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Company Information

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BANARAS BEADS LTD.

27 December 2024 | 03:40

Industry >> Textiles - General

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ISIN No INE655B01011 BSE Code / NSE Code 526849 / BANARBEADS Book Value (Rs.) 81.77 Face Value 10.00
Bookclosure 01/08/2024 52Week High 170 EPS 4.15 P/E 30.58
Market Cap. 84.11 Cr. 52Week Low 82 P/BV / Div Yield (%) 1.55 / 1.58 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
YEAR EVENTS 1980 - The Company was incorporated as a Private Limited Company on the 10th April 1980. It was converted into a Public Limited Company on 26th October 1994. The Company manufactures glass beads, imitation jewellery gold and silver jewelleries handicrafts. It was promoted by Ajit Kumar Gupta & Ray Kumar Gupta.

1994 - The company undertook to expand cum modernise its existing facilities for manufacture of glass beads, imitation jewellery, handicrafts and woollen products.

- It was proposed to automate the existing designs department with state of the art computer aided design systems including multi colour plotters and scanners related software.

- It was proposed to instal an on-line computer system and state-of-the-art communication network for effective monitoring of the company's various units and products. The company undertook to set up a project at NOIDA in UP for gold and jewellery.

1995 - 61,15,440 No. of equity shares issued to promoters. Another 5,31,000 No. of equity shares issued. 22,16,000 No. of equity shares of Rs 10 each were issued at a premium of Rs 75 per share to the public through a prospectus in February. Additional 7,900 shares were allotted.

2000 - Mr Tanmani Deva as appointed as Director of the company.

2003

-The Hon'ble Company Law Board issued Order and appointed M/s R.S.Ahuja & Co. Chartered Accountants, New Delhi as Valuer for division of the company.

2008

- E-mail ID for Investors Complaints:bbl.investor@banarasbead.com

2012

-Board recommends final Dividend of 15%.

2013

-Board has declared Interim Dividend for F.Y. 2012-2013 @ 25% on equity share capital (Rs.2.50 per share).

2014

-Company has recommendation of Dividend @ Rs. 2.00 per share (@ 20% on equity share capital) for the F.Y 2013-14.