The Company was incorporated as a Private Ltd. company on 04/03/1999
 under 
 the name and style of Avon Weighing Systems Pvt. Ltd. with Registrar
 of Companies, 
 Maharashtra, Mumbai. The main objects of the Company in brief were to
 
 
 1) to acquire the business of Avon Enterprises and 
 
 2) to carry on the business of manufacturing, assembling all kinds of
 weighing 
 instruments etc.
 
 Avon Enterprises, a partnership firm was promoted by a young,
 first-generation 
 entrepreneur, Mr. Pankaj Saraiya, in the year of 1995. During its
 first year of operations 
 Avon Enterprises was engaged in the dealership of Sartorius (Germany)
 range of 
 weighing balances mainly used in Diamond industries. Sartorius is one
 of the largest 
 manufacturers of various kind of electronic weighing balances/systems
 in the world.  
 In the beginning of 1996, A&D Company Japan (‘A&D’), one of the major
 weighing 
 systems producer in the world, appointed Avon Enterprises as its
 Indian distributor.
 
 The company entered into Deed of Declaration of Assignment of
 Business on 
 31 /03 /1999 with Shri Pankaj P. Saraiya and Smt. Shantaben P.
 Saraiya both 
 carrying on business in partnership in the name and style of M/s Avon
 Enterprises. 
 Pursuant to the above assignment the Company therein has become
 the sole owner of the entire business of Avon Enterprises.
 
 The Company was converted into public limited company on 25/04/2004
 with the 
 name ‘Avon Weighing Systems Ltd’. The Registered office of the
 company is situated 
 at 15/B, 2nd Floor, Kamal Kunj, S.V. Road, Irla Bridge, Andheri (W),
 Mumbai - 400 058
 
 Since then Avon has grown from strength to strength. From a turnover
 of Rs. 26 lakhs 
 in 2000, Avon has achieved a turnover of Rs.3910.49 lacs - during the
 year ended 
 31/03/2007.
 
 2008
 
 -Avon Weighing to hit the capital market with its IPO
 
 -Avon Weighing has designated E-mail ID for Investors Complaints:
 anita_v@aws.co.in
 
 -The Company designated email id exclusively for grievance redressal
 division / compliance officer.
 
 -The Company has obtained the ISO 9001-2000 Certificate              
                                       
 
 -Avon Weighing Systems Ltd is entering the capital market on June 9,
 2008 with a public issue of 1,37,33,033 equity shares of Rs10 each.
 The issue compromises promoters contribution of 38,96,633 shares.
 Therefore the net offer to the public is 98,36,400 shares.
 
 -Company name has been changed from Avon Weighing Systems Ltd to Avon
 Corporation Ltd.
 
 2009
 
 -The Company has declared dividend of Rs 0.20 (Rupees Twenty Paise)
 i.e. 2 % (Two percentage) per Equity Shares of Rs 10/- each.
 
 2010
 
 -The Company has declared dividend of Rs. 0.30 (Rupees Thirty Paise)
 i.e. 3% (Three percentage) per Equity Share of Rs. 10/- each for the
 year. 
 
 2011
 
 -Registered Office of the Company has been shifted from 15/B, 2nd
 Floor, Kamal Kunj C.H.S., S.V. Road, Irla Bridge, Andheri (W),
 Mumbai-400 058, Maharashtra To  DLH PARK (Commercial Premises) Office
 No. 1106, 11th Floor, S. V. Road, Near MTNL, Goregaon (West), Mumbai -
 400 062.