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Banaras Beads Ltd logo

Banaras Beads Ltd

NSE: BANARBEADS BSE: 526849

₹101.11

(1.59%)

Thu, 25 Jun 2026, 08:58 am

Company History

1980

  • The Company was incorporated as a Private Limited Company on 10th April 1980, and it was promoted by Ajit Kumar Gupta and Ray Kumar Gupta.
  • The Company manufactures glass beads, imitation jewellery, gold and silver jewelleries, and handicrafts.

1994

  • The company undertook to expand and modernise its existing facilities for the manufacture of glass beads, imitation jewellery, handicrafts, and woollen products.
  • The company proposed to automate its designs department with state-of-the-art computer-aided design systems, including multi-colour plotters and scanners, and related software.
  • The company proposed to install an on-line computer system and a state-of-the-art communication network for effective monitoring of its various units and products.
  • The company undertook to set up a project at NOIDA in UP for gold and jewellery, and it was converted into a Public Limited Company on 26th October 1994.

1995

  • 61,15,440 equity shares were issued to promoters, and 5,31,000 equity shares were issued to others.
  • 22,16,000 equity shares of Rs 10 each were issued at a premium of Rs 75 per share to the public through a prospectus in February, with an additional 7,900 shares allotted.

2000

  • Mr. Tanmani Deva was appointed as a Director of the company.

2003

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

2008

  • The Company established an email ID, [emailid], for investor complaints.

2012

  • The Board recommended a final dividend of 15%.

2013

  • The Board declared an interim dividend for the financial year 2012-2013 at 25% on equity share capital, which is Rs. 2.50 per share.

2014

  • The Company recommended a dividend of Rs. 2.00 per share, which is 20% on equity share capital, for the financial year 2013-14.

2023

  • The Company received the Northern Region Export Excellence Award, a Gold Trophy, for outstanding export performance in the multi-product MSME category by the Federation of Indian Export Organisations.

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