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Gillette India Ltd

NSE: GILLETTE BSE: 507815

₹8342.50

(-0.32%)

Tue, 03 Mar 2026, 09:37 pm

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Company History

1984

  • The Company was Incorporated on 9th February, at Rajasthan.
  • The Company was jointly promoted by House of Poddar Enterprises and Gillette Company, U.S.A.
  • Gillette entered into a foreign collaboration agreement with HOPE for setting up of a company for the manufacture of stainless steel razor blades.

1985

  • 70 Shares were subscribed for by the signatories to the Memorandum of Association.
  • 49,99,930 shares were issued at par.
  • 12,24,930 shares were reserved and allotted to HOPE and 12,00,000 shares to Gillette Company, U.S.A.

1986

  • The Company undertook to set up a plant for the manufacture of 200 million stainless steel razor blades per annum.
  • The Company manufactured two types of blades, the premium 7 O'Clock Ejtek Super Platium and the stainless brand 7 O'Clock Ejtek Super Stainless.
  • The Company took over Sharpedge Ltd., by acquiring the entire share capital of that company.

1987

  • The Company proposed to launch a new razor blade.
  • The Company introduced new twin blade shaving system called 7 O'Clock Ejtek P II with platinum enriched edges.
  • The Company offered 18,28,476 No. of Equity shares of Rs 10 each for cash at par.

1989

  • The Company diversified into shaving preparations and launched the premium quality 7 O'Clock Ejtek shaving brush.
  • 12,02,685 shares were taken up by the shareholders.
  • The Controller of Capital gave permission to allot 12,41,800 No. of Equity shares of Rs 10 each for cash at par to Gillette Co., U.S.A.

1990

  • The Company undertook to expand substantially its production capacity of 7 O'Clock Ejtek P II, the twin blade shaving system.
  • The Company launched two new products namely 7 O'Clock Ejtek P II shaving system with a metal spine and a shave cream in three variants.

1991

  • The improved performance was attributed to the rehabilitation-cum-amalgamation Scheme approved by BIFR for amalgamation of Sharpedge Ltd., with the Company.
  • 19,31,800 No. of equity shares of Rs 10 each at a premium of Rs 110 per shares were allotted.
  • 7,00,000 No. of Equity shares were allotted at par to foreign promoters.
  • Sabre Pens Ltd., Sheen Dental Products Ltd., Klosershav Products Ltd., and Vanity Cosmetic Ltd., became wholly owned subsidiaries of the Company.

1992

  • The Company offered 10,55,600 secured zero interest fully convertible debentures of Rs 120 each for cash at par on rights basis.
  • The Company allotted 11,65,185 shares after conversion of debentures.

1993

  • The Company commenced the launch of Gillette Shaving products in India with the launch of Gillette Presto Readyshaver.

1995

  • The Company launched another Readyshaver under the Brand name of 7 O'Clock Ready II.
  • The Company launched tooth brushes under the well known international brand name Oral-B.

1996

  • The Company successfully launched 'Gillette Sensor & Sensor Excell' shaving systems.
  • The company launched 'Gillette Shave Foam'.
  • The company introduced 'Gillette Aerosol' shaving cream.

1997

  • Indian Shaving Products Ltd and Duracell India Pvt Ltd merged their respective Ltd and marketing networks.
  • Indian Shaving Products Ltd will distribute the Duracell range of batteries through its own sales and distribution network.
  • Gillette is working on a strategy to hike its equity stake in Indian Shaving Products Limited (ISPL) from 51 per cent to 74 per cent.

1998

  • The company entered the ladies personal care segment with the launch of the Gillette Sensor Excel for women.

1999

  • The company diversified its portfolio to increase its male personal products coverage.
  • The company introduced the Sensor Excel for women.
  • Indian Shaving Products Ltd tied up with Rediff-on-the-Net e-commerce to market its product.
  • Indian Shaving Products Ltd undertook a major capacity expansion plan.
  • The company launched the Gillette 'Mach-III', the three-blade razor.

2000

  • The Company approved the amalgamation of Duracell (India) Pvt. Ltd. and Wilkinson Sword India Ltd. with the company.

2001

  • The Company launched the Arctic Ince collection in India.

2002

  • Gillette India informed that the resolution regarding sale of Duracell Manesar Plant was passed.
  • Gillette India shut down its alkaline battery manufacturing plant Duracell India at Manesar.
  • Gillette USA applied to the Secretariat for Industrial Assistance/Foreign Investment Promotion Board to infuse capital grant.
  • Gillette Company invested $20 million in its Indian subsidiary, Gillette India.
  • Gillette India declared two mega promotions - Duracell cup of Joy and win Rs.5 cr.
  • Gillette India conducted a raid and identified fake toiletries worth Rs.3 lakh.
  • Gillette India entered into an agreement with Thanawala Group for sale of its Geep battery business.

2003

  • Gillette India rearranged its complete range of shaving products.
  • Gillette India awarded its creative account to Ogilvy and Mather.
  • Gillette identified the double edged blade segment as its growth market driver.
  • Gillette India repositioned its flagship blade brand.
  • Gillette India delisted its equity shares from Delhi, Jaipur and Kolkata Stock Exchanges.

2004

  • Gillette India Limited delisted its equity shares from the Delhi Stock Exchange.
  • Gillette India launched a battery-powered toothbrush, 'Cross Action Power'.
  • Gillette India launched a new generation triple blade shaving system Mach3Turbo.
  • Gillette India delisted its equity shares from the Calcutta Stock Exchange (CSE).
  • Gillette India roped in Beckham to promote its products.

2005

  • The Gillette Company, USA was acquired worldwide through merger by Procter& Gamble Company, USA.
  • Gillette India introduced a new shaving system 'Mach 3 Turbo Champion'.
  • P&G acquired Gillette India in a $57 billion deal.

2006

  • GIL moved its office base to Mumbai.
  • The trading symbol of Gillette India Limited was changed from INDSHAVING to GILLETTE.

2007

  • The Company launched Gillette Presto Plus.
  • Oral B brand launched Oral B Vision and Kid in Premium Market Segment.

2008

  • The Company launched The Gillette Winners program.
  • The Company organized an innovative program 'Free Dental Check up'.
  • Oral-B brand launched a new variant 'Shiny Clean' targeted at the value segment.

2009

  • Mr. Anil Kumar Gupta was appointed as an Additional Director of the Company.

2011

  • Mr. Deepak Acharya resigned as Company Secretary and Compliance Officer.

2012

  • There was a change in Director at Gillette India Ltd.

2013

  • Gillette recommended a dividend of Rs. 15 per Equity Share.

2014

  • Gillette recommended a dividend of Rs. 15/- per Equity Share.
  • Gillette India Ltd delivered sustained momentum.

2015

  • The registered office of the Company was changed to Andheri (E), Mumbai - 400 099.

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