Bansal Wire Industries Ltd. Company History and Annual Growth Details

Our Company was originally incorporated as a private limited company under the name of “Bansal Wire Industries Private Limited” on December 11, 1985, under the Companies Act, 1956, pursuant to a certificate of incorporation issued by the RoC. Thereafter, our Company was converted into a public limited company pursuant to a resolution passed by our Board at its meeting held on September 5, 1995 and a special resolution passed by our Shareholders at their annual general meeting held on September 29, 1995, and the name of our Company was changed to “Bansal Wire Industries Limited”, and a fresh certificate of incorporation consequent upon conversion from a private limited company to a public limited company was issued by the RoC on November 13, 1995.

Key Milestones/ Key Firsts:

1985

Company Incorporated

1986

Recorded production of 102 tonnes in first month of incorporation

1991

Commenced Cable wire manufacturing

1995

Commenced stainless-steel wire production

2003

Commenced Manufacturing of Galvanized wire

2007

Commenced High carbon wires production

2015

Launched new products such as Spring Wires & Auto Cables of automotive industry

2018

Became Largest producer of S.S wire products

2022

Recorded export turnover of Rs. 385 Crores

2023

BSPL being made a subsidiary