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Batliboi Ltd. Company History and Annual Growth Details

The company was incorporated on 6th December, 1941 at Bombay as a
Private Limited company under the name of Bhogilal Menghraj & Co.
The name of Bhogilal Menghraj & Co. Pvt. Ltd. in 1956 which was again changed to Hansa Industrial Tools Company Private Limited in 1970.

The company was converted into public limited company on 19th November 1982. In the year 1983 the name of Hansa Industrial Tools Company Private Limited was changed to Batliboi Engineering Company limited.

In June, 1984 Batliboi Engineering Company Limited was amalgamated with Batliboi & Company Ltd. and consequently the name was again changed to Batliboi & Company Ltd. on August 16, 1984.

The main object of the company is manufacturing and marketing egineering Machinery and Equipment and Execution of Engineering and Turnkey projects.

The various foreign technical collaborators of the company are

1. Klopp works kg. West Germany.
2. Polytechnic, Czechoslovakia.
3. Barbar Colman, Company Rock Ford Illinois, U.S.A.
4. Peabody Holmes Ltd. U.K.
5. Ventilateron, West Germany.
6. Wheelabrator Air Pollution Control U.S.A.
7. Cincinnati Milacron inc; U.S.A.
8. Daikin Industries Ltd.Japan

Hydraulic & General Engineers Ltd., Batliboi International Ltd. are three subsidiaries of the company.

The machine tool and foundry divisions have obtained the ISO 9002 certification from RWTUV, Germany, for the manufacture of both conventional and CNC tools.

2006

-Batliboi has recommended dividend on equity shares @15%

2007

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

-Batliboi Limited has created e-mail ID for investor complaints [email protected].

-Batliboi Ltd has acquired Quickmill Inc., a Canada based Machine Tool Company for a consideration of approximately Rs 22 Crores in an all cash deal.

-Batliboi Ltd has acquired Quickmill Inc., a Canada based Machine Tool Company for a consideration of approximately Rs 22 Crores in an all cash deal.

2008

-The company has recommended dividend on equity shares @ 20%..


2009

-Batliboi Ltd has been amalgamated with Batliboi SPM Pvt. Ltd.

-Mrs. Shalini Shrivastav has been appointed as Compliance Officer of the Company.

2012

-Batliboi Ltd - Textile air engineering group expands its business in air engineering. offers solutions for automotive, glass, paper & pulp, electronic industries & hospital etc.

2013

-Ms. Prema Chandrashekhar has been appointed as the Chief Financial Officer of the Company.

2014

-Mrs. Sheela Bhogilal has been appointed as an Additional Director of the Company.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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