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pocketful logo light
HBL Engineering Ltd logo

HBL Engineering Ltd

NSE: HBLENGINE BSE: 517271

₹799.45

(5.37%)

Wed, 27 May 2026, 11:51 am

Company History

1986

  • The Company was incorporated on August 29th
  • The company obtained the certificate for Commencement of Business on 22nd September
  • The Company's objects is to manufacture Nickel Cadmium Pocket plate batteries

1991

  • The company undertook to set up facilities for the manufacture of uninterrupted power systems
  • The company entered into an arrangement with NIFE, AB of Sweden for manufacture of UPS
  • 30,00,000 No. of equity shares issued to promoters

2002

  • Mr P Satish Kumar appointed as Director of the Company

2003

  • The 4.03 per cent foreign promoter's stake in HBL Nife Power Systems Ltd, has been taken over by the promoters of the company

2004

  • HBL Nife declared a dividend of 12%

2005

  • HBL Nife mulls 3 new battery manufacturing facility
  • HBL Nife Power has recommended a dividend @ 15%

2006

  • HBL Nife Power has recommended a dividend @ 15%
  • Company has changed its name from HBL Nife Power Systems Ltd. to HBL Power Systems Ltd.
  • HBL Power Systems Ltd Issues Rights in the Ratio of 1:10

2007

  • HBL Power Systems has recommended for the payment of Dividend @ 15%

2008

  • HBL Power Systems has recommended for the payment of Dividend @ 15%

2009

  • Hbl Power Systems sets up JV Company in Saudi Arabia to manufacture Industrial Batteries
  • Hbl Power Systems Recommended a dividend of Rs.3/- per equity share
  • Sub-division of equity shares from Rs. 10 per share into 10 shares of Rs. 1 each

2010

  • HBL Power Systems Recommended 30% dividend

2011

  • HBL Power Systems has recommended 10% dividend

2012

  • HBL Power Systems has recommended 15% dividend

2013

  • HBL Power Systems has recommended 15% Dividend

2014

  • The company has entered into a Share Purchase Agreement with Varp Power Private Limited, Hyderabad for acquisition of 26% shares

2015

  • Best Vendor Award from HAL
  • Boost for Make in India as FAA clears two plane parts

2024

  • The Company name has changed to HBL Engineering Ltd. from HBL Power Systems Ltd.