK AS Management Systems for manufacturing (pre-mixing mixing moulding baking cooling sandwiching) of biscuits and cookies- The Company received Food Safety System Certification 22000 from UK AS Management Systems for manufacturing of Fresh and Frozen (Bread Pizza base & Bun)