| Home >> Business Profiles >> Lakhani India Ltd |
| Industry |
Leather |
| Business Summary |
Lakhani India Ltd. (LIL) was onginally incorporated as Lakbros Shoe Co. Pvt. Ltd. on December 28,1981. Lakbros was converted into a deemed public company under section 43A(I) w.e.f. 14th July, 1989 by deleting the restriction clause u/s 3 (i)(iii) of the Act and subsequently the name was changed to Lakhani India Ltd. w.e.f. September 12,1994. The shareholders passed a special resolution on September 16, 1994 for adoption of new set of Articles of Association and as such the company is now a public company within the meaning of Section 3 (i) (iv) of the Companies Act, 1956.
Lakhani India Ltd., the flagship company of the well established 'LAKHANl GROUP', was set up with the main object of manufacturing Leather and Non Leather Shoes. The company is currently manufacturing and marketing only Non Leather Shoes specially sports shoes and Children`s Shoes. The present installed capacity for the manufacture of Non Leather Shoes stands at 30,00,000 pairs perannum and is proposed to be increased to 61,65,000 pairs per annum. The company is also planning to diversify into the manufacture of finished Leather Shoes.
The company is marketing its products underthe well established brand name of 'LAKHANI' for the last 12 years. The company has now entered into an agreement dated September 12, 1994 with one of the group companies, M/s Lakhani Rubber Works, for using the brand name 'LAKHANI'. As per the terms of this agreement the company can use this trade mark initially for a period of 10 years on a royalty payment of Rs. 20 Lacs, spread over these 10 years. This agreement is valid upto September 11, 2004 and can be renewed further on mutually agreed tenns and conditions. Lakhani Group is amongst the largest footwear manufacturers of India with a production of 1,75,000 pairs of footwear per day. |
| Phone | +91-129-2232793 |
| Contact Address Details |
| Office Address |
Plot No 130,
Sector - 24,
Faridabad 121005
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