Country Condo's Ltd. వార్షిక వృద్ధి వివరాలు ఆధారంగా కంపెనీ చరిత్ర
The Company was originally incorporated as private limited company on 25.09.87 and was subsequently converted into a Public Limited Company on 22.08.88.
The business Company was originally formed as a partnership firm under the name Indocure Therapeutics. The firm acquired a sick pharmaceutical Industry, through auction, from APSFC. The name of the sick Industry acquired is M/s Pam Industries and it was acquired in December 1985 by M/s. Indocure Therapeutics, a partnership firm at a coat of Rs. 3.60 lacs through auction from APSFC under section 29 of SFCs Act and no liabilities/sickness of the sick industry were transferred to the firm. The names of the partners of M/s Indocure Therapeutics were Mr. P Sambasiva Raju and Mr. D. Krishna Kumar Raju and are also promoter directors of the company. Subsequently Mr. P Sambasiva Raju has resigned as director for personal reasons. No revaluation of the fixed assets took place at the time of take over. The firm was taken over by Neocure Therapeutics Pvt. Ltd. on 25.09.87. The company has commenced its commercial operations on 5.11.1987 during the initial years of operation, the company could not do well due to insufficient working capital funds. In 1989, the Board of Directors was reconstituted.
2000 - The Company has decided to issue further 60 lakhs No. of equity shares of Rs 10 each as per SEBI Guidelines on preferential issue to select group of persons viz., promoters, friends, relatives, distributors, etc.
2007 -Registered Office of the Company has been shifted From #12-1-331/27, Dattatreya Colony, Asif Nagar (South), Hyderabad-500 028 To # 8-2-703, Mahogany Complex, Ground Floor, Amrutha Valley, Road No. 12, Banjara Hills, Hyderabad - 500 034. A.P
2008
- Company name has been changed from Neocure Therapeutics Ltd to Country Condos Ltd.
2009
-Country Condo's has given the Bonus in the Ratio of 2:1
2012
- The name and trading symbol of the company be and is herby changed w.e.f. August 31, 2012. From M/s. Neocure Therapeutics Limited to M/s. Country Condo's Limited
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