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Founded on September 15, 1947 by Mr Kasturbhai Lalbhai, a legendary Indian, to create wealth in rural
India, generate employment on a large-scale and make India self-reliant
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First private sector company of independent India inaugurated by Mr Jawaharlal Nehru, the first Prime
Minister of the country
A company that has manufactured many products for the first time in India
Enriching past
Promoter group shareholding of ~ 45%
Equity share capital of
`
30 cr, net worth of
`
2,198 cr and zero debt as on March 31, 2018
Paid uninterrupted dividend since commencement of operations in 1952 (except 1999-00)
Increasing efficiency, productivity and strengthening people and business processes
Broadening and deepening its presence in the marketplace
Serving the society, particularly in the areas of national priorities like education, empowerment and
infrastructure
Evolving present
Seeking growth through existing, downstream, related, value added and diversified product portfolio
Leveraging depth in science and technology and having integrated manufacturing
Developing and growing a retail product portfolio to participate in the full value chain
Enterprising future
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