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Banco Products (India) Ltd logo

Banco Products (India) Ltd

NSE: BANCOINDIA BSE: 500039

₹654.80

(-0.82%)

Thu, 26 Feb 2026, 01:12 am

Company History

1961

  • The company was incorporated.

1987

  • Project for manufacture of industrial radiators was financed through private placement of secured non-convertible debentures with UTI.

1988

  • Commercial production commenced.

2007

  • Company issued Bonus Shares in the Ratio of 1:1.
  • Company split its face value from Rs 10 to Rs 2.

2008

  • Banco Products appointed Shri. Pankaj M Kadakia as Additional Director.
  • Banco Products appointed Shri. Shailesh A Thakker as Additional Director and Executive Director and CFO.
  • Company split its face value from Rs10 to Rs2.

2009

  • Banco Products appointed Shri. S. K. Duggal as Director.
  • Banco Products appointed Shri. Manubhai G. Patel as Director.

2010

  • Company acquired 100% Equity shareholding of NEDERLANDSE RADIATEURN FABRIEK B.V. - Netherlands.
  • Company commenced manufacturing unit at Rudrapur.

2011

  • Banco Products acquired 0.20% Equity Shares of Kilimanjaro Biochem Limited.
  • Banco Products made an investment in 100% Equity shareholding of Lake Minerals (Mauritius) Limited.
  • Company commenced manufacturing unit at Rudrapur.

2012

  • Board recommended a Dividend of Rs 2.50 or 125%.
  • Commercial production of Radiators started at its manufacturing facilities.

2013

  • Banco Products won the Best Supplier Award for overall performance.
  • Banco Products won the Excellent ACE Support Award in India ABO Supplier Conference.
  • Banco Products won the Annual Commodity Award for superior performance.
  • Board recommended a Dividend of 90% or Rs. 1.80 Per Equity Share.

2014

  • Shri Vimal K. Patel resigned as a Director and became Chairman of the company.

2015

  • Banco Products started production at its Zaheerabad unit.

2018

  • Company's BOD recommended Final Dividend of 5.80 per equity share.

2024

  • The Company has issued Bonus Shares in the Ratio of 1:1.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800