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Kothari Products Ltd logo

Kothari Products Ltd

NSE: KOTHARIPRO BSE: 530299

₹63.86

(0.74%)

Fri, 27 Mar 2026, 05:10 am

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Company History

1973

  • The company was launched through a partnership firm on 18th August.

1983

  • The Company was incorporated on 17th September.
  • The company became a public limited company on 17th November.
  • The company engaged in the manufacturing and marketing of Pan Masala and Gutka under the brand name Pan Parag.

1985

  • The company pioneered the concept of low-priced pouch packaging of pan masala.

1988

  • The company entered into a franchise agreement with Kothari Pouches Ltd to manufacture and market Pan Masala under the brand name Pan Parag.

1995

  • The company offered for sale 1250000 equity shares of Rs 10 each at a price of Rs 200 per share.

1996

  • The Company launched Pan Parag Gold by setting up a new manufacturing facility at Baroda.
  • 3 equity shares were subscribed for by signatories to the Memorandum of Association.
  • 19997 equity shares of Rs 100 each were allotted to promoters.
  • 480000 equity shares were allotted as bonus shares.

1997

  • The company launched the lamination project with an installed capacity of 1000 tpa of three-ply laminates.
  • Commercial production commenced on 28th March.
  • The company launched Pan Masala Gold and Gutka.

1998

  • Kothari Products posted a 41% rise in net profit to Rs 25.08 crore.
  • The company had an extremely small equity base of Rs 5 crore.

1999

  • Kothari Products Ltd diversified into the entertainment industry by setting up a multiplex complex at Kanpur.

2002

  • Dr Avinash Gupta resigned as Whole Time Director of the company.
  • The Board appointed a consultant to advise on the best possible option for the company and its shareholders.
  • The manufacturing and selling of Pan Masala and Gutkha were banned in the states of UP and Maharashtra.
  • The Kanpur unit of the company was closed.

2003

  • The High Courts of Delhi, Ahmedabad, and Allahabad approved the Scheme of Amalgamation of Kothari Pouches Ltd and Kothari Beverages Pvt Ltd with the company.
  • The captive consumption unit of the company at Ahmedabad was closed.
  • The company approved the allotment of 1631971 equity shares to the shareholders of Kothari Pouches Ltd and Kothari Beverages Pvt Ltd.

2004

  • Kothari Products recommended a dividend of 120%.

2005

  • Sri Vikas Chaturvedi was appointed as a Director of the Company.

2006

  • Kothari Products recommended a dividend of 100%.

2007

  • Kothari Products recommended a dividend of 90%.

2008

  • Kothari Products formed a new company in Singapore, Kothari Products Singapore Pvt Ltd, as its 100% subsidiary.

2009

  • Kothari Products recommended a dividend of 100%.

2010

  • Kothari Products recommended a dividend of 200%.

2011

  • Kothari Products recommended a dividend of 220%.

2012

  • Kothari Products recommended a dividend of 150%.

2013

  • The company recommended a dividend of 200%.

2014

  • The Company recommended the issue of bonus shares in the ratio of 2:1.
  • The Company recommended a dividend of 60%.

2015

  • The Company allotted bonus shares to its shareholders in the ratio of 1:2.

2024

  • The Company Board of Directors approved a bonus at the ratio of 30000000:31500000.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800