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MAHAAN FOODS LTD.

20 December 2024 | 12:00

Industry >> Food Processing & Packaging

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ISIN No INE734D01010 BSE Code / NSE Code 519612 / MAHAANF Book Value (Rs.) 55.65 Face Value 10.00
Bookclosure 28/07/2023 52Week High 103 EPS 1.89 P/E 48.07
Market Cap. 31.87 Cr. 52Week Low 34 P/BV / Div Yield (%) 1.64 / 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.
Mahaan FOODS LIMITED (MFL)was incorporated as a Private United Company on 13th March, 1987 under the name and style of Himachal Milk Products Pvt. Ltd The name of the Company was changed to Mahaan FOODS PRIVATE LIMITED on and with effect from 10th May, 1994

The Company has been converted into a Public United Company under Section 31 of the Companies Act, 1956 on and with effect from 10th June, 1994, and a fresh Certificate of Incorporation has been issued by the Registrar of Companies, Punjab H.P and Chandigarh, Jalandhar, on 22nd June, 1994 for Company's new name and style of MAHAAN FOODS LIMITED.

The Company has set up a Dairy Plant for processing of Skim Milk for the manufacture of Dairy Whitener, Skimmed Milk Powder, Whole Milk Powder, Instantised Milk Powders and other milk based products, at Paonta Sahib in the State of Himachal Pradesh.

The company commenced commercial production from November 1, 1989 with an installed capacity of 3600 tonnes per annum the project at that time was appraised and financed by HPSlDC Limited in association with Himachal Pradesh Financial corporation and State Bank of Patiala. The cost of the project at that time was Rs. 121.82 lakhs. The project has not suffered any cost/time overrun till date.

SUBSlDlARY COMPANIES

The Company dees not have any Subsidiary Companies.

2000 - The Delhi-based Mahaan Group, known for Ghee and Coffee whiteners, has launched an ad campaign for Mahaan Pickles.

2013 -Mr. Youdhveer Singh Rawat has been appointed as Additional Director of the company.

2014

-Mahaan Food appoints Rajendra Kumar Dhall as Additional Director. -Rajendra Kumar DhaIl has been appointed as Additional Director of ther company. -The registered office of the Company has been shifted from Village Kunja, Rampur Road, Himachal Pradesh - 173025 To Highwinds, National Highway 22, Village Datyar, Parwanoo, Himachal Pradesh- 173220.