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Bengal & Assam Company Ltd. Company History and Annual Growth Details

Bengal & Assam Company Limited (BACL) was originally incorporated as Bengal
& Assam Investors Limited as a Public Company under the Companies Act, 1913 on 30th January 1947 with its Registered Office at 7, Council House Street, Calcutta 700 001. The name of the Company was subsequently changed to Bengal & Assam Company Limited w.e.f. 2nd June 1982. The Registered Office of BACL was shifted from the State of West Bengal to the National Capital Territory of Delhi with due approvals w.e.f. 4th September, 2002. Accordingly the Registered Office of the Company is located at Link House, 3 Bahadur Shah Zafar Marg, New Delhi 110 002. The Company Identification Number is U 67120 DL1974 PLC 116830. The main objects of the Company are as set out in the Object Clause of the Memorandum of Association of the Company. BACL is primarily engaged in the business of holding investments and other financial assets of group companies. BACL is duly registered as a Non-Banking Financial Company (NBFC) with Reserve Bank of India (RBI), New Delhi.

BACL since its inception is primarily engaged in the business of holding
investments and other financial assets of group companies. BACL is duly registered as a Non-Banking Financial Company (NBFC) with Reserve Bank of India (RBI), New Delhi.

BACL has been carrying on the business of investments from its inception. The
book value of investments of BACL, Pre-Scheme, were of Rs.72.51 Crores and Post-
Scheme are of Rs. 282.54 Crores. The investments are held largely in groups listed and unlisted companies.

BACL will continue to carry on the business of investments. Its income comprises
of dividends received from investee companies ,interest income, rental income, etc.