Our company was incorporated as a private limited Company under the name ÂTifosi Foods Private Limited under the
provisions of the Companies Act, 1956 vide certificate of incorporation dated May 07, 2012, issued by the Registrar of
Companies, National Capital Territory of Delhi and Haryana. Further, the name of our company was changed from ÂTifosi
Foods Private Limited to ÂShellz India Private Limited pursuant to a special resolution passed in the extraordinary general meeting of our shareholders held on August 04, 2020 with the fresh certificate of incorporation dated September 21, 2020 issued by the Registrar of Companies, Delhi. Thereafter, our Company was converted from a private limited company to a public limited company pursuant to a special resolution passed in the extra ordinary general meeting of our shareholders held on December 12, 2024 and the name of our Company was changed to ÂShellz India Limited with the fresh certificate of incorporation dated February 04, 2025, issued by the Assistant Registrar of Companies/Deputy Registrar of Companies/Registrar of Companies, Central Processing Centre.
Major Events and Milestones:
2012 Â 2013
- Incorporation as Private Limited Company and commenced operations at the Delhi facility for jelly and chocolate products under the brand ÂHugsÂ
- Introduced ?1/- centre-filled chocolate
2013 Â 2015
- Expanded product categories into jellies and baked treats
- Launched Dipsticks, a ?5/- biscuit-with-chocolate-cream
2015 - 2019
- Expanded team size and established a corporate office in Punjabi Bagh, New Delhi
- Launched ÂTosca brand with a focus on alternate channels*
- Introduced breakage-free, moisture-resistant cones packed in polymer cups  ÂPush Up The ConeÂ
2020 - 2021
- Set up Hyderabad depot to strengthen distribution across South India
- Achieved the ?100 crore revenue milestone
- Entered the compressed candies category
2022
- Achieved the ?150 crore revenue milestone
2023
- Launched the ÂBetter-for-You range with Oats Choco, entering the snacking space
2025
- Conversion from Private Limited to Public Limited Company
- Commencement of the Sonipat facility to support rising domestic and international demand and initiation of in-house packaging manufacturing operations