Tuesday, November 17, 2009

Mr. K. ULLAS KAMATH

Deputy Managing Director
Jyothy Laboratories Limited
Topic-"Simple Success Story of Jyothy Laboratories"
Date-16th November2009
Education :
Master of Commerce
Bachelor of Law
Fellow of Institute of Chartered Accountants of India
Associate of Company Secretaries of India
Advanced Management Program
(Wharton Business School, USA – 2004)
Advanced Management Program
(Havard Business School, USA – 2008)
Age : 45 years
Industrial Management Training – Widia India Ltd- 1986-87
Working for Jyothy Laboratories Limited as Deputy Managing Director for the last 18 years.
Traveled extensively both in India and abroad on various business delegations on behalf of Govt. of India and Govt. of Karnataka.
Winner of ICAI BUSINESS ACHIVER AWARD – 2008 (SME)
Brief note on Achiever award:
Business Achiever Award in the SME segment at ICAI 2008 awards organized by The Institute of Chartered Accountants of India. The awards are instituted to recognize and honour the achievements of fellow Chartered Accountants in professional, personal and community services. Mr.K.Ullas Kamath has joined Jyothy Laboratories Limited (JLL) 17 years ago and has been the main driving force in transforming Jyothy from a proprietary concern to a multi-brand FMCG corporate with key brands like Ujala, Maxo, Exo and Jeeva.
In 2008, JLL diversified into services sector with the launch of its new venture called 'Fabric Spa'. The service is introduced with the objective to provide world-class laundry service at affordable prices at your doorstep.
JLL has been a debt-free company for the last 15-years and has been credited with the success of JLL's IPO offering in the year 2007. Mr.Ullas Kamath also helped in creating direct employment to the needy in rural areas – over 2,000 in manufacturing and 1,500 in sales force and set up projects in backward areas like Mehboob Nagar (AP), Bishnupur (WB), Guwahati (Assam), Jammu, Roorkee (Uttrakhand), Silvassa (Dadra & Nager Haveli), Wayanad (Kerala).
Brief note on Jyothy Laboratories Limited:
Jyothy Laboratories Ltd. was founded in 1983 by Mr. M P Ramachandran. The company was incorporated as Jyothy Laboratories Private Ltd in 1992. Later, in 1996, it was modified to Jyothy Laboratories Ltd. Over the years the company has evolved from a single product proprietary firm into a multi brand company involved in the manufacturing and marketing of fabric whiteners, mosquito coils, soaps, detergents and incense sticks. The company has attracted investments by various well known private equity investors like Baring India Investment Ltd, CDC Financial Services, CLSA and ICICI Bank Canada and UK, who have invested in the company's growth.
JLL is a fast moving consumer goods company with a turnover of over Rs.600 Crores, in the Fabric care, household insecticide, surface cleaning, personal care, and air care segments of the Indian market and offer branded products including fabric whitener, mosquito repellent, dishwashing, bath and incense products. The company has 21 manufacturing facilities in 14 locations across India.

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