MODICARE LIMITED
Company's authorized capital stands at Rs 2400.0 lakhs and has 30.7626% paid-up capital which is Rs 738.3 lakhs. Modicare Limited last annual general meet (AGM) happened on 29 Sep, 2017. The company last updated its financials on 31 Mar, 2017 as per Ministry of Corporate Affairs (MCA).
Modicare Limited is majorly in Business Services business from last 51 years and currently, company operations are active. Current board members & directors are BALBIR SINGH SYAN, KRISHAN KUMAR MODI, SAMIR MODI, CHARU MODI, RAMAMURTHY RAJGOPALAN IYER, RAJESH NAIR, RUCHIR KUMAR MODI, SHIKHA SHARMA and LALIT KUMAR MODI .
Company is registered in Delhi (Delhi) Registrar Office. Modicare Limited registered address is 5, COMMUNITY CENTRE, NEW FRIENDS COLONY, NEW DELHI DL 110025 IN.
Modicare Limited Details
CIN | U72200DL1973PLC110617 |
Date of Incorporation | 12 Jul, 1973 |
Status | Active |
Company Category | Company limited by Shares |
Company Sub-category | Non-govt company |
Company Class | Public |
Business Activity | Business Services |
Authorized Capital | 2400.0 lakhs |
Paid-up Capital | 738.3 lakhs |
Paid-up Capital % | 30.7626 |
Registrar Office City | Delhi |
Registered State | Delhi |
Registration Number | 110617 |
Registration Date | 12 Jul, 1973 |
Listing Status | Unlisted |
AGM last held on | 29 Sep, 2017 |
Balance Sheet last updated on | 31 Mar, 2017 |
Modicare Limited News
Godfrey Phillips executive director Samir Modi alleges threat from mother, seeks police protection
Samir Modi seeks protection from Delhi Police amid estate distribution feud with mother, alleging threats from Bina Modi and Lalit Bhasin. He heads businesses like Colorbar Cosmetics and Modicare. Legal battle in the Supreme Court over trust deed.
Feud in Godfrey Phillips: Samir Modi accuses mother Bina of staging assault on him
A Godfrey Phillips spokesperson rejected the accusation. "These allegations are entirely false and atrocious," the person said. "The alleged episode occurred outside the board room when the audit committee meeting was in progress at about 12 noon. This has been captured on in-house CCTV cameras, which can be provided to the relevant investigating authorities."
Colorbar looks to go public in three years
Speaking to ET, managing director Samir K Modi said Colorbar will touch Rs 1,000-crore revenue next fiscal and expand in international markets. The company currently owns and operates Colorbar, 24Seven, and Modicare brands.
The motherhood penalty: It’s not fair to punish women professionals for having a baby
It’s an employer’s responsibility to help make the transition at work easier for new mothers.
New rules to bring clarity, provide legitimacy, say direct sellers
The government on Tuesday notified the Consumer Protection (Direct Selling) Rules, 2021. The rules notified by the nodal Consumer Affairs Ministry are to be complied with by both direct selling entities and direct sellers using e-commerce platforms for sale. The entities have to ensure compliance with the rules within 90 days. Henceforth, the direct selling companies will also be liable for the grievances arising out of the sale of goods or services by its direct sellers.
Direct Selling Association to seek clarity on 'minor issues' in draft norms
The draft norms by the Department of Consumer Affairs propose to bring direct selling under a regulatory framework under the Consumer Protection (Direct Selling) Rules. The ministry has sought comments and suggestions from stakeholders by July 21.
Swedish brand Oriflame warns customers of buying its products from unauthorised sellers
Orfilame said various products sold through e-commerce platforms and brick-and-mortar outlets have been found to be fake, the company has said in a newspaper advertisement on Thursday.
Direct selling industry crossed sales of Rs 7,500 crore in April-September: Report
With increased awareness about immunity, health and nutrition, the wellness segment registered the highest year-on-year growth of 20.45% during the period. Sales of cosmetics were also close to 20%, while homecare and household products grew 15.17%, the IDSA report said.
Nobel Laureate Abhijit Banerjee gives big thumbs up to Modicare
"Ayushman Bharat does something very important... Healthcare expenses wipe families out... so it serves an important gap in our economic structure...," he said during a press conference.
Direct selling companies see a spurt in jobs in tough market
The total number of direct sellers employed by these firms rose to 5.7 million in 2018-19 from 5.1 million in 2016-17.
* Ministry of Corporate Affairs, 2019, Company/LLP Data, (Government of India administrative body to govern and regulate corporate affairs through the Companies Act 1956 & 2013 including other allied Acts, Bills and Rules) http://www.mca.gov.in/, Updated as on 04 Dec, 2018.
Please Note: Data on this page may not be updated vis-à-vis company’s current credentials.