The Company was incorporated as a public limited company on 27th June, 1882 under the Indian Companies' Act, VI of 1882. The Company was issued a fresh Certificate of Incorporation dated 30th August 1948 by the Registrar of Companies, Bombay, Maharashtra after Independence. The Company is amongst the first few companies listed on the Bombay Stock Exchange. 1946 - 2,000 Right Equity shares offered at a premium of Rs 100 per share in the proportion 1:1. 1951 - Balance of Rs 100 per share out of 1946 issue called and paid-up in 1950. 2,000 Right Equity shares issued at par in the prop. 1:2. 1966 - 1,000 Bonus Equity shares issued in the prop 1:6. 1980 - The Company started manufacture of leather bags, toys and solitaire luggage. 1982 - A number of new toys were introduced. 1984 - Equity shares of Rs 200 each subdivided into share of Rs 100 each. 1986 - The Company entered into a joint venture agreement with Mattel Asia, Ltd., Hongkong to manufacture a wide range of toys by incorporating a new company under the name Mattel Toys (India) Pvt. Ltd. - The company was Incorporated at Mumbai. The Company used to carry on the business as manufacturing chemists and wholesale and retail distributors. It now carries on the manufacture of leather bags and trading activities through retail shops. 1992 - Shareholders of the Company approved a Scheme of Amalgamation between the Company and Furn Plastic Industries, Ltd. at their meeting held on 25th April as per the directions of the Mumbai High Court. 1993 - 8,46,200 shares allotted to Furn Plastic India Ltd. 1996 - The Company as re-organised its activities by placing greater emphasis on high value added products like office partition systems, executive sitting systems etc. 2007 -Kemp & Company Ltd on October 03, 2007, has appointed Mr. K C Gupte as an Additional Director of the Company with immediate effect, to hold the office upto the date of the next Annual General Meeting of the Company. 2012 - The company has recommended a Dividend at the rate of Re.1 per share. 2013 - The company has recommended a Dividend at the rate of Re.1 per share. 2014 - The company has recommended a Dividend at the rate of Re.1 per share.