The Company was incorporated as a private limited company in the name of ÂCredo Brands Marketing Private Limited in Mumbai, India under the Companies Act, 1956 pursuant to a certificate of incorporation dated April 29, 1999, issued by the RoC. Subsequently, the Company was converted from a private limited company to a public limited company, pursuant to a board resolution dated April 7, 2023, and a special resolution passed by the shareholders on April 18, 2023, consequent to which a fresh certificate of incorporation dated May 11, 2023, was issued by the RoC to the Company and the name of the Company was changed to ÂCredo Brands Marketing Limited with effect from May 11, 2023.
Major events and milestones of the Company :
1998
- Launch of the brand ÂMuftiÂ
1999
- Incorporation of the Company
2003
- Brand purchased by the Company from proprietary concern of Kamal Khushlani
2008
- Investment by Bennett Coleman & Co. Limited
2010
- Opened the 100th store
2013
- Opened the 200th store
2019
- Reinvented the brand philosophy & new logo
- Opened the 300th store
2022
- Opened the 350th store