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BSEL ALGO Ltd

NSE: BSELINFRA BSE: 532123

₹4.52

(2.38%)

Wed, 24 Jun 2026, 03:06 am

Company History

1995

  • The company was incorporated as a public Limited company on 15th November at Mumbai.
  • The company has obtained the certificate of commencement of business on 29th November.

1996

  • The company has made a public issue of 71,00,000 equity shares of Rs. 10/- each for cash at par.

1998

  • The company has changed its name from Bell South Enterprises Limited to BSEL Information Systems Limited.
  • The company has launched corporate and direct tax laws on CD-ROM and the internet.

1999

  • The company has started marketing its product vigorously by entering into a marketing agreement with a foreign company.
  • The company is likely to issue 30 per cent shares to foreign financial institutions.
  • The company has entered into an international marketing collaboration with Webell Communications Inc, Toronto, Canada.

2000

  • The company's shares have been permitted to trade in Interconnected Stock Exchange of India and Over the Counter Stock Exchange of India Limited.

2001

  • Mr. Paresh C. Joshi, Mr. Kartik D. Sheth, and Mr. Hitesh D. Vora have been appointed as directors on the board.

2002

  • Shri Kartik D Sheth has resigned as Managing Director but continues as a Director.
  • Shri Hitesh D Vora has resigned as Whole-Time Director but continues as a Director.
  • Shri Kirit R Kanakiya has been appointed as a Whole-Time Director.

2004

  • The company's promoters have transferred equity shares to the general public.
  • Reshma Plastics Pvt. Ltd. has transferred equity shares to the general public.
  • The company's name has been changed to BSEL Infrastructure Realty Limited and the trading symbol has been changed to BSELINFRA.

2006

  • BSEL Infrastructure has entered into a joint venture with Unity Infraprojects.
  • Ms. Priya Singhal has been appointed as Company Secretary and Compliance Officer of the company.

2008

  • The company has signed an MOU with Iskandar Regional Development Authority to invest in Iskandar Malaysia.
  • The registered office of the company has been shifted to G-101, 2nd Floor, Tower No.7, International Infotech Park, Vashi Railway Station Complex, Vashi, Navi Mumbai- 400705.

2011

  • The registered office of the company has been shifted to 737, 7th Flr, Commodity Ex. Sector-19, PL 2, 3&4, Vashi, Navi Mumbai, Thane, Maharashtra, India - 400705.

2012

  • Ms. Disha Devrukhkar has been appointed as a Whole Time Director of the company.

2013

  • Mr. Dipal A. Muchhala has been appointed as an Independent Director of the company.

2023

  • The company name has changed to BSEL Algo Ltd. from BSEL Infrastructure Realty Ltd.

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