The Company was incorporated as a Private Limited Company on 29.11.84
as Chandra Prabhu Services Private Limited having its registered
office at New Delhi. The Company became a deemed Public Limited
Company under Section 43A of the companies Act, w.e.f 01.05.85 and
received a amended
certificate of incorporation. Subsequently the company has passed a
special resolution on 22.5.1985 for deleting the restriction clause
in Articles of Association under section 3(1)(iii) of the Companies
Act, 1956 and as such company became fully Public Limited Company
meaning of Section 3(1)(iv) of the Companies Act, 1956. The name of
the Company was thereafter changed to Chandra Prabhu International
Limited and a fresh Certificate of incorporation consequent to change
of name was obtained on 22.08.94.
Since its inception till 1989, the company was mainly engaged in
financing to body corporates and non-body corporates and surplus
funds were invested in shares & securities. In 1989, to broadbase
its activities,it diversified into trading of merchandise
goods/commodities. It started with trading in Oxygen gas cylinders
but found it also not to be profitable. Hence in 1990-91 if took up
trading in clothes and potatoes. Now the company has identified as
exports of garments and home furnishings etc. and trading in coal and
synthetic rubber as a major thrust area. To achieve these objectives,
the then Directors were replaced by a team of experienced people
having more than 10 years of experience in the field to look after
day to day affairs of the company. So as to synchronise the name of
the company with the activities now to be taken up, the name was
changed to Chandra Prabhu International Limited.
The company had purchased 3,74,250 shares of Hilton Rubbers Ltd.
its foreign collaborators at a price of Rs. 5.23 per share as
by Reserve Bank of India during the year 1996-97. The company has
also acquired 49,042 shares of Hilton Rubbers Ltd. through the public
offer as per approval of Securities and Exchange Board of India. As a
consequence of this acquisition of shares, both the companies have
-The company's equity shares are delisted from Delhi & Jaipur Stock
-Dlist from The Delhi Stock Exchange Association Ltd (DSE) with
effect from January 20, 2005.
- E-mail ID for Investors Complaints:email@example.com.
- Board recommends Final Dividend of 10%.
-Mr. Akash Jain has been reappointed as Managing Director of the