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Lotus Chocolate Company Ltd logo

Lotus Chocolate Company Ltd

NSE: BSE: 523475

₹667

(0.85%)

Sat, 18 Jul 2026, 10:16 pm

Company History

1988

  • The Company was incorporated on 3rd October.
  • The Company was promoted by Smt. T. Sarada, Vijayaraghavan Nambiar, and Andhra Pradesh Industrial Development Corporation, Ltd.
  • The Company undertook to set up facilities for cocoa processing and chocolate manufacturing with a capacity of 3000 TPA.
  • The Company entered into a technical arrangement with Chocolate Confectionery Consultancy, U.K.
  • The Company retained the services of Plantek (M) SDN BHD of Malaysia for consultancy services.

1989

  • The Company obtained the Certificate for Commencement of Business on 10th February.

1991

  • The Company allotted 80,000 non-convertible debentures and 30,000 non-convertible debentures to SBI Mutual Fund and Canbank Mutual Fund respectively.
  • 18,00,000 shares were allotted for cash at par.
  • 22,00,000 equity shares were issued at par, with 2,00,000 shares reserved for employees and the balance offered to the public.

1992

  • 30,70,000 equity shares were allotted to Sunshine Allied Investment Ltd., Singapore.

1994

  • 17,17,756 shares were allotted to foreign collaborators at a premium of Rs. 2 per share.

1995

  • The Company launched six new products in the consumer range.
  • The Company expanded its distribution network to Kerala, Goa, and Maharashtra.
  • The Company entered into a selling arrangement with Cocospecs of Malaysia for export of cocoa derivatives and bulk chocolate.
  • The Company entered into a sub-contract conversion agreement with Britannia Industries Ltd. for manufacturing chocolate products.
  • 37,55,108 equity shares were issued on a rights basis to foreign collaborators.

2001

  • The Company launched three new products: Maltese, Fun and Magic.

2014

  • The Company appointed Shri. Bharathan RajaGopalan Thatal as Additional Director.
  • The Company appointed Shri Rabindranath Jarugumilli as Additional Director.

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