Jyothy Labs Share Price

Jyothy Labs

CMP as on 06-Dec-21 12:24

₹ 150.30
-0.65 -0.43%

Open

₹ 150.25

Turnover (lac)

₹ 234

Prev. Close

₹ 150.95

Day's Vol (shares)

₹ 1,55,438

Day's Range (₹)

₹ 149.40
₹ 150.95

CMP as on06-Dec-21 12:24

₹ 150.05
-0.85 -0.56%

Open

₹ 152.05

Turnover (lac)

₹ 14

Prev. Close

₹ 150.90

Day's Vol (shares)

₹ 4,38,417

Day's Range

₹ 149.45
₹ 152.05

Jyothy Laboratories Ltd was incorporated on January 15, 1992 as a private limited company with the name Jyothi Laboratories Pvt., Ltd. The Company was founded by M. P. Ramachandran, in Thrissur, Kerala, in 1983. The Company is principally engaged in manufacturing and marketing of fabric care, dishwashing, personal care, household insecticides products, and provides laundry and dry cleaning services. It operates into six segments comprising of dishwashing, fabric care, household insecticides, personal care, laundry services and other products. The company has 25 manufacturing plants across 21 locations in India. Furthermore, six manufacturing plants of the Company situated at Roorkee, Wynad, Jammu, Pithampur, Pondicherry and Baddi are most of their units ISO 9001-2015 certified. In the year 1992, the company commissioned factory in Chennai to make Ujala. In the year 1994, they commissioned a plant in Pondicherry, theyre first in a backward area utilizing Government incentives.In the year 1995, the company launched Nebula, an oil-based antibacterial washing soap in Kerala. In October 6, 1995, the company became a public limited company and the name was changed to Jyothi Laboratories Ltd. In August 12, 1996, they further changed their name to Jyothy Laboratories Ltd. In the year 1997, they launched Ujala all over India.In the year 2000, the company launched Maxo (mosquito repellent) in the State of West Bengal. Also, they launched Exo, an antibacterial dish water bar in Kerala. Later, they launched Exo across Karnataka, Tamil Nadu and Andhra Pradesh. In the year 2001, the company acquired detergents plant at Pithampur, Madhya Pradesh from Tate Chemicals Ltd. They launched Vanmala washing soap in Kerala and Maya incense sticks in selected states.In the year 2002, the company acquired Sri Sai Homecare Pvt Ltd, which has a mosquito coil production facility in Hyderabad. Thus, Sri Sai Homecare Pvt Ltd became a subsidiary company. Also, the company launched Jeeva Ayurvedic Soap in the market. In the year 2005, the company launched Exo Liquid and Ujala Stiff & Shine in South India.During the year 2006-07, the company started marketing and distributing coffee products under the brand name Continental Speciale in a joint venture with CCL Products (India) Ltd. They acquired trademark and copyright for the brand More Light and Ruby. Also, they launched extensions in the household insecticide segment under the brand name Maxo - Liquid and Aerosol. In November 2006, the company established a 50:50 joint venture company with Shobha Kapoor and Ekta Kapoor, namely Balaji Telebrands Ltd for marketing and distribution of Ektas Karyasiddhi Graha Shanti Dhoops.During the year 2007-08, the company commenced production in new manufacturing facilities at Jammu in Jammu & Kashmir for making mosquito repellent coils, Roorkee in Uttarakhand for making Ujala fabric whitener and Baddi in Himachal Pradesh for Ujala Stiff and Shine. In March 2008, they launched Ujala Stiff & Shine all over India.During the year 2008-09, the company forayed into service sector through new venture Jyothy Fabricare Services Ltd, a subsidiary company for providing world class laundry at affordable price at consumer doorstep. They launched Jyothy Fabric Care Services Ltd and Fabric Spa. They launched Exo Dish wash liquid in all southern states and Exo Floor Shine products in the State of Kerala.In April 2009, the company commenced full scale production of mosquito repellent coils in their Jammu unit. In October 2009, they expanded Exo dishwashing line from South India to Pan India. In November 2009, they launched fabric Spa at Bangalore. Also, the company bought technology DEPA, a repellent formulation for protection from all blood sucking insects and mosquitos from DRDO. In February 2010, they launched multi insect repellant in collaboration with prominent division of Defence Research and Development Establishment.The company has proposed to amalgamate Sri Sai Homecare Products Pvt Ltd, a wholly-owned subsidiary company with the company with effect from April 1, 2010. They have planned brand extension to take Ujala detergent to other states in a phased manner. The company is in talks with West Bengal-based detergents and allied products company Safechem Industries to buy their flagship laundry detergent brand, Safed. The company is looking to buy two fabric whitener brands for up to Rs 2.50 billion by the end of December.On 3 June 2013, pursuant to Clause 16.2 of the said Scheme of Amalgamation, 47,59,496 Fully Paid-up Equity shares of Rs. 1/- each, were allotted to the shareholders of JCPL in the ratio of 1 Fully Paid Up Equity Share of the Company against 4 Fully Paid Up Equity Shares of JCPL held by them as on 28 May 2013 being the record date fixed for the purpose. Further on December 3, 2013, pursuant to the Shareholders approval at the Extra-ordinary General Meeting of the Company held on November 19, 2013 and the In-Principle Approval granted by National Stock Exchange of India Ltd vide their letter dated November 27, 2013 and by BSE Ltd vide their letter dated November 29, 2013, Sahyadri Agencies Ltd was allotted 1,50,00,000 equity shares of the Company of Rs. 1/- each on Preferential basis at the Issue Price of Rs. 175.15 per Equity Share (including Rs. 174.15 per share towards share premium) against receipt of entire amount payable by Sahyadri Agencies Ltd in cash aggregating to Rs. 262,72,50,000/- in terms of Chapter VII of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009.During the year 2016, Associated Industries Consumer Products Private Limited - AICPPL (Wholly Owned Subsidiary of the Company) amalgamated with Jyothy Consumer Products Marketing Limited - JCPML (Step down subsidiary of the Company i.e. Wholly Owned Subsidiary of AICPPL) pursuant to the Scheme of Amalgamation sanctioned by the Honble High Court of Judicature at Bombay vide its Order dated July 3, 2015 which came into effect on August 6, 2015 and as a result, JCPML which was a step down subsidiary became direct subsidiary of the Company.The Board of Directors at their meeting held on 16 May 2018, has recommended issue of Bonus Shares in the ratio of 1:1 i.e. 1 new equity share of Rs1/- each for every 1 existing equity share of Rs1/- each held by the members as on the record date. The Company has sought approval of the members by passing Ordinary Resolution through Postal Ballot. The Bonus Shares will be issued, by capitalizing a part of its securities premium account as on March 31, 2018.

  • Chairman Emeritus

    M P Ramachandran
  • Joint Managing Director

    K Ullas Kamath
  • Managing Director

    M R Jyothy
  • Independent Director

    Nilesh B Mehta
  • Chairman & Independent Directo

    Ramakrishnan Lakshminarayanan
  • Company Secretary

    Shreyas Trivedi
  • Independent Director

    Bhumika Batra
  • Whole-time Director

    M R Deepthi

Registered Office

Ujala House Ram Krishna Mandir,
Road Kondivita Andheri (E),Mumbai,
Maharashtra-400059

REGISTRAR OFFICE

C-101 247 Park,
Vikhroli West,Mumbai-400083
INDIA