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Nicco Park and Resorts
BSE: 526721|ISIN: INE653C01022|SECTOR: Miscellaneous
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Company History - Nicco Park and Resorts
Nicco Parks & Resorts Ltd.  was incorporated on March 17, 1989 as a
 Joint Sector Company with National Insulated Cable Co. Ltd.  (now
 Nicco Corporation Ltd.) from the private sector and the Government of
 West Bengal represented by West Bengal Industrial Development
 Corporation Limited (WBIDC) and West Bengal Tourism Development
 Corporation Limited (WBTDC) to set up an Amusement Park on the
 outskirts of Calcutta.  The Certificate of Commencement of Business
 was obtained on March 31, 1989.
 
 The purpose of the project was to provide wholesome fun, thrill and
 educative family entertainment and also to attract tourists to the
 State.  The project was implemented successfully with technical
 advice from Blackpool Leisure & Amusement Consultancy Ltd.  of U.K.
 The Park was opened to the public in October 1991. The project
 received favourable response from the people of West Bengal and
 tourists coming to the State.
 
 PRESENT BUSINESS OF THE COMPANY
 
 The objective of the Park is to provide wholesome fun and educational
 recreation.  Apart from the various rides it also has a popular Food
 Park.  The Park has received favourable response and blue-chip
 companies like ITC, TISCO, Brittania Industries, Bata, Nestle, Smith
 Kline Beecham, Union Carbide, Dunlop, ANZ Grindlays, Duncans,
 Goodricke, Cadburys, are using the Park to promote their products by
 sponsoring rides and other forms of advertisements in the park
 premises.  The installation of the Solar Energy Village depicting the
 various uses of this alternative form of energy has also received
 favourable response
 from the public and is in keeping with Company's policy of providing
 educative inputs coupled with entertainment.
 
 The following facilities are currently available at the Park:
 
 a. Various rides like Cable Car, Children Flume Ride, Crazy Cycle,
 Kontiki Raft, Lazy River Ride, Merry Go Round, Striking Car,
 Moonraker, Paddle Boats, Tilt-A-Whirl, Toy Train, Tumble Tosser,
 Water Chute, Water Merry Go Round, Aqua Cycles and Video Games.
 
 b. A unique multi cuisine Food Park which houses Calcutta's leading
 restaurants like Kwality, Pepsi, May Fair China Bowl, Shiraz, and
 Nizam.  The Food Park can accomodate 500 people at a time.
 
 c.  Apart from the Food Park, other food and beverage outlets selling
 products of leading companies like Nestle, Cadbury, ITC, Goodricke,
 Duncans, Farini are also available in the Park.
 
 d. A Green House run by the Indo American Hybrid Seeds Ltd. which
 sells a variety of plants.
 
 e. A Souvenir Shop for visitors.
 
 f. A Solar Energy Village which exhibits the use of this
 nonconventional source of energy in community life.
 
 g. Other facilities like shuttle bus service and First Aid Centre.
 
 
 2007
 
 -Nicco Parks & Resorts Ltd has appointed Mr. Srikandath Narayan
 Menon, son of Mr. Chengat Sankara Menon as an Additional Director of
 the Company with effect from April 27, 2007.
 
 2010
 
 - Nicco Parks & Resorts Ltd has appointed Mr. Arijit Sengupta the
 Whole-time Director & CEO of the Company has been appointed as the
 Managing Director of the Company
 
 2011
 -Company has splits its Face value of Shares from Rs 10 to Re 1
 
 2012
 
 -Mr. Arnab Roy has been appointed as Additional Director of the
 company
Source : Dion Global Solutions Limited
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