Procter and Gamble Hygiene and Health Care

1964
 
 - The Company was Incorporated on 20th July at Mumbai.  The company
 was
 promoted by Richardson-Marrell Inc., New York and its wholly owned
 subsidiary - vicks Products Inc., India.
 
 - 90 shares taken up by signatories to Memorandum of Association. 
 110
 shares issued to Richardson Merrell Inc., U.S.A.
 
 1966
 
 - 2,74,890 shares issued to Richardson-Merrel, USA which 99,910
 shares
 reserved for allotment to directors, employees, associates, etc. 
 The
 balance 1,25,000 shares offered for public subscription.
 
 1968
 
 - 2,00,000 bonus shares issued in prop. 2:5.
 
 1973
 
 - 4,00,000 bonus shares issued in prop. 4:7.
 
 1978
 
 - 4,00,000 bonus shares issued in prop. 4:11.
 
 1980
 
 - 3,00,000 bonus shares issued in prop. 1:5.
 
 1983
 
 - 5,94,000 shares issued (prem. Rs 20 per shares, prop. 11:15) as
 rights to resident Indian shareholders.  81,000 shares (prem.  Rs 20
 per share) allotted to employees and business associates.
 
 1984
 
 - 12,37,500 bonus shares issued in prop. 1:2.
 
 1985
 
 - In September, the Company's herbal plant for the manufacture of
 herbal and other natural ingredient products at Annaram in Medak
 district of Andhra Pradesh was commissioned.  The Mentha Research
 centre located at Bilaspur in U.P. carrys out research in the
 growing
 of mentha arvensis from which mint oil and menthol are produced.
 
 - In October, Procter & Gamble Co., acquired Richardson-Vicks Inc.,
 and
 consequent to this, Richardson Hindustan Ltd. (RHL), became an
 affiliate of Procter & Gamble Co.  In view of this, the name of the
 Company was changed to Procter & Gamble India Ltd., from Richardson
 Hindustan Ltd., with effect from 4th April, 1988.
 
 - The Company proposed to change its name to Procter & Gamble
 Hygiene
 and Health Care Ltd. to better reflect the nature and character of
 the
 business and in keeping with company's objective of focussing on its
 core categories viz. Feminine Hygiene and Health Care.
 
 - Richardson-Merrell Inc., Wilton, U.S.A., the holding company,
 holds
 14,85,000 No. of equity shares out of 37,12,500 No. of equity shares
 issued by the Company.
 
 1988
 
 - 29,70,000 bonus shares issued in prop. 4:5.
 
 1990
 
 - The Company set up a plant at Mandideep, the M.P., to manufacture
 high technology detregents.  The first phase of the plant commenced
 commerical production in April 1991, and the new detergent Ariel
 Microsystem was test marketed in Vishakpatnam.  After the success
 therein, it was introduced to Andhra Pradesh and Tamil Nadu.
 
 1991
 
 - New initiatives were introduced to strengthen the skin and hair
 care
 business namely `Ultra Clearsail', `Olay Sensitive' and `Mediker
 Upgrade'.
 
 - During July-August, the Company offered 4,00,960 - 12.5% partly
 convertible debentures of Rs 200 each on rights basis to equity
 shareholders (other than shareholders of Richardson-Vicks Inc.,
 U.S.A.
 RVI) in the proportion 1 deb.: 10 equity shares held. (all were
 taken
 up).
 
 - Another 20,000 - 12.5% debenture were issued to employees on an
 equitable basis (only 17,480 debentures taken up).  Unsubscribed
 portion of 2,520 debentures was allowed to lapse.
 
 - Rs 65 of the face value of each debentures was to be automatically
 and compulsorily converted into 1 equity share of Rs 10 each at a
 premium of Rs 55 per share on the expiry of 18 months from the date
 of
 allotment of debentures.
 
 1992
 
 - During the year new initiatives namely Ariel Green, Whisper Exra
 Long
 and Whisper Extra Large were introduced.
 
 - The balance of Rs. 135 of the face value of each debenture was to
 be
 redeemed at par on 3 equal annual instalments on the expiry of 6th,
 7th
 and 8th years from the date of allotment of debentures.  Conversion
 of
 Part A of 65 of the debentures was preponed from 4th March, 1993 to
 31st July, 1992.  Accordingly, the Company allotted 4,18,440 equity
 shares of Rs 10 each at a premium of Rs 55 per share on 1st August.
 
 - The Company also offered 16,03,800 -14% non-convertible debentures
 (NCD) of Rs 100 each in the proportion 8 debs.: 20 equity shares
 held
 (all were taken up).
 
 - Another 80,200 - 14% NCD's were issued to the employees on an
 equitable basis (only 79,2000 debentures taken up).  Unsubscribed
 portion of 100 debentures was allowed to lapse.  Each block of 8
 non-convertible debentures was to contain 1 warrant, entitling the
 holder to apply for 3 equity shares of Rs. 10 each at a premium as
 may
 be then approved by CCI within 4th and 5th year from the date of
 allotment.  Accordingly 6,21,508 shares were allotted at a premium
 of
 Rs 55 per share.  These debentures were to be redeemed at par on the
 expiry of 6th, 7th and 8th years from the date of allotment of
 debentures.
 
 - During July, the Company issued 15,00,153 equity shares of Rs 10
 each
 at a premium of Rs 215 per share to RVI in order to raise their
 equity
 holding from 40% to 51%.
 
 - Another 2,78,960 equity shares of Rs 10 each at a premium of Rs 55
 per share and 1,56,559 equity shares of Rs 10 each at a premium of
 Rs
 215 per share were allotted on 1st August, to enable RVI to continue
 to
 hold 51% of the equity capital on account of conversion of Part A of
 partly convertible debentures.
 
 1993
 
 - High Quality `Whisper' with `Wings' was introduced.  During the
 year
 the Company purchased `Old Spice Men's Toiletries and also divested
 the
 Laundry and Detergent business but retained detergent manufacturing
 facility at Mandideep and supplied the detergent to Proctor & Gamble
 Home Products Ltd.
 
 - The Company issued 36,14,645 equity shares of Rs 10 each at a
 premium
 of Rs 110 per share to RVI in order to raise their equity holding
 from
 51% to 65%.
 
 - During May 4,02,890 equity shares of Rs 10 each at a premium of Rs
 55
 per share and 7,51,339 equity shares of Rs 10 each at a premium of
 Rs
 110 per share were allotted to enable RVI to continue to hold 65% of
 the equity capital on account of conversion of equity Warrants.
 
 1995
 
 - The Company introduced a premium line of drops under the name
 Vicks
 Vitamin `C'.  With a view to improving employees' productivity the
 company installed electronic voice mail connecting all employees
 across
 India.  The Company launched Whisper Extra Dry, a superior
 performing
 sanitary protection product.
 
 - The Company undertook to set up a state-of-the-art technology
 health
 care plant at Goa.
 
 1996
 
 - The Company has recently introduced into test market VICKS VAPORUB
 Super Balm.
 
 1997
 
 - 72,13,497 equity shares allotted as bonus shares in prop. 1:2.
 
 - Procter & Gamble Home Products has expanded the line of its
 Pantene
 shampoos in India by launching a new variant, Pantene Pro V Extra
 Treatment shampoo.
 
 - Procter & Gamble Godrej has been renamed Procter & Gamble
 Distribution Company with effect from December 16, 1996.  The
 re-christening is a prelude to the wind-up or a merger of the
 company
 with either of the two P&G companies in India, P&G India or P&G Home
 Products.
 
 - Procter & Gamble has finally launched Head & Shoulders, the
 world's
 leading anti-dandruff shampoo brand in the country.
 
 - Procter and Gamble India Ltd has announced a bonus share issue in
 the
 ratio of one equity share for every two equity shares held. 
 
 - The board of Proctor & Gamble India (P&G) has declared a
 one-for-two
 issue of bonus shares and 75 per cent dividend for the year ended
 June
 30.
 
 1998
 
 - Procter & Gamble India has introduced a Stock Appreciation Rights
 (SAR) plan for all its full-time employees in India, in an
 innovative
 variation of the stock option scheme.
 
 - Procter & Gamble India Ltd. has changed its name to Procter &
 Gamble
 Hygiene and Health Care Ltd.  This was approved by the shareholders
 at
 the company's annual meeting.
 
 - Procter & Gamble (P&G) has launched a free career counselling
 service
 - P&G Future Focus - with Resource Management Group (RMG).  
 
 - Procter & Gamble India Ltd (P&G) has undertaken an exercise of
 streamlining its existing distribution and supply chain with a view
 to
 making it more consumer oriented, thus making the products available
 to
 the consumer faster and fresher.
 
 1999
 
 - Procter & Gamble Home Products, the wholly-owned subsidiary of the
 Cincinnati-based multinational, is test launching `Pringles', the
 internationally renowned potato chip brand in the Capital.
 
 - Procter & Gamble Inc (P&G), the US-based home products giant, has
 launched its most popular detergent brand, Gain, in the local
 market.
 
 - Procter & Gamble launched its first ever sight restoration
 corporate
 project called Project Drishti in collaboration with the National
 Association for the Blind.
 
 - The fast-moving consumer good major, Procter & Gamble is likely to
 route new brand launches in India through its fully-owned
 subsidiary,
 P&G Home Products, instead of its other subsidiary listed on the
 country's bourses.
 
 2000
 
 - The Company has launched a new brand, Tampax, Indian Sanitary
 napkin
 market.
 
 - The Company has relaunched its Vicks cough drop in a new 2.5 gm
 blue
 back.
 
 - The Company has launched Tide detergent in India.
 
 - The Company has launched `Project Poshan', a social marketing
 initiative in association with UNICEF in the Indian markets.
 
 - Procter & Gamble Co. and setting the company on a blistering pace
 of
 change, Durk I Jagar abruptly quit.
 
 - The Company was awarded Chennai-based SembCrop Logistics the
 prestigious Pinnacle Award for achieving internationally benchmarked
 standards in Good Manufacturing Practices.
 
 - The Company, the maker of Tide laundry detergent and Bounty paper
 towels, launched an over-the-counter tooth whitening product under
 its
 Crest brand that uses the same whitening ingredient used by
 dentists.
 
 - The Company launched Pantene Lively Clean, the latest in the
 Pantene
 Pro-V range of shampoos in India.
 
 - The Company launched New Ariel Power Compact detergent with a new
 global technology.
 
 - Procter & Gamble Home Products Limited, the fully-owned subsidiary
 of
 Cincinnati-based Procter & Gamble Co, is creating a new segment in
 the
 fabric cleaning market in India with the launch of its international
 brand Febreze, fabric odour cleaner at Chennai.
 
 - Helmut Meixner, chief executive officer of Procter & Gamble in
 India,
 has retired effective 5th July, Gary Cofer, Director has been
 appointed
 P&G country manager in India with immediate effect.
 
 - The Company has relaunched Vicks Action 500+ in an attractive True
 Blue pack.
 
 - The Company has entered into the second phase of planned
 restructuring, cashing in on a more efficient supply chain
 management
 system, launching extension of existing flagship brands and
 launching
 bigger brands from the global portfolio.
 
 - The Company has launched Vicks Plus medicated lozenges in India.
 
 - Gary W. Cofer, country manager, Procter and Gamble, India has been
 appointed managing director of Procter and Gamble Hygiene and
 Healthcare Ltd. with effect from 1st September.
 
 - Procter & Gamble Hygience & Healthcare has tied up with
 `Doctoranywhere.com', an online consulting service that enables
 consultation, referral and interaction of doctors with specialist
 consultants.
 
 - Procter & Gamble Co., launched BeingGirl.com.
 
 - The Company has tied up with Doctoranywhere.com, an online service
 that enables consultation referral and interaction of doctors with
 specialists.
 
 - The Company has introduced Doorstep Challenge advertising for its
 detergent brand, Tide.
 
 - The Company has launched a website -- www.spraytugsmooth.com
 exclusively for its newly-launched fabric spray, Downy
 Wrinkleleaser,
 in an attempt to explain the benefits of the product.
   
 - Procter & Gamble's haircare brand Pantene will present Hair Asia
 Pacific 2000, the international cotest for hairstyles and beauty
 experts in collaobration with the Sri Lankan Association of
 Haridressers and Beauticians.
 
 - The company has re-launched Viks Action 5000 in an attractive true
 Blue international pack.
 
 - The Company announced the launch of 'Best-Ever Head & shoulders
 anti-Dandruff Shampoo' (H&S) in the Rs.500 crore hair care market.
 
 2001
 
 - Head & Shoulders, a brand of Shampoo from the Proctor and Gamble
 stable, has launched its new commercial with three ke anti-dandruff
 claims -- eliminates dandruff flakes forever with regular use,
 removes
 100 per cent visible flakes and has an effect from the first wash
 itself.
 
 - Procter & Gamble Hygiene and Health Care has launched the new
 Whisper
 Ultra Day-Night pack for the first time in India, in Tamil Nadu.
 
 - Procter & Gamble Home Products has launched its Tide detergent in
 sachets, primarily to induce trials.
 
 - The Company has launched an outdoor advertising campaign for Vicks
 Plus medicated lozenges.
 
 - Procter & Gamble Home Products (P&G) has finally unveiled the
 mystery
 of the five bald women in a ‘We want a change’ campaign with the
 relaunch of the Pantene Pro-V range of shampoos in India.
 
 2002
 
 - Procter & Hygiene and Health Care Ltd has informed that Mr Gary
 Cofer
 will cease to be the Managing Director of the company wef April 01,
 2002. Mr Shantanu Khosla will be appointed as the Managing Director.
 
 2002
 
 - Anil Gupta appointed as Additional Director of Procter & Gamble.
 
 -Shantanu Khosla appointed as M D of Procter & Gamble w e f June 01,
 2002.
 
 2003
 
 -Procter & Gamble Hygiene & Health Care Ltd has informed BSE that the
 Board of Directors considered and approved the following changes in
 the constitution of Board of Directors with effect from January 31,
 2003: resignation of Mr Peter Smit as the Director and  appointment
 of Ms. Nayantara Bali as Director to fill in the casual vacancy
 caused by the resignation of Mr Peter Smit.
 
 -P & G has sought the approval of Foreign Investment Promotion Board
 to revamp the 
 capital of its foreign subsidiary.
 
 -P&G and Jaya TV have announced a launch of 'Shiksha, Secure your
 child's future'  a special
 promotion to help educate children in India.
 
 -P&G has informed BSE that it has discontinued the text-marketing of
 Vicks Action 500 Night.
 
 -P&G and HLL has lodged a complaint with the Advertising Standards
 Council of India over
 HLL's new Clinic All Clear Anti-dandruff shampoo.
 
 -Procter & Gamble India has slashed the prices of its satchet washing
  powder Tide and 
 Ariel.
 
 -Procter & Gamble Hygiene and Healthcare ltd has launched new VICKS
 Formula 44 
 cough syrup, which provides safe, effective and long lasting relief
 of up to eight hours.
 
 -P&G has more than doubled its productivity per employee in four
 years and there have been savings in the backroom office of upto 90
 minutes.
 
 -P&G has set up two e-research and development networks, which would
 act as 
 'problem solving exchanges'.
 
 -Procter & Gamble announced 1:2 bonus issue the company would issue
 1.08 million new shares of Rs 10 each. 
 
 -Unveiled Ariel sachet priced at Rs 2 and Tide sachet at Re 1 in
 Andhra Pradesh for the first time.
 
 2004
 
 -P&G unveils Rejoice Shampoo on Jan 19
 
 -Rejoice shampoo unveiled at Kochi
 
 - Procter & Gamble Hygiene & Healthcare  launches 'Whisper Choice' in
 Tamil Nadu, Andhra Pradesh, Kerala and Karnataka priced at Rs 26 for a
 pack of 10 pads as a test market launch.
 
 -Procter & Gamble of the US announced a strategic tie-up with the
 Council of Scientific and Industrial Research (CSIR) to support
 acceleration of its `Connect and Develop' strategy launched in India
 in September last year
 
 -unveils Pantene Shampoos with Amino Pro-V
 
 2005
 
 -P&G introduces new aloe vera version of Head & Shoulders