Binani Industries Ltd is an Indian business group based in Mumbai. It belongs to the Braj Binani Group. The business portfolio of Binani Industries includes sectors like cement, zinc, glass-fiber, and downstream composite products.
Binani Industries Ltd is a holding company, which operates through their subsidiaries. The companys subsidiaries include Binani Cement Ltd (BCL), Binani Zinc Ltd (BZL), Goa Glass Fibre Ltd (GGFL), BT Composites Ltd (BTCL) and Wada Industrial Estate Ltd (WIEL).Binani Industries Ltd was incorporated in the year 1962. The company was promoted by Binani Metals in technical and financial collaboration with Cominco, Canada with the name Cominco Binani Zinc. In May 1991, when Cominco disinvested their holding, the company was renamed as Binani Zinc. And in the year 1996, they got their present name, Binani Industries Ltd.In the beginning, the company manufactures zinc and its by-products, sulphuric acid and cadmium. And latter, they diversified into cement and glass fibre manufacture. They set up a state-of-the-art glass fibre plant at Colvale, Goa, with technical assistance from Bishop Technology, US which is the single largest glass fibre manufacturing plant in the country. The cement division of the company was hived off and transferred to their wholly owned subsidiary, Binani Cement Ltd with effect from November 1, 1997. As a part of restructuring and refocusing, the company transfered their glass fibre division to a wholly owned subsidiary Vishakha Enterprises (India) Ltd which was renamed as Goa Glass Fibre Ltd.The Zinc division of the company was hived off and transferred to Binani Zinc Ltd with effect form April 1, 2002. In July 2003, Munga Holdings Ltd was amalgamated with Binani Cement Ltd. The paid up capital of Binani Cement Ltd has increased to Rs 4229.10 million from Rs 4000.10 million and Binani Cement Ltd has ceased to be a wholly owned subsidiary of the company with effect from July 3, 2003 but continues to be a subsidiary of the company.During the year 2006-07, the moulding division of the company was hived off and transferred to their wholly owned subsidiary company BT Composites Ltd. Consequently the company ceased to have any manufacturing activity.
|
Binani Industries Limited Outstanding Shares: |
31368025 |
|
Face Value of Binani Industries Share: |
Rs. 10 Per Equity Share |
|
ISIN of Binani Industries Limited Share: |
INE071A01013 |
|
Lot Size of Binani Industries Share: |
100 |
|
Binani Industries Share Price: |
Best In Industry |
|
PAN Number of Binani Industries : |
AABCB0979M |
|
Binani Industries Limited CIN Number |
L24117WB1962PLC025584 |
|
Binani Industries Limited Registration Date |
02 August 1962 |
|
Category / Sub-Category of Binani Industries Limited |
Public Companies having a share capital |
|
Binani Industries Limited Registered Office Address |
37/2, Chinar Park, New Town, Rajarhat Main Road P.O. Hatiara Kolkata Kolkata WB 700157 IN. |
|
Binani Industries Limited Registrar & Transfer Agent Address & Contact Details |
C-101, 247 Park, L.B.S. Marg, Vikhroli (W), Mumbai – 400 083. |
|
Director |
Post |
|
Mr. Rajesh Kumar Bagri |
Non - Executive Director |
|
Mr. Manoj Shroff |
Independent Director |
|
Mr. Sanjib Ranjan Maity |
Independent Director |
|
Mr. Pradyut Meyur |
Independent Director |
|
Mrs. Pankti Poojari |
Independent Women Director |
|
Mr. Milin Ramani |
Independent Director |
|
Particulars |
No. Of Shares |
% of Shares Held |
|
Promoter |
16503654 |
52.62 |
|
Public Shareholding |
14862521 |
47.38 |
|
Total |
31366175 |
100 |
