|BWPL is a part of KPR group of companies comprising Bhagynagar Pipe Industries P Ltd., Balaji Amines Ltd., Flowell Pump Industries, Balaji Cement Products., and Bharathi Cement products. The combined group turnover is around Rs. 20.00 crores. Bhagyanagar Wood Plast Ltd(BWPL) was promoted by Shri N Kishna Reddy, A Pratap Reddy and their associates in the year 1988 for manufacture of PVC foam Panels/Pipes at village Nanikandi, Medak district, AP.
However due to the Foreign exchange constraints, the Foreign currency could not be arranged. Hence, now arrangements have since been made for the required foreign currency and the project implementation is taking place without any further delay. HUDCO has already disbursed a sum of Rs. 88.00 lakh term loans. The installed capacity of the plant will be 3384 mtpa. The project was orginally conceived to manufacture PVC Panels and profiles.
2000 - Bhagya Soft, a division of the Hyderabad-based Bhagyanagar Wodplast Ltd.
has launched bhagyastock.com, an online stocks investment portal.
- The Company has signed agreement with CDSL & NSDL for dematerialisation.
-Company has changed its name from Bhagyanagar Wood Plast Ltd. to Sri KPR Industries Ltd.
-Sri KPR Industries Ltd has approved the Scheme of Amalgamation between M/s. Sri KPR Industries Limited (formally known as M/s. Bhagyanagar Wood Plast Limited), and M/s. Sri Venkateswara Pipes Limited.