HISTORY OF THE COMPANY
The company was incorporated on the 3rd Septtember ,1986 as a Public
Limited Company and obtained the Certificate of Commencement of
Business on 11th March 1988. The company has been set up to
manufacture and sell leather and non leather shoes ,leather shoe
uppers and leather garments
Presently the company is engaged in the manufacturing of leather and
non leather shoes.
It has also set up a joint venture in Russia to manufacture shoes in
1991 under the name of M/S Liberty &Go ,with M/S Gorky Production &
shoes Unit,Gorky. The Company is marketing its product nationally and
internationally under the brand name LIBERTY and is well established
in the national and international market. The company has entered
into an agreement with one of the group firms M/S Liberty Enterprises
for using the established brand name LIBERTY.
The company has commenced its commercial production for non leather
shoes on 25th December 1993.Intially one direct injection soiling
machine was installed with a capacity of 240000 pairs per annum on
single shift basis .The second direct injection soiling machine was
installed in March 94.From the commencement of commercial production
till 31st March 1994,the company has been operating on full
capacity.As the promoters ar in this line for the last five decades
,the company is confident of maintaining this level of operations in
the future.The company has been promoted by P.D.Gupta and R.K.Bansal
and belongs to the LIBERTY Group .Liberty Group has completed Five
decades of its existence in the shoe industry in 1994.
2000 - The Company is to enter into an agreement for sale/purchase
goods and/or taking on franchise basis the production on
franchise basis the production facilities and/or acquire
and immovable property including plant and machinery,
etc. with Liberty Group Marketing Division and/or Liberty
Enterprises, partnership firms.
- The Company is all set to venture into the e-commerce
which will cater to the B2B and B2C requirements.
-Liberty Footwear has introduced its innovative Liberty Footstylers
collection. It is also unveiling a slew of shoes whose price will
range between Rs 1,500 and Rs 2,500, higher than its other products
such as Gliders, Windsor and Senorita.
-Pearl Academy inks pact with Liberty Shoes
-Liberty Shoes Board approves setting up of Subsidiary Company
-Mr. Adesh Gupta presently working as Executive Director of the
Company since July 16, 2001, has been elevated as 'Chief Executive
Officer' (CEO) of the Company.
- Liberty Shoes Ltd launched its retail format, Revolutions
-Liberty Footwear Company Ltd's claim to use brand name 'Revolution'
for its new footwear retail chain has been challenged by a
Delhi-based women's wear chain Revolution Clothings, which too, has
claimed ownership of the same brand name.
-Liberty unveils new range of footwear
-Liberty Shoes has given the Bonus in the Ratio of 1:1
-Liberty Shoes joins hand with Pantaloon
- Liberty Shoes achieved sales of Rs 300 crore last fiscal and has a
30-per cent marketshare in the branded footwear segment.
-Liberty Shoes Ltd as considered approval for re-appointment of Sh.
Adesh Kumar Gupta, Sh. Adarsh Gupta and Sh. Shammi Bansal as
Executive Directors of the company.
-The Company has appointed Sh. Ramesh Chandra Palhan as Additional
Director of the Company with effect from March 28, 2012.
-Liberty Shoes Ltd has recommended the payment of dividend of Rs.
1.50/- per equity share (i.e. @15%)