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DODLA DAIRY LTD.

20 December 2024 | 12:00

Industry >> Milk & Milk Products

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ISIN No INE021O01019 BSE Code / NSE Code 543306 / DODLA Book Value (Rs.) 188.92 Face Value 10.00
Bookclosure 31/10/2024 52Week High 1346 EPS 27.64 P/E 45.11
Market Cap. 7520.77 Cr. 52Week Low 791 P/BV / Div Yield (%) 6.60 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was incorporated as Dodla Dairy Limited on May 15, 1995 at Hyderabad, Andhra Pradesh as a public limited company under the Companies Act, 1956. the Company commenced business on May 23, 1995. the Company has not changed its name since incorporation. The Company had historically, in various public documents such as annual reports and secretarial filings, name d Dodla Sunil Reddy, Dodla Sesha Reddy, Dodla Subba Reddy, Dodla Girija Reddy, Dodla Deepa Reddy and D. Padmavathamma as the promoters. Pursuant to a resolution of the Board in its meeting held on July 13, 2018, Dodla Subba Reddy, Dodla Girija Reddy, Dodla Deepa Reddy and D. Padmavathamma were declassified as promoters of the Company and reclassified as promoter group and it was resolved that Dodla Sunil Reddy, Dodla Sesha Reddy and Dodla Family Trust will be the Promoters of the Company.

Major events and milestones:

1997
-Commenced production in Nellore plant in Andhra Pradesh

2001
- Commenced production in Penumuru plant in Andhra Pradesh

2004
- Commenced production in Palamaner plant in Andhra Pradesh

2007
- Commenced production in Badvel plant in Andhra Pradesh
- Commenced production in Sattenapally plant in Andhra Pradesh

2009
- Implemented Microsoft Dynamic ERP across the Company
- Established milk powder plant and SMP plant at Nellore in Tamil Nadu

2011
- Commenced production in Tanuku plant in Andhra Pradesh
- Commenced production in Tumkur plant in Karnataka

2013
- Commenced production in Kurnool plant in Andhra Pradesh

2014
- Commenced production in Indragi plants in Karnataka
- Acquired Lakeside Dairy, Uganda and commenced operations
- Established large scale farm in Pulivendula in Andhra Pradesh under GVC

2016
- Commenced production in Palacode plant in Tamil Nadu

2017
- Commenced production in Hyderabad plant in Telangana
- Acquired land for the processing plant in Rajahmundry in Andhra Pradesh

2019
- Acquired the Batlagundu and Vedaasandur in Tamil Nadu processing plants pursuant to a business transfer agreement dated February 8, 2019 with KC Dairy Products Private Limited and its shareholder, Chellamuthu Sureshkumar
- Commenced operations in Rajahmundry processing plant in Andhra Pradesh
- OPL acquired a cattlefeed mix plant business from Bharathi Feed Mixing Plant pursuant to a business transfer agreement dated September 6, 2019

2022 - Dodla Dairy has executed a Business Transfer Agreement (Agreement) with Sri Krishna Milks for acquisition of Business as a going concern and on a slump Purchase basis for consideration of Rs 50 crore.

2023 -Company has received 'National Safety Council of India Safety Awards - 2022'