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Bombay Oxygen Investments Ltd. Company History and Annual Growth Details

YEAR EVENTS
1960 - The Company was incorporated on 3rd October at Mumbai. The main
objective of the company is to manufacture oxygen and acetylene.

- 76,500 shares issued to Promoters, etc. 73,500 shares offered
for public subscription.

1962 - Equity shares were fully called-up.

1969 - 1,110 No. of Equity shares forfeited for non-payment of calls.

1972 - Raptakos, Brett & Co. Ltd., became a subsidiary of the Company
with effect from 25th January.

1976 - The Company entered into a technical collaboration agreement with
General Electrodes & Equipment Ltd., who were the partners of
M/s. Griesheim GmbH, the well-known firm of West Germany in gas
industry, for the production and supply of industrial gases in
Maharashtra and other parts of India.

1978 - The Company entered into a fresh long-term agreement with
Mahindra Ugine Steel Co. Ltd., to meet their additional
requirements of oxygen and nitrogen gas.

- The Company purchased land in the Pimpri Bhosari Industrial Area
from Maharashtra Industrial Development Corporation in order to
implement its expansion at Pune.

1979 - The Company was appointed as distributors of argon gas for the
Maharashtra State by Gujarat State Fertilisers Co. Ltd.

- 1,110 forfeited shares reissued at par.

1980 - The Company entered into a long-term agreement with Polychem
Ltd., for the supply of oxygen and nitrogen gases through
pipeline to their vinyl acetage monomer factory at village
Nimbut, Pune district.

- Union Carbide Corporation, U.S.A., appointed the Company as their
indenting agents for speciality gases and related products.

1981 - The Company finalised another long-term agreement to supply
oxygen and nitrogen gases through pipeline to Special Steels
Ltd., at Tarapur.

1984 - Labour trouble resulting in the closure of the Kalwe Unit of
Mukand Iron & Steel Works Ltd., affected the working of the
Company's Kalwe factory.

1989 - As on 31st March, the company is holding 99.70% of the equity and
100% in preference capital of the routine preference capital of
their subsidiary Raptakos, Brett & Co. Ltd.

- As at 31st March, the company revalued its land at Mulund,
factory buildings at various sites and cylinders and the
resultant surplus was credited to revaluation reserve account.

2005

-Bombay Oxygen Corporation has recommended payment of dividend of Rs 20/-

2006

-Bombay Oxygen Corporation has recommended payment of dividend of Rs 20/-

2007

-Bombay Oxygen has recommended Dividend of Rs 11/- per share

2009

-Bombay Oxygen has proposed a dividend of Rs 20/- per share on equity shares of face value of Rs 100/- each

2010

-Bombay Oxygen has proposed a dividend of Rs. 20/- per share on equity shares of face value Rs. 100/- each

2012

-Bombay Oxygen Corporation has proposed a dividend of Rs. 20/- per share on equity shares of face value Rs. 100/- each

2013

- The Company has recommended dividend of Rs. 5/- (previous year Rs. 20/-) per Equity Share.

2014

- Appointment of Mrs. Aruna Kantikumar Kanoria as Additional woman Director of the Company.

- Appointment of Ms. Hema Renganathan, Vice President (Commercial) as a Manager of the Company

- Mr. Balwant Raj Jain, Company Secretary in place of Mr. Bhupesh P. Mehta, General Manager (Accounts & Finance) as the Compliance Officer of the Company.

- Ms. Hema Renganathan, Vice President (Commercial) as a Manager of the Company.

2018

-Company name has changed to Bombay Oxygen Investments Ltd. from Bombay Oxygen Corporation Ltd.

2019

-The Company''s Registrars and Transfer Agents - TSR Darashaw Limited (''''TSRDL'''')informed that their Registry Business stands transferred to a new entity TSR Darashaw Consultants Private Ltd. effective May 28,2019, pursuant to the de-merger of the Registry business from TSRDL to TSRDCPL.

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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