| The Company was incorporated as "Nandani Creation Private Limited" at Banipark, Jaipur, Rajasthan as a Private Limited Company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated February 21, 2012 bearing Corporate Identification Number U18101RJ2012PTC037976 issued by Registrar of Companies, Rajasthan. Subsequently, the Company was converted into Public Limited Company under Section 18 of the Companies Act, 2013; pursuant to Shareholders resolution passed at the Extraordinary General Meeting of the Company held on August 03, 2016 and the name of the Company was changed to ?Nandani Creation Limited? and a fresh Certificate of Incorporation Consequent upon Conversion from Private Company to Public Company dated August 12, 2016 was issued by the Registrar of Companies, Jaipur. The Corporate Identification Number of the Company is U18101RJ2012PLC037976. Anuj Mundra and Vandna Mundra are promoters of the Company. Anuj Mundra, Vandna Mundra and Sunita Devi Mundhra were the initial subscribers to the Memorandum of Association of the Company subscribing 2500, 5100 and 2400 Equity shares
respectively.
The Company is engaged mainly in manufacturing and e-retail of women apparels like kurtis, kurtas, sarees, ethnic tops, palazzo, patiala salwar suits, dupattas, quilted jackets, dress material, etc. The Company is best known for its ethnic wear, kurtis with traditional designs. For information on the Company`s profile, activities, market, products, etc., market of each segment, capacity built-up, exports due to foreign operations together with country wise analysis, standing of the Company in comparison with prominent competitors, with reference to its products, management, managerial competence, technology, market, major suppliers and customers, environmental issues, geographical segment, etc.
KEY EVENTS AND MILESTONES :
The following table sets forth the key events and milestones in the history of the Company, since incorporation:
2012
-Incorporation of the Company and commencement of business
2013
-First ever agreement signed with any e-commerce company Jasper Infotech Pvt Ltd (Snapdeal) to escalate the sale
2016
-Formed a subsidiary Company in name of ?Desi Fusion India Private Limited?
-Conversion of Company to Public Limited
2019
-The Company has issued Bonus Shares in the Ratio of 3:2.
2023
-The Company has signed Bollywood Actress, Superstar, Padma Shri Award Recipient ""Madhuri Dixit"" as its Brand Ambassador"".
2024
-The company issued rights shares of Rs. 10 in the ratio of 100:224 at a premium of Rs. 20 per share
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