| The Company was originally incorporated at Ahmedabad as "Darshan Orna Private Limited" on 20th January, 2011 under the provisions of the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. the Company was converted in to a Public Limited Company and consequently the name was changed to "Darshan Orna Limited " vide fresh certificate of incorporation dated May 29, 2015 issued by the Registrar of Companies, Ahmedabad. The CIN of the Company is
U36910GJ2011PLC063745. We are integrated as a Wholesaler of branded Jewellery & Ornaments. Apart from being a wholesaler, we are also into trading business of silver and distributor of readymade gold & silver Jewellery & Ornaments. the portfolio of products includes gold and silver jewellery with or without studded precious and semi-precious stones. the Jewelries and ornaments are designed keeping in mind the demand for the Traditional, Modern & Indo-Western jewellery & ornaments in India. With regional diversity of tastes and preferences, we have diverse portfolio of Ornaments and Jewellery to suit the taste and preferences of one & all. the portfolio comprises of 20% Traditional Jewellery, 40 % of Modern Jewellery & 40 % of Indo-Western Jewellery. the gold & silver traditional jewelries & ornaments are either made with kundan, gem stones, American diamonds etc or just plain gold or silver. For the 3rd quarter ended December 31, 2015, Fiscal 2015, 2014 and 2013, the total income was Rs. 1204.43 Lakhs, Rs. 822.59 Lakhs, Rs. 120.40 Lakhs and Rs. 80.25 Lakhs, respectively and the net profit after tax was Rs. 21.47 Lakhs, Rs. 2.35 Lakhs, Rs. 0.22 Lakhs and Rs. 0.16 Lakhs, respectively.
Key Events and Milestones:
2011
-Incorporation of Darshan Orna Private Limited
2012
-Increase in Authorized Share capital from Rs. 1,00,000 to Rs. 3,50,000
-Allotment of 15,000 Equity Shares
2013
-Increase in Authorized Share capital from Rs. 3,50,000 to Rs. 4,60,000
-Allotment of 21,000 Equity Shares
2015
-Increase in Authorized Share capital from Rs. 4,60,000 to 75,00,000
-Conversion of Loan amount Rs. 100.33 Lakhs into 1,54,358 equity shares
-Conversion of Loan (against purchase of goods i.e., other than cash) amount Rs. 209.63 Lakhs into 3,22,518 equity shares
-Converted to Public Limited
-Increase in Authorized Share capital from Rs.75,00,000 to Rs. 3,40,00,000
-Allotment of 28,75,818 Bonus Shares out of free reserves
-Increase in Authorized Share capital from Rs. 3,40,00,000 to Rs.4,50,00,000
-Conversion of Loan amount Rs. 71.50 Lakhs into 1,10,000 equity shares
-Increase in Authorized Share capital from Rs.4,50,00,000 to Rs.4,70,00,000
2016
-Increase in Authorized Share capital from Rs.4,70,00,000 to Rs.4,80,00,000
-Darshan Orna LtdListing of equity shares of Darshan Orna Ltd
2018
-The Company has issued Bonus Shares in the Ratio of 11:10.
2022
-The Company has splits its face value from Rs. 10/- to Rs. 2/-.
2025
-The company has received the trading approval for shares issued on Rights basis.
-The Board of Directors has approved the allotment of 5,00,29,335 fully paid-up Equity Shares pursuant to the Rights Issue.
-Pursuant to Regulation 30 of SEBI(LODR) Regulations 2015 Board of directors at its meeting today approved to buy 2 commercial properties in the name of the company. The details are mentioned in the annexures.
-Proposed rights issue of equity shares of face value of Rs. 2.00/- (the 'Equity Shares') of Darshan Orna Limited as per details mentioned in the intimation.
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