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Britannia Industries Ltd

NSE: BRITANNIA BSE: 500825

5870.50

(-0.14)%

Fri, 06 Feb 2026, 02:44 am

britannia industries ltd History

1918

  • Incorporated on 21 March as public limited company under Indian Companies Act VII of 1913.

1921

  • Obtained priority certificate; imported machinery for first gas oven plant in India.

1924

  • Established new factory at Kasara Pier Road, Mumbai.
  • Became subsidiary of Peek, Frean & Co. Ltd., UK.
  • Expanded factories in Calcutta and Mumbai.

1939

  • Diverted production to war effort; up to 95% capacity for Service Biscuit.

1951

  • Issued 19,779 equity shares to acquire Delhi Biscuit Co. Ltd.
  • Issued 1,53,234 bonus equity shares in 1:1 proportion.

1952

  • Shifted Calcutta factory to Taratola Road.
  • Installed automatic plants in Calcutta.

1954

  • Pioneered high quality sliced and wrapped bread in Delhi.
  • Installed automatic plants in Mumbai.
  • Issued 1,53,234 bonus equity shares in 1:2 proportion.

1961

  • Started bread manufacture in Mumbai.
  • Set up new bread bakery in Delhi (1965).
  • Issued 2,29,851 bonus equity shares in 1:2 proportion.

1966

  • Issued 3,06,468 bonus equity shares in 4:9 proportion.

1968

  • Issued 6,64,014 bonus equity shares in 2:3 proportion.

1970

  • Issued 9,96,021 bonus equity shares in 3:5 proportion.

1976

  • Introduced Britannia bread in Calcutta and Chennai.
  • Issued 18,59,239 bonus equity shares in 7:10 proportion.

1978

  • Non-resident holding reduced below 40% after public issue.
  • Issued 18,00,000 equity shares at Rs 5 premium; rights to shareholders, reservations, public offer.

1979

  • Changed name to Britannia Industries Ltd.

1980

  • Signed 10-year technical collaboration with Nebico Pvt. Ltd., Nepal.

1982

  • Issued 25,26,118 bonus equity shares in 2:5 proportion.

1986

  • Turnover increased 19.4% to Rs 192.15 crores.
  • Launched Good Day biscuit.
  • Launched Vital pure refined cooking oil.
  • Delhi bread production adversely affected.

1987

  • Sales turnover increased 38.7% annualized; biscuit brands reached 27.
  • Soya division launched Vital Feast extruded products.
  • Issued 35,36,565 bonus shares in 2:5 proportion.

1989

  • Launched Circuit biscuit; national rollout of Pure Magic; added posta badam to Good Day.
  • Delhi bread production disrupted by industrial unrest.
  • Issued 61,88,989 bonus shares in 1:2 proportion.

1990

  • Launched Elaichi Cream, Petit Beurre biscuits; Milk Bikis cashew badam variant; Pure Magic Vanilla cream; Fruit bread in Delhi.

1991

  • Launched milk bread and brown bread in Delhi; national extension of Petit Beurre and Elaichi Cream.
  • Sold soya unit at Vidisha to SM Dychem Ltd.
  • Proposed equity investment in Britco JV with JMRPCO (Hongkong).

1992

  • Launched Little Hearts biscuits.

1993

  • Launched Fifty-Fifty biscuits.
  • Launched Premium Bake bread in Delhi and Mumbai.
  • Began exporting Basmati Rice as Britannia Indian Pearl.

1994

  • Launched Bakers Choice sweet biscuit and Thinlite semi-sweet biscuit.

1995

  • Launched double cream sandwich under Pure Magic.
  • Launched Mini Roule Swissroll Cake with Danone technology.

1996

  • Marie Gold biscuits achieved volume growth.
  • Launched Milk Bikis Milk Cream.
  • Profits improved despite economic slowdown.

1997

  • Launched Tiger (mass), Jim-Jam, Chekkers (premium) biscuits; Butter in Delhi.
  • Planned diversification into cheese and dairy whitener.
  • Proposed alliance with Dynamix Dairy for cheese and milk products.
  • Planned new corporate identity with Shining Strategic Design.

1998

  • Signed wage agreement with MGKU for 1,000 Mumbai workers.
  • Launched Half/Half cakes (chocolate-vanilla, vanilla-orange).
  • Launched Dairy Whitener festival offer in Kerala.
  • Received Ind AAA rating for Rs 100-crore NCD issue.

1999

  • Launched Zip-Sip flavoured milk in tetrapaks (Mumbai, South India).

2000

  • Launched 'Britannia Khao, Cricketer Ban Jao' promotion.
  • Introduced Milkman dairy range with desi flavours.
  • Launched Vita Mariegold biscuits.
  • Launched Milk Bikis Funland biscuits.
  • Planned bread factories in Kochi, Hyderabad, Chennai.
  • First company to offer products online as video file.
  • Launched Milkman Butter.
  • Appointed TERI for power audit.
  • Fitch reaffirmed Ind AAA rating for Rs 1,000 million NCD program.
  • Launched Milkman Cold Coffee and Sweet Lassi.
  • Launched Britannia Snaz namkeens in Mumbai.

2001

  • Launched Milkman Milk in Delhi.
  • Agreed to acquire 49% stake in Kwality Biscuits via internal accruals.

2002

  • Entered JV with Fonterra Cooperative Group, New Zealand.
  • Appointed Nikhil Sen as COO.

2003

  • Terminated S K Alagh as Managing Director.
  • Appointed John Miller as additional Director.
  • Britannia New Zealand Foods launched MilkMan fresh milk.
  • NCDs rated AAA (Stable) by Fitch.
  • Appointed Nikhil Sen as COO/manager.

2004

  • Delisted securities from Cochin Stock Exchange.
  • Reviewed marketing alliance with Thacker Dairy Products.
  • Accorded Superbrand status.
  • Biscuit volumes crossed 300,000 tons.
  • Launched Good Day Choconut variant.

2005

  • Britannia New Zealand launched adult health drink.
  • Re-launched Tiger biscuits with 'Swasth Khao, Tiger Ban Jao' campaign.
  • Launched Greetings premium gift packs.
  • Commissioned Uttaranchal plant ahead of schedule.
  • Launched 50-50 Pepper Chakkar.

2006

  • Forged strategic alliance with CCD Daily Bread Pvt Ltd.
  • Appointed Stephan Gerlich as Director.
  • Appointed Durgesh Mehta as CFO.
  • Re-launched NutriChoice Hi-Fibre Digestive biscuits in larger pack.

2007

  • Formed JV with Khimji Ramdas Group; acquired 70% in Strategic Foods International (Dubai) and 65.4% in Al Sallan Food Industries (Oman).
  • Introduced NutriChoice SugarOut biscuits (No Added Sugar variants).

2008

  • Launched NutriChoice 5 Grain biscuits.
  • Launched Iron fortified Tiger Banana biscuits, Good Day Classic Cookies, Low Fat Dahi; renovated Marie Gold.

2009

  • Launched NutriChoice Nature Spice Crackers with ajwain and jeera.

2010

  • Launched NutriChoice Health Starter Kit New Year pack.
  • Appointed Dr. Vijay L. Kelkar as additional Director.
  • Split face value of shares from Rs 10 to Rs 2.

2011

  • Received Most Respected Company Award from Businessworld.
  • Bourbon won Most Popular Confectionery Product Preferred by Youth (Biscuit) Award.
  • Launched health breads in Delhi: Honey & Oats, Multi-Grain, 100% Whole Wheat, Multi-Fiber.
  • Won Creative HR Practices Award from Employer Branding Institute.

2012

  • Won IMC Ramakrishna Bajaj National Quality Award 2011.
  • Modern Trade team won Best Bakery Supplier at Spencer's Awards.
  • Won Global Performance Excellence Award from APQO.

2013

  • Kolkata unit won Golden Peacock National Quality Award 2012.
  • Won IWLF Awards for Solid Waste Management Project and BNF project.
  • Recommended Rs 8.50 dividend per equity share.

2014

  • Recommended Rs 12 dividend per equity share.

2016

  • Received special recognition as Leading RE Investor at Renewable Energy India Awards.

2017

  • Signed non-binding MOU with Chipita for business opportunities.

2018

  • Planned to add 50 new products by next fiscal.
  • Announced 1:1 bonus shares.

2019

  • West Bengal Cabinet approved allotment of ~75 acres land in industrial parks.
  • Recognized as one of best employers by Aon Best Employer Study 2019.

2020

  • Launched WhatsApp-based Store Locator.
  • Announced 1:1 bonus shares.

2021

  • Revalidated Best Employer status via Best Employers 2020 India recognition with Kincentric.

2022

  • Winkin' Cow dairy beverages brand surpassed Rs 100-crore revenue mark.
  • Developed BHub AW app to streamline supply chain.
  • Launched NutriChoice service for consumers with diabetes.
  • Continued support for women’s entrepreneurship via fourth season of Britannia Marie Gold My Startup Contest, expecting 2 million entries.

2024

  • Acquired 6.04% stake (875,000 equity shares) in Suryaurja One Private Limited.

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