The Company was incorporated as ?PL Chemicals Limited? a public limited company under the Companies Act 1956 pursuant to Certificate of Incorporation dated June 8 1984 issued by the Registrar of Companies Pondicherry. The Company was converted into a private limited company and the name of our Company was changed to ?PL Chemicals Private Limited? under section 31 of the Companies Act 1956 vide amendment to the Certificate of Incorporation dated September 25 1997 issued by the Registrar of Companies Pondicherry. The name of the Company was changed to ?Carewell Industries Private Limited? pursuant to fresh certificate of incorporation consequent upon change of name dated October 11 2012 issued by the Registrar of Companies Pondicherry. The Company was converted into a public limited company under the Companies Act and the name of the Company was changed to ?Carewell Industries Limited? pursuant to fresh certificate of incorporation consequent upon change of name on conversion to public limited company dated May 9 2013issued by the Registrar of Companies Pondicherry. The promoters are Mrs. R. Rathinamala and Saraa Mediaworks Private Limited. The Company was originally promoted by VG Bhaskaran Nair C. Sankara Menon S Muthu Krishnan RV Narsimhan MS Subramanian K. Hari and Thomas Chandy. The current promoters Mrs. R. Rathinamala and Saraa Mediaworks Private Limited became promoters of the Company in February 2012 by way of preferential allotment and tookover the management and business of the Company. Carewell Industries Limited (formerly PL Chemicals Private Limited) is engaged in marketing the mosquito repellent coils under the brand 'ROOSTER'. We operate in Household Insecticide Industry. The brand name 'ROOSTER' is owned by the Company through its wholly owned subsidiary CKM Homecare Solutions Private Limited. We are also engaged in the marketing of incense sticks (agarbattis) in the brand name 'Deo' and 'Samraj'.Amendments to the MoA of the Company since Incorporation:June 10 1985 - Increased authorised capital from Rs. 490000 consisting of 49000 Equity shares of Rs.10 each to Rs.990000 consisting of 99000 Equity shares of Rs.10 each.February 7 2012 - Increased authorised capital from Rs. 990000 consisting of 99000 Equity shares of Rs.10 each to Rs.14990000 consisting of 1499000 Equity shares of Rs.10 each.February 19 2013- Increased authorised capital from Rs.14990000 consisting of 1499000 Equity shares of Rs.10 each to Rs.15000000 consisting of 1500000 Equity shares of Rs. 10 each due to conversion of 15% Redeemable Cumulative Preference Shares into Equity Capital.February 19 2013- Increased authorised capital from Rs. 15000000 consisting of 1500000 Equity shares of Rs.10 each to Rs. 40000000 consisting of 4000000 Equity shares of Rs. 10 each.March 12 2014 - Increased authorised capital from Rs.40000000 consisting of 4000000 Equity shares of ` 10 each to Rs. 80000000 consisting of 8000000 Equity shares of Rs.10 each.Key Events and Milestones:1984-85 - Incorporation2011-2012 - Change in Management2011-2012 - Acquired the Brand 'ROOSTER' through our wholly owned subsidiary. CKM Homecare Solutions Private Limited2012-2013 -Change in Focus to Marketing and Branding2013-2014 - Entered into an agreement with third party manufacturers for manufacturing the mosquito repellent coils and these manufacturers are also manufacturing incense sticks for us.
Name | Position |
---|---|
Mr. Baskaran Sathya Prakash | Managing Director |
Mr. Sadasivam Anbazhagan | Non Executive Director |
Mr. Kannabiran Navakumar | Independent Director |
Mr. Narsingh Balwanth Singh | Executive Director |
Mr. Manu Padmanabhan Nair | Independent Director |