The Comp. was incorporated as a Public Limited Comp. on the 21st January 1992 with the Registrar of Companies, Gujarat, Dadra & Nagar Haveli at Ahmedabad. The Certificate of Commencement of Business was obtained on the 29th January 1992.
Meanwhile, Polson Limited, a Comp. which is well-known for dairy products, filed a case against the Comp. over the use of its trade name. A temporary injunction was passed by Delhi High Court, thereby restraining the Comp. from entering the capital market under its former name. The Comp. has now changed its name to Dairyfield Limited, & the temporary injunction has been vacated by Delhi High Court vide its order dated the 26th October 1994. A fresh Certificate of Incorporation was obtained by Comp. in the name of Dairyfield Limited on the 21st October 1994.
The change of name has been approved by Government of India, Ministry of Law, Justice & Comp. Affairs, Department of Comp. Affairs, vide their letter No.16978/TA/93-94 dated the 1st October 1994.
The Comp. has set up a Dairy for processing of 2 lac litres of milk per day.
The Company, at present, doesn't have any subsidiary.