Bata India Ltd Company History

Bata India Limited the Company was incorporated at Calcutta.

The Company Manufacture and market of all types of footwear,

footwear components, leather and products allied to footwear

trade.

Bata was originally promoted as Bata Shoe Co Pvt Ltd by Leader

AG, Switzerland, a member of the Toronto-based multinational,

Bata Shoe Organisation (BSO). It became a public limited

company in 1973 and the name was changed to Bata India Ltd.

Tanning was introduced at the new factory at Batanagar, along

with the introduction of leather products towards the end of the

year.

In addition to the footwear manufacturing plant, a machinery

department was set up which produced the first Indian-made major

shoe machine. A leather footwear factory was established at

Patna, Bihar, which is known today as Bataganj.

In Mokamehgat, a tannery was established and a hide purchasing

centre was also set up there. Another factory was constructed

at Faridabad.

With the public issue of capital in June, Leader A.G. St.

Moritz, Switzerland offered for sale 5,00,000 shares out of

their holdings at a premium of Rs 20 per share (2,00,000 shares

each to LIC and UTI and 1,00,000 shares to the public).

Leader A.G. St. Moritz, Switzerland offered for sale 8,00,000

shares at a premium of Rs 8 per share to resident Indian

nationals thereby reducing their holdings to 12,00,000 shares or

40% of the issue capital.

Another 47,14,000 No. of equity shares of Rs 10 each at a

premium of Rs 25 per share were issued to Bata (BN) B.V.,

Amsterdam, a wholly owned subsidiary of Leader A.G. St. Moritz,

Switzerland, in order to raise their holding in the Company from

40% to 51%.

7,50,000 bonus shares issued in prop. 1:4.

15,00,000 bonus shares issued in prop. 2:5 in April.

The Company privately placed with financial institutions (UTI,

LIC, GIC & its subsidiary) 15% debentures worth Rs 5 crores.

The Company also allotted debentures worth Rs 1.75 crores to the

Army Group Insurance Fund.

The Bata Shoe Organisation consists of 96 independently run

companies in 90 countries throughout the world.

52,50,000 bonus shares issued in prop. 1:1.

Agreement was arrived at with Adidas of West Germany for

manufacture and marketing of sports and special application

footwear, spots goods and sports wear in India and the products

were expected to be launched in December, 1989.

Marketing of `Star' clothings designed by Murjani

International, New York, U.S.A. and sourced through Inmark

Brands Pvt. Ltd., was launched.

A new brand of shoe, `Tigre' was introduced during the year

for sales through wholesalers and independent retailers.

The Company sucessfully launched `Adidas' collection of

hi-tech sports footwear.

As a result of the R&D activities, special leather board was

developed as a substitute for insole leather.

A highly versatile sample 18-station bicolour injection

moulding plant was installed in the Bangalore factory for

production of `State-of-the-art' injection moulded shoes with

synthetic and textile uppers and specially developed PVC

compounds as soleing material.

Pursuant to a Scheme of Arrangement between the Company and

Bata Properties, Ltd. a wholly-owned subsidiary of the Company,

certain properties constituting the real estate division of the

Company were transferred to BPL for better development and

management with effect from 1st July.

A promotional brand `Tigre' was launched to keep the factories

full at all times and thereby reduce losses due to under

recovery of overheads.

The Company issued non-convertible debentures aggregating Rs

3.50 crores to SBI Mutual Fund. These debentures are redeemable

in three equal instalment at the end of 6th, 7th and 8th year

from the date of allotment. Negotiations were in progress for

private placement of the remaining debentures.

The workers at Batanagar factory went on strike from 3rd

January, to 23rd May, which resulted in a substantial loss of

production during the initial 6 months of the year.

The Company undertook to set up a green field export oriented

unit at Hosur in Tamilnadu with the State-of-the-art technology.

Over the years, the Company with the collaboration of Bata

Development, Ltd., London, U.K., and its association with Bata,

Ltd., Toronto, has been building up its own well-equipped and

up-to-date R&D organisation.

The Company undertook to expand and modernise its existing

plants for capacity optimisation to become cost efficient on a

global basis. Apart from it also undertook expansion and

upgradation of its retail stores. Export Oriented Unit was also

to be set up at Hosur in Tamil Nadu.

During January, the Company issued 105,00,000 No. of equity

shares of Rs 10 each at a premium of Rs 20 per share on rights

basis in the proportion of 1:1. Allotment of 1,856 No. of

equity shares was kept in abeyance since the matter was

sub-judice. The balance 104,98,144 shares were allotted.

13,114,000 No. of equity shares allotted to Bata (BN) BV

Amaterdown, The Northerlands the holding company.

The Long Term Agreement with the Bata Mazdoor Union

representing employees of Batanagar and Calcutta Offices was

signed at bipartite level satisfactorily without any disruption

of work.

The Company has received a notice in writing from a member of

the Company under Section 257 of the Companies Act, 1956

signifying his intention to propose the appointment of Mr Thakur

as a Director of the Company.

India's largest shoe company Bata India (BIL) has performed

admirably to stage a remarkable turnaround for the year ended

December 1996.

Bata has entered into a marketing tie-up with Nike wherein the

latter's products will be offered from select Bata outlets.

The company's debt-equity ratio is also set to improve

dramatically to 0.60:1 from 1.90:1 in December 1996, and 2.06:1

in December 1996.

Bata India, a 51 per cent subsidiary of Canada based Bata Shoe

Organisation, had last revalued its buildings in 1969, and the

latest exercise which will cover all fixed assets is expected to

substantially prop up its reserves.

Bata India, a subsidiary of the Canadian multinational Bata

Shoe Organisation, has suspended its after-sales service.

Every Bata outlet, 1,000 owned and over 600 joint ventures

were expected to sell Hush Puppies, Marie Claire and Adidas.

Bata India has proposed a dividend of 85 paise per share to

its shareholders for the year ended December `98.

The shoe major had concluded long term wage agreements with

the workers of its factories at Faridabad (Haryana) and

Mokamehghat (Bihar) for three years up to 2001.

Bata needs to launch new products on a regular basis by

expanding its women's range, and moving into the premium

segments it had vacated.

The company will launch the `Sundrops' line at New Delhi on

August 16.

The company signed seven long-term agreements and the last in

Batanagar is in an advanced stage of negotiations which will be

settled soon.

Bata's Faridabad factory workers' union finally reached an

agreement with the company management, ending the nearly

eight-month-old lock-out at the unit.

Bata India is aiming to achieve a 15 per cent growth in

turnover and profits in 1999, to reach the target set out in the

Vision 2001 plan drawn up by Compass, the international board of

the Bata Shoe Organisation (BSO).

Shoe major Bata India, which is set to unleash a new

advertisement campaign for its new ladies range `Sundrops', has

signed up film actress Rani Mukherjee to endorse the line.

Bata India (Bata) is the largest footwear manufacturer and

produces a wide range of footwear such as canvas, rubber,

leather, plastic and so on.

The Company has lifted the lock-out at its Peenya factory in

Karnataka. The lockout was declared on March 8th following a

strike by the employees' union.

Withdraws lockout at Bata India's Peenya Factory on the direction of Government of Karnataka.

Creates its own insider Trading rules in an attempt to protect the rights of shareholders and prevent unscrupulous trading in the company's share by insiders.

Shareholders approve for the transfer of Tannery and Footwear division to separate companies.

Appoints Mr Jaswant Singh as the wholetime Director, Marketing and Commercial.

Shareholders pass all the major nine requisite resolutions.

Appoints Gautam Thapar, Vice-chairman and MD of Ballarpur Industries Ltd on the Board of the company.

Forges into a retailing alliance with Lee Cooper Shoes , to retail their shoes.

Engages Ogilvy and Mather to devise its Festive season Advertising, side stepping , JWT, its incumbent agency.

Repositions itself as the marketing firm.

Bata unveils new flagship store in Mumbai

de-lists equity shares from the Calcutta Stock Exchange Association Ltd.

Appoints Mr Constantin Salameh, Senior VP and CFO of Bata Shoe Organization as acting Chairman

Bata India has inducted P M Sinha, former CEO of Pepsi Cola International South Asia as Chairman of the company

Bata India Ltd Issues Rights in the Ratio of 1:4

Bata India Ltd has informed that Mr. J Carbajal has been appointed as an Additional Director on the Board of Bata India Limited

Bata India Ltd has set up a new flagship store in Thiruvananthapuram.

Bata India Ltd has informed that Mr. Fadzilah Bin Mohd Hussein has been appointed as an Additional Director on the Board of the Company with effect from July 29, 2010.

Mr. Rajeev Gopalakrishnan has been appointed as an Additional Director of the Company

Bata India - Board recommended Dividend of Rs. 4/- per share (i.e. 40%)

Appointments of Mr. Atual Singh and Mr. Akshay N Chudasama as Additional Directors of the Company

Mr. Gigi Abraham has been appointed as an Additional Director of the Company

Mr. Maloy Kumar Gupta has been appointed as the Company Secretary & Compliance Officer of the Company

Bata India gains as parent company hikes stake.

Bata India bagged the award for 'Most Admired Large Format Multi Brand Footwear Retailer of the Year' by the Images Shoes & Accessories Forum - 2013.

Bata India Most attractive brand at the 11th position - 2013.

Brand Equity recognized Bata into the 'Top Most Trusted Brands' in November 2013

Udyog Rattan Award - The Institute of Economics Studies honoured Mr. Rajeev Gopalakrishnan and the Company with the Certificate of Excellence and Gold Medal at the "International Global Meet" scheduled on the 23rd January 2014.

The Registered Office of the Company has been shifted from 6A, S.N. Banerjee Road, Kolkata 700 013 to 27B, Camac Street, 1st floor, Kolkata 700016, West Bengal, India. Tel: (033) 39802001

Fax: (033) 2289 5748.

Bata India has splits its face value form Rs. 10 to Rs. 5

Bata open first exclusive store of fitness brand Power.

11th CII National Competitiveness and cluster summit 2018.

Best Loyalty programme in Retail Sector Customer Fest Awards 2019.

Best Customer Retail Experience Customer Fest Award 2019.

13th CII National Competitiveness and cluster summit 2020.

Best Contactless Service Experience Awarded for Bata Chat Shop by customer fest leadership awards 2021.

Bata Received India Retail Tech Awards.

Bata signs licensing & manufacturing deal with Authentic Brands Group

The Company has approved licensing and manufacturing deal with Authentic Brands Group for their world-renowned lifestyle brand Nine West. Under the arrangement, Bata India will have rights to manufacture, market and distribute Nine West shoes and accessories, across India through its stores.