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MILESTONES
YEAR | MAJOR EVENT |
---|---|
2000 | Incorporation of Kushal Tradelink Limited and commencement of business activities |
2003 | Company’s turnover crosses Rs 100 million |
2004 | Standard Chartered Bank sanctions loan amounting to Rs 10 million |
2010 | Company’s Profit Before Tax crosses Rs 10 million |
2011 | Company achieves the milestone of catering to 500 customers |
2011 | Company’s turnover crosses Rs 1,000 million |
2012 | Standard Chartered Bank enhances loan to Rs 580 million |
2012 | Company receives ISO Certification from Nimbus Certifications, approving that its Quality Management System to be in accordance with the requirements of ISO 9001:2008 for the following scope: Trading and Supply of Kraft Paper, Duplex Board, Cromo / Art Paper, Waste Paper, Newsprint Tear Off, Reel Core & Waste Pasti. |
2013 | Company converts itself into a Public Limited Company |
2013 | ICICI Bank sanctions loan amounting to Rs 210 million |
2013 | Company goes for IPO and subsequently lists on BSE SME Platform |
2014 | Incorporation of wholly-owned subsidiary in Singapore in January 2014 |
2014 | Company wins Indian Leadership Award for Industrial Development in August 2014 from All India Achievers Foundation |
2014 | Awarded Rajiv Gandhi Rashtriya Ekta Samman at All India National Unity Conference in August 2014 |
2014 | Purchase of Corporate headquarters in Ahmedabad in September 2014 |
2014 | Company wins the Fastest-Growing Indian Company Excellence Award in November 2014 at International Achievers Conference |
2014 | Sanction of SBLC facilities worth US$ 9 million from AXIS Bank |
2015 | Credit rating from Brickwork Ratings (BBB) |
2015 | Sub-division of one equity shares of Rs 10 each into five equity shares of Rs 2 each |
2015 | Migration of equity shares from the BSE SME Platform to the Main Board of BSE |
2016 | Spread of shareholders crosses the 10000-mark in January 2016 |
2016 | Incorporation of second overseas arm in wholly-owned subsidiary as Kashish Worldwide - FZE in Ajman Free Zone, UAE in January 2016 |
2016 | Declared and paid 100% dividend in Financial Year 2015-16 |
2016 | Started new venture with name of “Bell The Cat Entertainment” a step in Entertainment Industry |
2017 | Company declared and issued bonus shares in the ratio of 1:1 |
2017 | Announcement for merger of 4 group companies in KTL: Ashapura Paper Mills Pvt Limited, Riddhi Siddhi Recyclers Pvt Limited, Kushal Wealth Creators Pvt Limited and Kushal Infrastructure Pvt Limited |
2017 | Company becomes part of the prestigious Morgan Stanley Capital International Index (MSCI) |
2017 | Company incorporated its third overseas wholly owned subsidiary in the name of Stallion Worldwide (Labuan) Pvt Ltd, Malaysia |
2017 | Declared and paid 105% dividend for Financial Year 2016-17 |