Kuwait Dairy Company, a Kuwaiti shareholding company (closed), was established in accordance with the Commercial Law on June 7, 1978. Its primary focus is on the production, packaging, processing, sale, and distribution of fresh dairy products. The company is registered in the commercial register under No. 26776.
Company Capital:
- The capital of Kuwait Dairy, as stated in the annual financial report for the fiscal year ending December 31, 2018, was KD 2,050,000. It was distributed among 20,500,000 shares with a nominal value of 100 fils per share.
- In an Extraordinary General Assembly held on April 10, 2019, Kuwait Dairy approved a capital increase from KD 2,050,000 to KD 2,255,000. This increase was achieved by distributing bonus shares at a rate of 10% to shareholders, resulting in a total number of capital shares of 22,550,000.
- In another Extraordinary General Assembly held on May 12, 2020, Kuwait Dairy further increased its capital from KD 2,255,000 to KD 2,500,000. It was distributed among 25,000,000 shares of 100 fils each, fully paid in cash.
- In the most recent Extraordinary General Assembly held on April 6, 2021, Kuwait Dairy approved a capital increase from KD 2,500,000 to KD 2,750,000. This increase led to a distribution of 27,500,000 shares with a nominal value of 100 fils each, fully paid in cash.
- Presently, Kuwait Dairy's authorized, issued, and paid-up capital is KD 3,000,000, distributed among 30,000,000 shares with a nominal value of 100 fils per share, fully paid in cash.
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