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Belrise Industries Ltd

NSE: BELRISE BSE: 544405

216.46

(0.77%)

Mon, 08 Jun 2026, 04:03 pm

Company History

1996

  • Incorporation of our Company as ‘Badve Engineering Private Limited’

1997

  • Setup a manufacturing plant in Aurangabad.

2001

  • Setup an additional manufacturing plant for a large two-wheeler manufacturing OEM.

2004

  • Setup a manufacturing plant in Ranjangaon near Pune.

2007

  • Setup a manufacturing plant in Uttarakhand for a large two-wheeler manufacturing OEM.

2008

  • Company converted into ‘Public Limited Company’

2010

  • Ventured into four-wheeler commercial vehicles space for supply of chassis frames (CV)

2011

  • Ventured into four-wheeler commercial vehicles parts supply space for Ashok Leyland Limited

2012

  • Started supply of chassis to Honda Motors & Scooters India Private Limited and components to VE Commercial Vehicles Limited
  • Company reached a turnover of ? 10,000.00 million.

2016

  • Achieved a turnover of over ? 25,000.00 million
  • Ventured in new product line of suspension systems with acquisition of the suspension division from an international OEM near Pune.

2017

  • Setup a manufacturing plant facility for supply of frames and silencer parts, in Gujarat.
  • Commenced supply of components to Jaguar Land Rover Automotive PLC (JLR) in Europe.
  • Established a wholly owned subsidiary ‘Badve Engineering Trading FZE’ in Ras Al Khaimah Free Zone, UAE

2022

  • Ventured into the EV space with supply of suspension system to EV OEMs.
  • Company was rebranded as ‘Belrise Industries Limited’

2023

  • Obtained the rights to utilize the technology to manufacture hub motors pursuant to a technology transfer agreement with a prominent Chinese motor manufacturer.

2024

  • Ventured into renewable energy products and received an LOI from a major North American solar power company, Nextracker LLC.
  • Started supply of Exhaust Systems for a CNG-powered vehicle.
  • Entered into a business transfer agreement for transfer of machinery and contracts pertaining to the business to the Company.