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Balurghat Technologies Ltd
NSE: BALURTRANS BSE: 520127
₹12.48
(0.08%)
Tue, 28 Jul 2026, 11:53 am
Market Cap (in Cr)22.82
PE Ratio27.25
Dividend0
Transportation
Trucking
24.5KCompany History
1993
- The Company was incorporated on 30th June by converting a partnership firm M/s Balurghat Transport Company into a joint stock company.
- The Company obtained a Certificate for Commencement of Business on 2nd July.
- The Company was promoted by Uttam Chand Sethia and Bachhraj Sethia.
1994
- The Company proposed expansion of its transport business by adding new trucks and hired transport.
- The Company proposed to export diamonds, precious stones, semi-precious stones and other related activities.
- An additional outlet pump and motor spirit outlet pump were to be installed at the existing oil station at Khejurighat in Malda district.
- 30,00,000 equity shares of Rs 10 each were issued, subscribed and paid up.
- 152,00,000 equity shares were issued at par in June 1994.
1995
- The Company's margin was under pressure due to stiff competition and fluctuations in the lorry hire market.
- The sale of petroleum products suffered due to short supply throughout the year.
1996
- The Company's operations were affected due to general election, restriction on carriage of forest products and natural calamities.
1997
- The Company's profitability was affected due to general economic depression.
2000
- The Company changed its name from Balurghat Transport Company Ltd to Balurghat Technologies Ltd.
- The Company entered into an agreement with CDSL and MCS Ltd, Calcutta for dematerialisation of shares.
2003
- The Company delisted its equity shares from Jaipur, Madras and Kolkata Stock Exchanges.