BSL Ltd
NSE: BSL BSE: 514045
₹130.15
(-0.41%)
Wed, 11 Mar 2026, 02:41 am
Market Cap1.34B
PE Ratio36.68
Dividend0.62
Process Industries
Textiles
24.5KCompany History
1970
- The company was incorporated as a private limited company on October 24th.
1984
- The company took up a scheme for replacement of old cimmco looms with 8 latest Sulzer projectile looms.
- 2,920 shares were issued without payment in cash.
1985
- 16 Sulzer weaving machines were imported for the Mandapam unit.
- A letter of intent was received for setting up a worsted spinning mill with a capacity of 25,000 spindles.
1986
- The company was converted into a public limited company.
- 5,89,757 shares were issued at par, with some shares reserved for preferential allotment.
1988
- 3,584 spindles were set up in the follow-up of N. Schlumberger's preparatory work.
- The company proposed to procure international know-how from Europe for the manufacture of worsted fabric.
1989
- 30,000 preference shares were subscribed by financial institutions.
- 20,50,000 equity shares of Rs.10 each were issued at par, with 13,47,343 shares offered as rights shares.
- 1,02,500 equity shares were issued to employees on an equitable basis.
1992
- 18,52,422 equity shares of Rs.10 each were issued at a premium of Rs.10 per share on a rights basis.
- 92,621 equity shares of Rs.10 each were offered to employees at a premium of Rs.10 per share.
1993
- The company undertook to expand the weaving section by installing 25 Sulzer projectile weaving machines.
1994
- The company entered into a collaboration agreement with worsted fabric manufacturers in Germany.
- 1792 spindles were installed for production of superfine varieties of worsted yarn.
- The company's name was changed from Bhilwara Synthetics Ltd to BSL Ltd.
- 1,021 equity shares were issued on a rights basis.
1995
- 25 Sulzer single width projectile weaving machines were installed.
- 44 Sulzer weaving machines were installed, with 16 machines commencing commercial production.
- 17,00,000 equity shares of Rs.10 each were issued at a premium of Rs.100 per share through a prospectus.
1996
- The joint venture agreement with Wulfing Tuchfabrik GmbH was terminated due to failure to provide committed funds.
1998
- 1920 spindles were installed in the Worsted Spinning Division to enhance capacity to 7904 spindles.
- 30,00,000 14% redeemable cumulative preference shares of Rs.100 each were redeemed.
2001
- J.N. Pathak, A.K. Jhajharia, and Pradeep Agarwal resigned from the Board.
2004
- The company's equity shares were delisted from the Delhi Stock Exchange.
- The 2.40 MW Wind Power Mill commenced commercial generation of power at Jaisalmer, Rajasthan.
2009
- A N Choudhary was co-opted as an Additional Independent Director.
2011
- The Board of Directors declared an interim dividend of 7.5% or Rs.0.75 per equity share of Rs.10 each.
2012
- M. K. Doogar was appointed as an Additional Independent Director.
- Nivedan Churiwal was reappointed as Executive Director and K Churiwal was reappointed as Chairman and Managing Director.
2014
- The company recommended a dividend of 10% or Rs.1 per share.
2016
- The company received the Best Overall Export Performance award for exporting fabrics to Focus Lac Countries, winning a Gold Trophy.
2017
- The company received the Overall Export Performance award for exporting Natural Silk Goods.
- The company received the Best Overall Export Performance award for exporting fabrics to Focus Lac Countries, winning a Gold Trophy.
2018
- The company received the Best Overall Export Performance award for exporting fabrics to Focus Lac Countries, winning a Gold Trophy.
- The company received the Best Overall Export Performance award for exporting Natural Silk Goods, winning a Silver Trophy.
2019
- The company received the Best Overall Export Performance award for exporting fabrics to Focus Lac Countries, winning a Gold Trophy.
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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