Muller & Phipps (India) Share Price

Muller & Phipps (India) Ltd(MPIL), promoted by Muller & Phipps International Corp. of USA is engaged in the business of trading in Toilet Preparations and Medicated Preparations. Development Holding Asia Ltd holds 51.6 % stake in the MPIL.The company incorporated in Calcutta in Oct.17.It turned public limited in Nov.73. The company owned the one of the popular Talcum Powder brand Cuticura. Chalayil Group, a leading south based FMCG company and owner of Medimix brand has acquired Cuticura brand from the company.The Company acts as distributors for both foreign and domestic personal care companies. MPIL acts as distributor for (i) Christine Hoden (India) Pvt. Ltd., for their sanilary towels, (ii) Cooper Laboratories International Inc, for their Knox medicinal specialties, (iii) Bombay Forgings Pvt. Ltd., for their Vita tooth brushes and (iv) Hamdard Laboratories (India) for their medicinal products. The Company also sells Shellox with Vapona (insecticide) purchased by it in bulk from national Organic Chemical Industries, Ltd. Further the company inked an distribution arrangement for Black Rose range of products and Dupen Laboratories Oral Health Care and Generic Drugs in FY2002-03.Muller & Phipps Agencies Ltd. (Formerly Chakosheela Trading & Agencies, Ltd.) and Muller & Phipps (Industrial Services) Ltd., are subsidiaries of the Company.After the issue of shares to the public during Dec.73, the holding of Muller & Phipps International Corporation, USA in the Company was reduced from 100% to 40%.For distribution & marketing their entire range of products including Cuticura the company formulated a strategic alliance with Dorcas Market Makers Ltd.