Capital Maharaja Group
Formerly | Mahadevans Limited |
|---|---|
| Private | |
| ISIN | 🆔 |
| Industry | Conglomerate |
| Founded 📆 | 1930 |
| Founder 👔 | Subramaniam Mahadevan Sinnathamby Rajandram |
| Headquarters 🏙️ | Colombo |
Area served 🗺️ | |
Key people | Sashi Rajamahendran (Chairman) Sunil Kanojia (CEO) |
| Products 📟 |
|
| Services | |
| Owner | Maharaja family |
| Members | |
Number of employees | |
| Subsidiaries | MTV Channel |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
The Capital Maharaja Group (CMG) is a private firm founded in 1930[1] by S. Rajandram and S. Mahadevan[2] owned by Rajandram Rajamahendran (who is also the chairperson) and Sashidharan Rajamahendran.[3]
Introduction
Headquartered in Colombo, CMG is one of Sri Lanka’s largest media conglomerates[4] with the single most comprehensive CSR program.[5] Its subsidiaries are: MBC Networks (Pvt) Limited and MTV Channel (Pvt) Limited.[6] CMG works in the following industries: chemicals, electronics, media, health and hygiene products, ICT, infrastructure, logistics, plastics, real estate, shipping and tea.[7]
History
In 1939 S. Rajandram and S. Mahadevan bought out two US-owned trading companies, L D Seymore and Dodge & Seymore.[8] This was the first time there had been a management buyout in Sri Lanka.[9] In 1967 when the firm was incorporated, it bought A F Jones Exporters Limited.[10]
In the 1980s CMG started importing and distributing Anchor milk which led to the construction of a milk powder factory soon thereafter. The New Zealand Dairy Board (Fonterra) partnered with CMG for branding.[11] Anchor milk became one of Sri Lanka’s top Milk Powder brands[12] and a second brand Raththi was then created which became Sri Lanka’s No. 2 brand in the Powdered Milk industry.[13]
In 1993, CMG was licensed to set up FM stereo radio channels.[14] It partnered with Singapore Telecom, establishing MBC Networks (Private) Ltd. Five years later CMG acquired Singapore Telecom’s shares.[15]
In 2006, Capital Holdings Limited became the holding company. In 2018 Shashi Rajamahendran was appointed as Managing Director of the firm.[16]
Partners
CMG’s partners include: National Institute of Information Technology (NIIT) of India, NTT Japan, Ybrant Partners,[17] SAP SuccessFactors (HR Solutions) and Concur (Travel & Expense Solutions),[18] HSBC,[19] HNB PLC,[20] A-PAD Sri Lanka,[21] International Cosmetics Private Ltd.,[22] Commonwealth Enterprise and Investment Council and [23] Harcros Chemicals (Pvt) Limited.[24]
References
- ↑ "CMG: 90 years young! | Daily FT". www.ft.lk. Retrieved 2021-10-18.
- ↑ "The Capital Maharaja Organisation Limited". sri-lanka.mom-rsf.org. Retrieved 2021-10-18.
- ↑ "The Capital Maharaja Organisation Limited". sri-lanka.mom-rsf.org. Retrieved 2021-10-18.
- ↑ "Sri Lanka : Capital Maharaja Group Chairman R. Rajamahendran passes away". www.colombopage.com. Retrieved 2021-10-18.
- ↑ "Don't Drink and Drive Campaign - CSR initiative hits the road". Sri Lanka News - Newsfirst. 2017-11-17. Retrieved 2021-10-18.
- ↑ "MTV/MBC Channels Pvt. Ltd - Capital Maharaja Group Email Formats & Employee Contacts". SignalHire. Unknown parameter
|url-status=ignored (help) - ↑ "Capital Maharaja Organisation". CWEIC. Retrieved 2021-10-18.
- ↑ "Capital Maharaja Organisation Ltd. - Relationship Science". relationshipscience.com. Retrieved 2021-10-18.
- ↑ "Group Highlights - Capital Maharaja". 34.93.64.123. Retrieved 2021-10-18.
- ↑ "BUSINESS TODAY -ComBank Named 'Best Bank in Sri Lanka' by FinanceAsia". businesstoday.lk. Retrieved 2021-10-18.
- ↑ "Sri Lanka trusts Anchor brand". Stuff. 2009-06-04. Retrieved 2021-10-18.
- ↑ "Fonterra initiates media agency review in Sri Lanka | Media". Campaign Asia. Retrieved 2021-10-18.
- ↑ "Log into Facebook". Facebook. Retrieved 2021-10-18.
- ↑ "MBC Radio Online 1.0.0 Free Download". mbc-radio-online.soft112.com. Retrieved 2021-10-18.
- ↑ "'Man of the People' Who Conquered Business World and Media Realm". CeylonToday. Retrieved 2021-10-18.
- ↑ "Shashi Rajamahendran, appointed Capital Maharaja MD". Daily News. Unknown parameter
|url-status=ignored (help) - ↑ "Ybrant Partners". www.ybrantpartners.com. Retrieved 2021-10-18.
- ↑ "BUSINESS TODAY - The Media Giant". www.businesstoday.lk. Retrieved 2021-10-18.
- ↑ "The Capital Maharaja Organisation selects HSBC as Cash Management Bank | Daily FT". www.ft.lk. Retrieved 2021-10-18.
- ↑ "Sri Lanka : HNB partners with Gammadda to develop Yaya 6 village in Anuradhapura". www.colombopage.com. Retrieved 2021-10-18.
- ↑ "Asia Pacific Alliance for Disaster Management Sri Lanka with A-PAD SL Sets Trend in Disaster Preparedness" (PDF). Connecting Business. Unknown parameter
|url-status=ignored (help) - ↑ "Black Knight named official personal care partner for SLC". Sri Lanka News - Newsfirst. 2015-02-19. Retrieved 2021-10-18.
- ↑ "CWEIC Welcomes The Capital Maharaja Organisation as Strategic Partner". CWEIC. 2019-01-29. Retrieved 2021-10-18.
- ↑ "Harcros Chemicals (Pvt) Limited (The Capital Maharaja Organisation Ltd.group company)". Grainews. 2021-10-18. Retrieved 2021-10-18.
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