The company was originally incorporated in the state of Maharashtra as ‘Premier Corporate Services Private Limited’ on July 1, 1986 under the companies act 1956 and subsequently converted into a Public Limited Company by passing a Special Resolution at the extra-ordinary general meeting held on September 10, 1994 under Section 31 of the Companies Act, 1956 and obtained a fresh certificate of incorporation on October 3, 1994. Subsequently the name of the company was changed from ‘Premier Corporate Services Limited ’to ‘Corporate Couriers Limited’ and a certificate of change of name was obtained on October 5, 1994. The company then came out with a Public Issue of 22,00,000 equity shares on December, 19 1994.
Unfortunately due to an unsuccessful association with the International collaborator and other market related factors post 1995, the company was unable to sustain itself in the market. However the company has been rechristened as ‘Corporate Courier and Cargo Limited’ and now in the year 2011 there has been a positive resurgence due to encouraging trends in the Courier and Cargo industry.
Business area of the company:
The company provides logistics services in India. It also constructs residential and commercial projects; and provides engineering services.