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Borosil Renewables Ltd

NSE: BORORENEW BSE: 502219

₹508.75

(2.44)%

Tue, 10 Feb 2026, 01:50 am

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borosil renewables ltd History

1962

  • The Company was Incorporated on 14th December at Mumbai.

1963

  • 1,52,500 shares issued to vendors without payment in cash.
  • 2,30,000 shares issued to promoters.
  • 7,35,000 shares issued to foreign collaborators.
  • 3,82,500 shares issued to the public.

1964

  • The company installed a second furnace with 10 tpd capacity.
  • 5,72,931 shares allotted to collaborators.

1982

  • 7,48,031 Bonus Equity shares issued in proportion 1:2.

1988

  • Tank-II which was shut down for modification to manufacture low expansion borosilicate glass, was recommissioned in August.

1990

  • The Company offered 11,22,047-14% secured redeemable partly convertible debentures of Rs. 100 each on Rights basis.
  • The Company also issued 56,100 debentures to employees.
  • A total of 11,85,906 debentures were allotted on 14th August.
  • 11,76,852 No. of equity shares allotted in part conversion of debentures.

1991

  • The company proposed to undertake an expansion project to manufacture a wider range of blown and pressed labware.
  • 7,433 shares allotted in part conversion of debentures.

1992

  • 250 shares allotted in part conversion of debentures.
  • The Company has signed an agreement with Gas Authority of India Ltd., for supply of natural gas.

1993

  • Gujarat Borosil Limited made a total issue of Share Capital of Rs.29,55,50,000/-.
  • The company has decided to enter into equipment lease arrangements with Financial Institutions/Financial Companies.

1994

  • Marol plant was shut down for cold repairs for about 6 weeks.
  • The company has taken on lease the plant of Vyline Glass Works, Ltd.
  • 449 shares of Rs. 10 each allotted on conversion of debentures.
  • Borosil upgraded its second furnace, increasing its capacity to 16 tpd.

1995

  • The Company obtained an industrial licence for the manufacture of reprographic toners, and developers.
  • A new project was envisaged at the Mari Malai Nagar plant for the manufacture of heat resistant borosilicate opal tableware.
  • Gujarat Borosil, Ltd. and Swapan Properties, Ltd. are subsidiaries of the company.

1996

  • As a part of modernisation project, the Recupevator on Tank-II at Marol has been replaced.
  • Laser based OD Gauging System is being installed on one of the tube production lines.
  • ICICI Banking Corporation Ltd. has joined the consortium of banks for financing the Working Capital requirements of the Company.

1997

  • The main furnace at the Marol Plant had to be shutdown for a period of over two months for modernisation and expansion.
  • The electric boosting system has also been installed on Tank-I for enhancing its melting capacity.

1998

  • Borosil Glass Works Ltd is facing immediate disruption in production at its Kurla plant in Mumbai.
  • The company also installed some energy recovery devices such as heat exchangers and energy recuperators.
  • There was a fire due to electrical short circuit at Marol Plant.

1999

  • The Company has decided to change its product mix by re-entering into production of medium expansion pharmaceutical tubing.
  • Furnace No. 2 is scheduled to be commissioned in the first week of September.
  • The Company has developed new export markets in Australia, Botswana, Tunisia, Greece and Denmark.
  • Gujarat Borosil Ltd. has become a sick industrial company.

2000

  • The company has executed a tripartite contract with Jenaer Schmelztechnik Jodeit and Ilmenauer Glasmaschinenbau.
  • Borosil International, a division of Borosil Glass Works Ltd., has tied up with Europe-based Bormioli Rocco.
  • Borosil Glass Works Limited presented the Borosil International Range.

2001

  • The Company is entering into a development-cum-sale agreement in respect of its surplus land.

2009

  • Borosil Glass Works Ltd has appointed Mr. Utpal Kumar Mukhopadhyay and Mr. Shreevar Kheruka as Additional Directors of the Company.

2010

  • AGC launches sales of UV Verre Premium The world first approx. 99% UV blocking tempered glass for automotive front door windows.
  • Safti First launches mySAFTI App for iPhone, iPod Touch and iPad.

2011

  • Mr. Dinesh Vaswani is appointed as Additional Director of the Company.
  • Ms. Swati Sahukara, has joined as Company Secretary of the Company.
  • The Board have recommended final dividend of Rs. 15/- per Equity Share.

2012

  • The Board recommended a Dividend of Rs. 15/- on equity shares of Rs. 10/- each for the year ended March 31, 2012.
  • Nationwide Windscreen awarded three-year contract with Lex Autolease.

2013

  • The Board recommended a Dividend of Rs. 15/- per Equity Share of Rs. 10/- each.

2014

  • The Company appointed Mrs. Anupa Sahney as Additional Director of the Company.

2015

  • Borosil Glass Works gets nod for further investment in WOS.

2016

  • Borosil Glass Works acquired 100% equity shares of Hopewell Tableware Private Limited.
  • Borosil Glass buys 60% stake in glass packaging firm Klasspack Pvt Ltd.

2017

  • The company allotted 6,93,00,000 Bonus Equity Shares to the shareholders.
  • The company received the Capeil Special Export Award 2016 and 2017.
  • The company received the CII BE STAR Emerging Leader: Excellence in Operations Management 2017 award.
  • The company received the NDTV Mercer Employer Excellence Awards 2017 award.

2018

  • The Directors of the Company approved a Composite Scheme of Amalgamation and Arrangement.
  • The company acquired 100% shares of Borosil Technologies Limited and Borosil International Limited.
  • The company received the 15th FGI Awards: Outstanding Entrepreneur 2018 award.
  • The company received the FT 1000 High Growth Companies Asia-Pacific 2018 award.
  • The company received the REI Awards 2018 Component Manufacturers award.

2019

  • The Company made an additional investment of Rs. 5,00,00,089 by way of subscription towards the rights issue of partly paid up equity shares of Klass Pack Limited.
  • The Company's shareholding in Klasspack increased from 75.73% to 79.52%.
  • The company received the REI Awards 2019 Component Manufacturers award.

2020

  • Allotment of Equity Shares of Borosil Renewables Limited to the shareholders of Vyline Glass Works Limited, Fennel Investment and Finance Private Limited and Gujarat Borosil Limited.
  • Composite Scheme of Amalgamation and Arrangement: Resulting changes in Key Managerial Personnel of the Company.

2021

  • The company received the Great Place to Work: India's Best Leaders in Times of Crisis 2021 award.
  • The company received the National Award for Successful Commercialisation of Indigenous Technology India Green Manufacturing Challenge 2021: Gold Medal.

2022

  • Borosil Renewables Ltd. announces acquisition of Interfloat Group, the largest solar glass manufacturer in Europe.

2023

  • Borosil Renewables has commenced the commercial production of Solar Glass from the SG-3 furnace at its plant in Bharuch District, Gujarat.

2024

  • The Company Completed the acquisition of 49% stake in Clean Max Prithvi Private Limited.

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