(i) Kurl-on Limited(KL) is the holding company, which promoted a subsidiary company in the name and style of Kurl-on Enterprise Ltd(KEL). As on 31.03.2019, the Kurl-On Limited holds 85.06% shares in Kurl-On Enterprise.
(ii) In the year 2011, consequent upon the Business Transfer Agreement between Kurl-on Limited and Kurl-On Enterprise, the business of Rubberized Coir, Latex Foam, Polyurethane Foam, Pillows, Spring Mattresses, Furniture, Furnishing, sofa, and entire home comforts and related products were transferred to the subsidiary company( KEL) effective 1st April 2014.
(iii) Headquartered in Bengaluru, KEL is now the operating company. Both the companies are closely held, an unlisted public Ltd.
(iv) Kurl-On Enterprise has one wholly-owned subsidiary i.e. Kurl-on Retail. Kurlon Retail Limited was incorporated under the name and style of Kurlon Mattress Private Limited on 31.08.2012. The Company commenced its commercial operation during 2012. The name of the Company was changed to Kurlon Retail Pvt Ltd on 01.02.2018 and subsequently to Kurlon Retail Ltd wef 16.05.2018. The main object of the company is to carry on the business of buying, selling, importing, exporting, transporting storing, promoting, marketing supplying, trading and dealing in all type of goods including mattresses, pillow, sofa, and furniture on retail as well as whole sell basis in India or elsewhere.
KURLON Enterprise Limited Unlisted Shares Details:
|Total Available Shares:
|| ₹ 5 Per Equity Share
|Current Unlisted Share Price:
|| ₹ 905 Per Equity Share
||Bulk Deal (1%)
Discussion on KURLON Enterprise Limited Unlisted Shares: