The Company was incorporated on April 28, 1988 as Celebrity 
 Fashions Private Limited under the Companies Act, 1956. In the 
 year 1998, our Company became a deemed public company 
 under section 43A of the Companies Act 1956. Subsequent to 
 the amendment to the Companies Act 1956, we reverted back to 
 the status of a private limited company in the year 1999. In the 
 year 2004, an application for the merger of group companies 
 Celebrity Designs (India) Private Limited and Indian Terrain Clothing
 
 Private Limited was filed with the Honourable High Court of Madras 
 and in October 2004, the companies got merged with effect from 
 April 1, 2003 vide court order dated October 14, 2004. On April 01,
 2004 the manufacturing facility of Celebrity Connections, a
 partnership 
 firm, was taken over by our Company with effect from March 31, 2004.
 
 Our Company became a public limited company on September 12, 2005 
 and subsequently our name changed to Celebrity Fashions Limited.
 
 2005
 
 -Celebrity Fashions sets IPO price band at Rs 160-180
 
 2006
 
 -Celebrity Fashions fixes IPO prices at Rs 180