The Government of Kerala accorded sanction for formation of ‘Ex-servicemen Development Corporation’ in the state vide Government Order No G.O. (Ms) No 588/95/GAD dated 14.12.1995 and appointed the Director of Sainik Welfare as a Special Officer for the formation of the Corporation and preparation of Memorandum and Articles of Association vide G.O. (MS) No 85/96/GAD dated 26.3.1996.
The Government sanctioned the registration and functioning of the Corporation viz “THE KERALA STATE EXSERVICEMEN DEVELOPMENT AND REHABILITATION CORPORATION’ (known by its short name ‘KEXCON’) with an authorized share capital of Rs 50 Lakhs. Its Memorandum of Association and Articles of Association were approved vide GO No 409/2000/GAD dated 23rd June 2000. KEXCON was established on 3rd December 2001 and became functional under General Administrative Department (Sainik Welfare) of the Government of Kerala.
It is a Public Sector Undertaking wholly owned by Government of Kerala, established for the development and rehabilitation of Ex-Servicemen and their dependents. It was registered under Section 2 (35), 3(1) of Company’s Act 1956 as a Private Company. Since the Government of Kerala has made the initial capital investment of Rs. Fifty Lakhs for the company, KEXCON has also been registered as a Government Company under Section 617. As such it is a Public Sector Undertaking of Kerala State.
The first board meeting of the Corporation was held on 20th November 2002, which was presided over by Smt.Lissy Jacob, IAS, Chairman in-charge and attended by the first Managing Director Colonel PVV Menon (Retd)and two secretaries to the Government. The office of the Corporation was initially set up in a rented building at Rose Lane, Vazhuthacaud, Trivandrum. It was then shifted to the present rented building at TC 25/838, Opposite Amritha Hotel, Thycaud, Trivandrum in the year 2012. The Corporation undertakes various works / services within the geographical jurisdiction of Kerala State, which are controlled from its head office and there are no branch offices.
Kexcon Pay & Park Project
House of Skills - Solar Energy Project
Uniform & Garments Manufacturing Project
Neethi Medicals Project