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BIL Vyapar Ltd

NSE: BILVYAPAR BSE: 500059

5.24

(-4.20%)

Sun, 05 Apr 2026, 00:19 pm

Company History

1962

  • The company was incorporated on 2nd August, at Calcutta.
  • The company's object was to manufacture zinc and its by-product sulphuric acid and cadmium.
  • Consolidation Mining and Smelting Company of Canada, Ltd., Montreal, Canada were the company's collaborators.

1964

  • 7 shares were subscribed for by signatories to the Memorandum of Association.
  • 8,40,000 shares were taken up by Consolidated Mining and Smelting Co. of Canada, Ltd.
  • 4,20,000 shares were taken up by Metal Distributors, Ltd.
  • 8,39,993 shares were issued through a prospectus during May.

1968

  • 2 forfeited shares were reissued.

1974

  • 2,188 forfeited shares were reissued.

1977

  • 16,80,000 Bonus shares were issued in prop. 4:5.

1988

  • The company proposed to install a modern melting and casting facility.

1994

  • The company undertook to diversify into core business sector and was in the process of setting up glass fibre and cement projects.
  • The company offered 2,00,000 shares of Rs.100 each at a prem. of Rs.800 per share to consolidate the company's capital base and further augment long term resources.
  • 1,89,000 Bonus equity shares were issued in prop. 1:2.
  • Equity shares were subdivided.

1995

  • A new 5.3 MW DG set was installed and commissioned.
  • The company issued 100,00,000 No. of equity shares of Rs.10 each for cash at a prem. of Rs.220 per share.
  • The name of the company was changed from Cominco Binani Zinc Ltd. to Binani Industries Ltd.
  • Rs.7.50 was called up on 79,51,200 partly paid equity shares.

1996

  • The company proposed to acquire one more DG set of 10 MW capacity.
  • The fibre glass plant started building up a capacity leading to product stabilisation in October.

1997

  • The company proposed to double the capacity of its zinc smelter in Binanipuram.
  • A scheme of arrangement was entered into between the company and Binani Cement Ltd. for transfer of the cement division of the company to a wholly owned subsidiary, BCL.
  • 4,550 forfeited shares were reissued.

1998

  • Efforts were being made to start the additional captive generation by March.
  • An additional capacity of 1.5 million tonne was being added at the company's existing facility at Sirohi in Rajasthan.
  • The company proposed to set up a greenfield unit with a capacity of two million tonne.
  • The company set up its own captive thermal power station with a capacity of 27 MW.
  • The company acquired mines and smelter for copper and cobalt manufacturing in Zambia.
  • Binani Metals, the group's UK venture, set up its own cement grinding unit in Dubai and ventured into the tea plantation business by buying out tea gardens in Zambia.

1999

  • The company proposed to set up a 75,000-100,000 tpa lead smelter in the western region.
  • BIL shifted its glass fibre business to Vishakha Enterprises (India) Ltd (VEL), a wholly-owned subsidiary, with effect from October 1, 1998.

2000

  • The Company proposed to delist its securities from the Cochin Stock Exchange Ltd. and Madras Stock Exchange Ltd.
  • Binani Industries Ltd. was awarded the 'Certificate of Merit' for its performance in the field of exports during the year 1998-99.
  • Binani zinc, a division of Binani Industries Ltd., received the ISO 14001 certification.
  • The Board approved the proposal for merger of Binani Lead Ltd., with Goodwill Equity & Finance Ltd., a wholly owned subsidiary of the Company.
  • The Company re-issued 490907 balance forfeited equity shares of Rs 1/- each.
  • The Company spun off its zinc business to a newly formed subsidiary Binani Zinc Ltd.
  • The Company doubled its zinc smelter capacity to 60,000 tonne per annum in the first phase.

2001

  • Goodwill Equity & Finance Ltd., a wholly-owned subsidiary of the company, appointed Mr. Braj Binani as its Chairman and Managing Director.

2003

  • The Board approved voluntary delisting of Shares from Madras and Kochi Stock Exchanges.

2004

  • The shares of the Company were delisted from the Madras Stock Exchange.
  • The Kolkata High Court approved the scheme of arrangement for hive off the Zinc Division of the company to Binani Zinc Ltd., (BZL) w.e.f April 01, 2002.
  • The Board approved voluntary delisting of Shares from Madras and Kochi Stock Exchanges.

2005

  • Mr. Braj Binani tendered resignation as Chairman & Managing Director (CMD) of the Company and its Subsidiaries.
  • Binani Industries entered into a Sale & Purchase Agreement with Silver Peak Investments.

2007

  • Mr. Naresh Chand Singhal was appointed as Additional Director.

2008

  • Mr. Sushil Bhatter ceased to be a Director of the Company.
  • Mr. Sunil Sethy was appointed as Additional Director / Managing Director for a period of 5 years from November 03, 2008 to November 02, 2013.

2009

  • Ms. Nidhi Binani was inducted as an Additional Director.
  • Mr. S.N.Sridhar was appointed as 'Sr. Vice President - Corporate Legal & Company Secretary & Compliance Officer' of the Company.
  • The company received the ITC CII Sustainability Award 2009.
  • The company received the Greentech Environment Excellence Gold Award 2009.
  • The company received the Indian Institute of Metals – Non-Ferrous Best Performance Award, 2009.

2010

  • The company recommended a declaration of dividend at 30%.
  • The company received the National Safety Award (Runner-up) 2010.
  • The Registered Office of the Company was shifted to 37/2, Chinar Park, New Town, Rajarhat Main Road, P.O. Hatiara, Kolkata - 700 157.

2011

  • The company recommended a declaration of dividend at 30%.
  • Mr. V. Subramanian was appointed as an additional Director of the Company.
  • The company received the National Safety Council (I) Safety Awards-2011.

2012

  • Mr. Atul Falgunia was appointed as 'Compliance Officer.
  • Mr. Sudhakar Rao was inducted as an Additional Director.
  • Binanai Group acquired a Belgian company for 275 million euros.
  • Ms. Shradha Binani was inducted as an Additional Director.
  • Mr. K. K. Saraf joined the Company as President & Company Secretary & Compliance Officer.
  • The company received the National ASSOCHAM CSR Excellence Award 2012.

2013

  • Mr. Rahul Asthana was inducted as an Additional Director on the Board of the Company.
  • The Board of Directors recommended a dividend of 30% (Rs. 3/- per Equity Share).
  • The Registered Office of the Company was shifted from old address to 601, Axis Mall, 6th Floor, Block C, Action Area -1, New Town, Rajarhat, Kolkata - 700156.

2014

  • The company recommended a dividend of 30% (Rs. 3/- per Equity Share).

2025

  • The company name was changed to BIL Vyapar Ltd. from Binani Industries Ltd.

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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