Banco Products (India) Ltd
Banco Products (India) Ltd Company History
Banco Products is engaged in manufacturing and selling of Heat exchangers/Cooling systems the company caters to both domestic and international market.
2007
The Company has issued Bonus Shares in the Ratio of 1:1.
Company has splits its Face value of Shares from Rs 10 to Rs 2
2007
2008
Banco Products India Ltd has appointed Shri. Pankaj M Kadakia as Additional Director and Shri. Shailesh A Thakker as Additional Director (designated as Executive Director and CFO).
The Company has splits its face value from Rs10/- to Rs2/-.
2008
2009
Banco Products (India) Ltd has appointed Shri. S. K. Duggal as Director w.e.f. September 23, 2009.
Banco Products (India) Ltd has informed that Shri. Manubhai G. Patel has been appointed as Director of the Company w.e.f. November 07, 2009.
2009
2010
Company has acquired of 100% Equity shareholding of NEDERLANDSE RADIATEURN FABRIEK B.V. - Netherlands
Company has commenced manufacturing unit at Rudrapur recently mainly to meet the requirements in and around Rudrapur.
2010
2011
Banco Products (India) Ltd which is already holding 99.80% Equity Sharers of Kilimanjaro Biochem Limited, has acquired 00.20% Equity Shares of Kilimanjaro Biochem Limited & now Kilimanjaro Biochem Limited is Wholly Owned Subsidiary of Banco Products (India) Limited
Company has made investment in 100% Equity shareholding of Lake Minerals (Mauritius) Limited
2011
2012
Banco Prod - Board recommended Dividend of Rs 2.50 i.e (125%)
Banco Products (India) Ltd - Commercial production of Radiators has started at its manufacturing facilities
2012
2013
Banco Products (India) Ltd own 'Best Supplier Award' for overall performance for the year 2013.
Banco Products (India) Ltd own 'Excellent ACE Support Award' in India ABO Supplier Conference for the year 2013.
Banco Products (India) Ltd own 'Annual Commodity Award' in Recognition of Superior performance in 2013.
Board recommended a Dividend @ 90% i.e. Rs. 1.80 Per Equity Share of face value of Rs. 2/- each
2013
2014
Shri Vimal K. Patel has resigned as a Director and now Chairman of the company.
2014
2015
Banco Products starts production at its Zaheerabad unit.
2015
2018
Company's BOD at its meeting held on May 30, 2018, recommended Final Dividend of 5.80 per equity share.
2018
