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About Lotus Chocolate Company
Lotus Chocolate Company (LCCL) was promoted in 1988 by T Sarada and Vijayaraghavan Nambiar. At present, it is a subsidiary of Sunshine Allied Investments, Singapore. Its works is situated at Doulatabad in Andhra Pradesh.
The company came out with its initial public offering in Oct.'91, aggregating Rs 2.2 cr, to part-finance its Rs 8.4-cr project to manufacture cocoa and chocolate products for the export as well as the domestic market. It has a range of choco treats like Chuckles, Supercar, Tango Cashew, Tango Almond, Mystique Coffee and Mystique Orange.
The company launched On & On sugar coated milk choco-treat in south India. LCCL was troubled by accumulated losses brought about by a delay of one-and-a-half years in the implementation of the project. LCCL retained Chocolate Confectionery Consultancy, UK, to provide technical services.
The company has also entered into a marketing agreement with Cocoa Specialities, Malaysia, for the export of its entire production of cocoa derivatives and bulk chocolate.
During the year 1999, a theme-based chocotreat - Kiddies and Pineapple Eclairs were launched and in the year 2000 three new products i.e. Malty's, Fun and Magiq were lauched and the consumer response has been encouraging.
The Company is also concentrating on the export of Chocolates and Cocoa Powder to Nigeria and United States of America.
Parent Organisation
Indian Private
Managing Director
Bharathan Rajagopalan Thatai
Founded
1988
NSE Symbol
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10th July, 2024
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Lotus Chocolate Co Ltd FAQs
What is the share price of Lotus Chocolate Co Ltd (Lotus Chocolate Co Ltd) shares?
Lotus Chocolate Co Ltd (Lotus Chocolate Co Ltd) share price as of October 11, 2024, on NSE is Rs 1797.55 (NSE) and Rs 1797.55 (BSE) on BSE.
Can I buy Lotus Chocolate Co Ltd (Lotus Chocolate Co Ltd) from Angel One?
Yes, You can buy Lotus Chocolate Co Ltd (Lotus Chocolate Co Ltd) shares by opening a Demat account with Angel One.
How do I buy Lotus Chocolate Co Ltd (Lotus Chocolate Co Ltd) from Angel One?
Lotus Chocolate Co Ltd (Lotus Chocolate Co Ltd) share can be bought through the following modes:
1. Direct investment: You can buy Lotus Chocolate Co Ltd (Lotus Chocolate Co Ltd) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Lotus Chocolate Co Ltd (Lotus Chocolate Co Ltd) shares.
1. Direct investment: You can buy Lotus Chocolate Co Ltd (Lotus Chocolate Co Ltd) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Lotus Chocolate Co Ltd (Lotus Chocolate Co Ltd) shares.
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