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B L Kashyap & Sons Ltd. Company History and Annual Growth Details

Our Company was incorporated on May 8, 1989 under the
Companies Act as 'B. L. Kashyap and Sons Private Limited' with
the ROC and subsequently converted into a public limited company
on June 7, 1995 and the name was changed to 'B.L. Kashyap and
Sons Limited'.

Acquisition of BLK Furnishers & Contractors Pvt. Ltd.

On April 4, 2005, we acquired 11,000 equity shares of Rs. 10 each
of BLK Furnishers & Contractors Pvt. Ltd. ('BLK Furnishers') comprising
100% equity share capital of BLK Furnishers from our Promoters,
namely, Mr. Vinod Kashyap, Mr. Vineet Kashyap and Mr. Vikram
Kashyap. The consideration paid by us to the sellers of the equity
shares was Rs. 4.20 million. For details in relation to BLK Furnishers,
please see sub-section titled 'Our Subsidiaries and Associate Firm' of
this section.

Acquisition of Business from M/s. B.L. Kashyap & Sons (partnership firm)

Vide an agreement dated November 16, 2005 executed between our
Company and M/s. B.L. Kashyap & Sons (partnership firm), we acquired
the construction business of the partnership firm on a going-concern basis
as of November 15, 2005. The consideration paid by us to the partnership
firm was Rs. 2.63 million. In addition, M/s. B.L. Kashyap & Sons (partnership
firm) has agreed not to undertake or carry out business of providing
construction services or any other related services, which would
compete with our business.

Major events:

A chronology of some key events since the Company was incorporated is
set forth below:

Year Event

1989 Our Company was incorporated as a private limited company.
1995 Our Company was converted into a public limited company.
1996 Turnover for fiscal 1996 was Rs. 285 million.
1999 Turnover for fiscal 1999 crossed Rs. 500 million.
2004 Turnover for fiscal 2004 crossed Rs. 1,500 million.
2005 Turnover for fiscal 2005 crossed Rs. 3,000 million.
Ventured into interiors and furnishing business by acquisition
of 100% equity shares of BLK Furnishers & Contractors Pvt. Ltd.
Acquisition of construction business of M/s. B.L. Kashyap & Sons
(partnership firm).

Major events:

A chronology of some key events since the Company was incorporated is
set forth below:

Year Event

1989 Our Company was incorporated as a private limited company.
1995 Our Company was converted into a public limited company.
1996 Turnover for fiscal 1996 was Rs. 285 million.
1999 Turnover for fiscal 1999 crossed Rs. 500 million.
2004 Turnover for fiscal 2004 crossed Rs. 1,500 million.
2005 * Turnover for fiscal 2005 crossed Rs. 3,000 million.
* Ventured into interiors and furnishing business by
acquisition of 100% equity shares of BLK Furnishers.
* Acquisition of construction business of M/s. B.L. Kashyap &
Sons (partnership firm).

2007

- The Company has splits its face value from Rs10/- to Rs5/-.

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