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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