Balrampur Chini Mills Ltd
Balrampur Chini Mills Ltd Company History
Balrampur Chini Mills is one of the major integrated sugar manufacturing companies in India. The principal activity of the Company is manufacturing and sale of sugar. Besides this, the allied business activities of the Company primarily consist of manufacturing and sale of ethanol, ethyl alcohol, generation and sale of co-generated power, and manufacturing and sale of agricultural fertilizers.
2002
Board approves for the buyback of upto 1.897 million equity shares of Rs.10 each of the company at a price not exceeding Rs.100 per share.
Declares interim dividend of Rs.8.5 per share.
Balrampur Chini Mills diversifies into Indian Made Foreign Liquor sector.
Company did not buy back its own fully paid up shares of face value of Rs.10 each.
2002
2003
Appoints Mr Naresh Chandra as the Additional Director of the company.
Mops up $10 million via an ECB from Rabo India Finance and placed with Raobank International.
Company's equity shares have been delisted from The Uttar Pradesh Stock Exchange Association Ltd.
2003-Delisted from The Uttar Pradesh Stock Exchange Association Ltd.
Balrampur Chini promoters shed 10% stake
2003
2004
Balrampur Mills mulls acquisition to boost growth
Balrampur Chini Board recommended a dividend @ Rs 10
2004
2005
Balrampur signs MoU with IFC Washington for carbon trading
Balrampur Chini Mills enters into an agreement for acquisition of integrated sugar unit
Company has splits its Face value of Shares from Rs 10 to Re 1
2005
2006
Balrampur Chini acquires sugar unit from Dhampur Sugar Mills
Balrampur Chini sets up two intergrated Greenfield Sugar Complex
Balrampur Chini acquires Indo Gulf sugar mill
2006
2007
Balrampur Chini Mills - acquisition of shares of IGIL
Balrampur Chini - Commencement of Kumbhi Sugar Plant
Balrampur Overseas Pvt Ltd, a Company incorporated in Hong Kong with a purpose of trading activities became 100% subsidiary of Balrampur Chini Mills Ltd
2007
2008
Dr. Arvind Krishna Saxena has been appointed as a Wholetime Director of the Company
Balrampur Chini Board recommended dividend of 50% i.e. Rs 0.50
2008
2009
Shri. R K Choudhury, Director, is appointed as Chairman of the Shareholders / Investors Grievance Committee effective
Balrampur Chini Board recommended a Dividend of Rs. 3.00 (300%)
2009
2010
Balrampur signs pact with Tata Power to sell power
2010
2011
BalrampChini - Board recommend a Dividend of Rs. 0.75 (75%)
2011
2013
Balrampur Chini Board recommends Dividend of Rs. 2.00 (200%) per Equity Share of Re. 1/- each
Balrampur Chini Mills Ltd has informed that "Merger of Khalilabad Sugar Mills Pvt. Ltd. with Balrampur Chini Mills Ltd".
2013
2014
Balrampur Chini Mills Ltd has informed hat Shri D. K. Mittal (IAS Retired) and Shri Krishnava Dutt have been appointed as Additional Independent Director of the Company w.e.f. February 06, 2014.
2014
2016
Balrampur Chini Mills Ltd is one of the largest integrated sugar manufacturing companies in India.
Balrampur Chini gets green nod for Rs 72 cr expansion project.
2016
2017
The Company has allotted 360 Equity Shares of Re.1 each of the Company at a price of Rs. 26 per Equity Share (including premium of Rs. 25 per Equity Share) on rights basis at their meeting held on 15th September, 2017, subject to In-principal approval for listing and trading from the Stock Exchanges and other regulatory formalities.
2017
2020
The company has approved the setting up of a new distillery unit, thereby increasing the Capacity of its distilleries by adding 320 KLPD. With the proposed addition, the total capacity will stand augmented to 840 KLPD.
2020
2021
The company has approved that capacity expansion of ethanol production from 840 KLPD to 1050 KLPD considering the huge untapped demand for ethanol due to the robust policies of Government of India on ethanol blending. Apart from the aforesaid expansion the Board has also approved additional capex for Modernization and upgradation of its sugar factories.
2021
2022
Company commenced commercial production of industrial alcohol in its new distillery at Maizapur Unit.
2022
2023
Balrampur Chini Mills Limited has informed the Exchange regarding ''Winner of 7th ICSI CSR Excellence Award''.
2023