Birla Corporation Ltd
NSE: BIRLACORPN BSE: 500335
₹843.60
(1.74%)
Mon, 16 Mar 2026, 00:33 am
Market Cap63.78B
PE Ratio12.51
Dividend1.13
Company History
1919
- Incorporated at Calcutta to manufacture jute goods, calcium carbide, oxygen and acetylene gases, synthetic and viscose yarn, and cement.
1964
- Commissioned Oxygen & Acetylene Gas Unit in August.
- Entered agreement with Indian Oxygen for exclusive product sales.
1966
- Issued 398,906 bonus equity shares in proportion 1:4.
1967
- Redeemed 7.86% II Pref. shares on September 30.
- Issued 75,000 III 9.3% Pref. shares at par.
1969
- Entered agreement with Hindustan Steel Ltd. for blast furnace slag to set up Durgapur slag-cement plant.
1970
- Issued 1,894,527 bonus equity shares in proportion 1:1.
1979
- Issued 3,989,054 bonus equity shares in proportion 1:1.
1981
- Commissioned Durgapur Slag-Cement unit with fourth cement mill and ESP in March.
1982
- Undertook three-year modernisation of spinning unit.
- Amalgamated Bally Jute Co. Ltd. effective April 1; allotted 102,370 equity shares and 30,000 15% debentures.
- Revalued assets of Birla Jute Mills, Birla Carbide & Gases, Birla Synthetics, Bally Jute Mills, and Soorah Jute Mill as of April 1.
1983
- Installed two 4000 KW diesel generating sets at Birla Vikas Cement Unit.
- Name changed to Birla Jute & Industries Ltd. effective February 7.
- Cancelled 23,642 7.5% preference shares; issued 23,642 15% NCDs in lieu.
- Issued 461,848 equity shares to financial institutions in conversion of loans/debentures.
1984
- Issued 13.5% convertible debentures of Rs 230 each for Rs 11.5 crore.
- Issued 15% non-convertible debentures of Rs 100 each for Rs 8 crore.
- Issued 143,333 equity shares to LIC at premium Rs 20 in part conversion of loan.
1985
- Captive thermal plant of 4.5 MW commissioned at Chittorgarh in December.
- Issued 1,500,000 shares at par on July 1 in conversion of debentures.
- Issued 10,185,659 bonus equity shares in proportion 1:1.
- Converted Rs 30 per 13.5% convertible debenture into 3 equity shares on July 1.
1986
- Received letter of intent to increase spindles from 45,680 to 50,000; implemented.
1987
- Received letter of intent for 4,500 TPa hydrogen peroxide plant.
1988
- Introduced modern jute spreaders in Birla and Bally Mills.
- Cement capacity utilisation reduced at Chittor due to coal quality and labour issues.
- Birla Carbide & Gases production lower due to furnace shutdown.
1989
- Signed agreement to transfer Bally Jute Mills to joint venture Birla Odessa Industries Ltd.
- Signed collaboration with EMPRWERKE Germany for jute fibre door panels.
- Signed MOU with Maruti Udyog for door panels supply.
- Initiated fresh modernisation programme.
- Applied to convert furnaces to ferro-silicon production.
1990
- Cement and clinker production lower due to disruption at Chittor and labour unrest.
- Submitted application for Satna capacity expansion to 27.5 lakh tonnes.
- Allotted 2,000,000 14% secured redeemable NCDs to financial institutions.
1991
- USSR break-up affected sales; industry strike closed mills for seven weeks.
- Installed 11,000 high speed spindles, cards, draw frames, autolevellers, and TFO machines.
- Expanded and upgraded export yarn units at Birlapur and Bally.
- Satna plant affected by power cuts and poor coal quality.
- Chittor plant awarded second best productivity for 1991-92 and 1993-94.
- Commissioned two modified kilns with 900 TPD capacity each.
- Birla Vinoleum PVC floor covering plant fully installed.
- Undertook ferro alloys production in Birla Carbide furnace.
- Amalgamated subsidiary India Linoleums Ltd. effective April 1; issued 700 shares.
1992
- Bally Jute Mills closed from August 26 due to labour problems; reopened August 1, 1993.
- Birla Synthetics production declined due to viscose staple fibre shortage.
- Commissioned additional autoconers, TFO machines for export.
- Installed high efficiency separators on cement grinding mills.
- Entered long-term agreement with German linoleum manufacturer.
- Revived second submerged arc furnace for ferro manganese.
1995
- Jute production declined due to strike, fibre shortage, and raw jute price rise.
- Setting up Dornier Looms at Birla Jute Mills for export-oriented products.
- Planned two 6 MW DG sets at Satna and Chittor.
1996
- Incorporated joint venture Birla Redland Readymix Ltd. with Redland PLC.
- Proposed 1.2 MTPA plants at Satna and Chittor.
- Demerged India Linoleum unit to Birla-DLW Ltd. effective April 1.
1997
- Held entire issued share capital of subsidiary Assam Jute Supply Co. Ltd. as of March 31.
- Name changed to Birla Corp Ltd. effective March 31.
- Shareholders approved name change to Birla Corp Ltd. and business restructuring.
- Shareholders approved 50:50 joint venture with Redland Plc.
1998
- Setting up fly ash-based cement grinding unit at Rae Bareilly.
1999
- Used 50-55% slag with additives in cement production.
- Exported cement from Satna and Durgapur to Bangladesh and Nepal.
- Installed capacity to reach five million tonnes per annum.
2000
- Declared lock-out at Birla Jute Mills effective April 3 due to strike.
- Increased authorised share capital from Rs 75 crore to Rs 100 crore.
- Issued rights shares in ratio 3:10 at Rs 20-24 per share.
2002
- Decided not to invest further in cement business.
- Board approved installation of 52 MW power plants at Satna cement units.
2003
- Appointed Jayant Kumar Ray as Nominee Director by IDBI and Pracheta Majumdar as Additional Director.
- Appointed Ajay Saraf as Nominee Director by ICICI Bank.
- Birla Jute Mills and Soorah Jute Mills went on strike December 29.
2004
- Ordinary shares delisted from DSE effective December 29, 2003.
- Strike at Birla Jute Mills and Soorah Jute Mills called off January 10.
- Chairperson Priyamvada Birla passed away on July 3.
2007
- Appointed B B Tandon as Director to fill casual vacancy.
2010
- Appointed Deepak Nayyar and Mahendra Kumar Sharma as Additional Directors.
2011
- Signed Memorandum of Understanding with Government of Assam.
2012
- Expansion of grinding capacity at Durgapur.
- Trial production of clinker commenced from 1.2 MTPA brownfield expansion at Chanderia.
2013
- Mining operations at Chanderia.
2014
- Declared dividend of Rs 6 per share (60%) on 77,005,347 shares for FY 2013-14.
2016
- Completed acquisition of Reliance cement business for Rs 4,800 crore.
- Signed deal with RIL to acquire cement production unit at USD 140 per tonne.
2017
- Consolidated position in Central zone after Reliance acquisition.
- MP Birla Cement became co-leader in Central India and Bihar markets.
- Won Best Private Sector Organization Award at NCQC'17.
2018
- Received PAR Excellence Award for Maihar IU team from Quality Circle Forum of India.
- Received Top Taxpayer in the region Trophy from GST and Central Excise Commissionerate, Jabalpur.
2019
- Received Best Improvement Thermal Energy Performance 2018-19 from NCCBM.
- Received award from Indian Bureau of Mines, GoI during 5th Conclave of Mines and Minerals.
2021
- Awarded for contribution in Cements, Paints and Allied Industries Sector.
- Received Platinum Award in Cement Sector for Outstanding Achievement in Environment Preservation.
2022
- Received Greentech Corporate Governance Award 2022.
2023
- Won Golden Peacock Award for Excellence in Corporate Governance.
- Won PRSI National Award 2023 for Annual Report 2022-23 (second prize).
2024
- Birla Cement Limestone Mines awarded 1st Prize for Mineral Conservation and 3rd Prize for Publicity and Propaganda during 34th Mines Environment & Mineral Conservation Week.
- Received Apex India Green Leaf Platinum Award 2023 for Sustainability in Cement Sector.
2025
- Received Apex India Occupational Health & Safety Award 2024.
- Received Apex India ESG Excellence Award 2024.
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