KDDL Ltd
KDDL Ltd Company History
KDDL is primarily engaged in the business of manufacturing dials, watch hands and precision components. Currently, the Company has its manufacturing facilities, at Parwanoo (Himachal Pradesh) and Derabassi (Punjab) – dial manufacturing, Bengaluru (Karnataka) - hands and precision components manufacturing. During the current year, the Company has initiated the process of setting up of a new plant for manufacturing steel bracelets for watches at Bangalore (Karnataka).
2004
Delists equity shares from Ludhiana Stock Exchange
Ddelisted from Delhi Stock Exchange
Kamla Dials unveils high-end watch brands
2004
2005
Kamla Dials in joint venture with Pascal Vincent Vaucher SA of Switzerland to set up Satva Jewellery and Design Ltd
2005
2007
Company name has been changed from Kamla Dials & Devices Ltd to KDDL Ltd.
2007
2008
The company has incorporated a wholly owned subsidiary Company, Mahen Boutiques Ltd, which would be in the principle business of retail of luxury and lifestyle products.
2008
2009
The company incorporated a wholly owned subsidiary Company, Mahen Distribution Ltd, which would be in the principle business at distribution of luxury and lifestyle products.
2009
2011
The Company has recommends dividend @ 30% on the entire paid up equity shares
2011
2012
The Company has recommended a dividend @ 30% i.e. Rs. 3 per equity share
2012
2013
The Company has recommended a dividend of Rs. One per share (10%) for the financial year ended on March 31, 2013 for the shareholders of the Company.
2013
2014
KDDL& subsidiary opens new showroom at Vadodara
KDDL inaugrates its 45th store at Trillium Mall, Amritsar
KDDL opens a store at Linking Road, Mumbai
2014
2016
KDDL Ltd has informed that Ethos Ltd, a subsidiary of Company, has started its' two stores at Noida at the DLF mall of India on April 14, 2016
2016
2017
Company has acquired 50% equity holding from Joint Venture Partner in Satva Jewellery and Design Limited. With this acquisition, the Satva Jewellery and Designs Limited has become wholly owned subsidiary of the Company.
2017
2018
Acquisition of a Swiss Watch Hands manufacturing Company named 'Estima AG.
2018
2021
The company issued rights shares of Rs. 10 in the ratio of 7:75 at a premium of Rs. 220 per share.
2021
