Subhash Dandekar the founder of the stationary brand Camlin, passed away on 15 July, at the age of 86, according to media reports. 

PTI reported that he was cremated in central Mumbai on Monday, and a condolence meeting will be held on Thursday (18 July). 

Camlin was founded in 1931 by brothers D P Dandekar and G P Dandekar. The stationery maker was then known as Dandekar & Co. The company was recognised as a private company in 1946 and later turned into a public limited company in 1998.

In 1960, under Dandekar, the company expanded and diversified to art materials from just stationery products and was renamed Camlin. In 1988, the company was named Camlin. 

In 2011, Kokuyo Co, a Japanese stationery maker acquired more than 50% stake in Camlin. 

After selling the popular artwork brand to Japan's Kokuyo, Dadekar was serving as the chairperson emeritus of Kokuyo Camlin. 

The deal enabled entry of Kokuyo products in India and Camlin expanded to other countries.

It is important to note, that he was also instrumental in the iconic 'Camlin Compass Box' for schools.