|The company has been promoted by Mr. Mohan H. Bhandari and his
two brothers Mr. Kiran H. Bhandari and Mr. Prakash H. Bhandari
as Bhandari Paper Products (P) Ltd. on 1st July. 1987 and
subsequently the assets and liabilities of a partnership concern
named as New India Packaging Company were taken over by the
company in 1987. Subsequently the name was changed to Bhandari
Industries Private Limited and converted into Public Limited
Company by passing a special resolution on 24/10/1994 and a
fresh certificate of incorporation was obtained on 27/10/1994
from Registrar of companies Maharashtra, Bombay.
The Managing Director Mr. Mohan Bhandari, is in the business for
last 12 years and the wholetime Directors. Mr. Kiran Bhandari
and Mr. Prakash Bhandari are associated with the Company since
inception in 1987. The products of the Company have a good
demand in the market and are well received and accepted.
The company has been in the manufacture of Paper Tubes and Paper
Containers for yarn industry and defence respectively. The
company has been supplying laminated paper containers used for
packing of ammunition to the Ministry of Defence till 1991. The
shift in technology in the defence industry and the reduction in
the Government's spending resulted in big reduction of defence
orders. The company initiated necessary steps and changed the
product mix with a thrust on paper tubes for synthetic textileayarn industry.
- Issue and allotment of bonus shares in the ratio of 2 (two) equity shares for every 1 equity share held .
-Bilcare Ltd has informed that at its meeting held on December 24, 2003 approved the allotment of 65,65,200 equity shares of Rs 10/- as fully paid bonus shares in the proportion of 2 equity shares for every 1 fully paid equity share held by them.
-Bilcare inaugurates first-of-its-kind 'Clinical Services' facility in India
- Bilcare Ltd has informed that Dr. Arthur J Carty and Prof. Dr. Bhojraj Suresh have been appointed as Directors on the Board of Directors of the Company with effect from July 09, 2009.