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Twenty First Century Management Services Ltd

Bhansali Engineering Polymers Ltd

BSE : 500052|NSE : BEPL|ISIN : INE922A01025

Bhansali Engineering Polymers Ltd Company History

Bhansali Engineering Polymers is engaged in manufacturing of ABS and SAN resins which is classified under the category of Highly Specialized Engineering Thermoplastics.

2000
2003
2004
2006
2009
2011
2012
2013
2014
2017
2018
2021
2023

2000

The Company has entered into a Sale Agreement and pending its

completion entered into a separate Conducting Agreement with

Polychem Ltd. for its ABS/SAN Unit at Vadodara, for manufacture

of captive consumption as well as for sale.

2000

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2003

The members approved the following in extra ordinary meeting

1. To Increase Authorized Share Capital of the Company from 170 million dividend into 1,70,00,000 equity shares of Rs 10/- each to Rs 200 million divided into 2,00,00,000 Equity Shares of Rs 10/- each by creation of 30,00,000 new equity shares of Rs 10/- each and consequent amendments to Clause V of the MOA of the Company.

2. Issue of 36,50,000 Equity Shares of Rs 10/- each for cash at a premium of Rs 90/- per share aggregating Rs 36,50,00,000 on preferential allotment basis to persons / entities including Bodies Corporate.

2003

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2004

The Company has declared suspension of all the manufacturing activities at its Vadodara factory.

Bhansali Engineering Polymers Ltd Commercial production at Company's Abu Road Unit (erstwhile RPRL Unit of Greaves Cotton Ltd, taken over by the Company on licence basis with an irrevocable right to acquire the same by way of purchase as a "going concern" on "as is where is" basis).

Rationalised plant configuration and achieved 48 KTPA aggregate ABS manufacturing capacity based on exclusive HRG production at Satnoor plant and Bulk SAN and Compounding production at Abu Road.

Initially taken over Greaves Ltd.’s RPRL Unit* at Abu Road under Licence and subsequently purchased it. *Capacity of RPRL Unit at 20 KTPA.

2004

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2006

(i) Appointment of Mr. Jayesh B. Bhansali as an Additional Director of the Company.

(ii) Appointment of Mr. Jayesh B. Bhansali as a Whole Time Director of the Company designated as 'Executive Director'.

2006

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2009

"Ms. Neha Lahoty has been appointed as Company Secretary of the Company.

2009

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2011

Mr. Hasmukh Thakkar has been appointed as Chief Financial Officer of the Company.

2011

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2012

Mr. B. M. Bhansali, Managing Director of the Company have been duly recognised by Institute of Economic Studies (IES) for his contribution towards Industrial growth and has been awarded "Udyog Rattan Award" and simultaneously the Company has been awarded "Excellence Award" considering aforesaid contribution.

2012

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2013

Signing of Joint Venture Agreement of Company with Nippon A&L Inc., Japan.

2013

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2014

Bhansali Engineering Polymers Ltd have recommended Final Dividend @ 10%.

2014

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2017

Bhansali Engineering Polymers Ltd had earlier said that its expansion programme from 100 KTPA to 137 KTPA, to be completed by 31 March, 2019. The Company has successfully commissioned the compounding capacity expansion project at its Abu Road plant from existing 100 KTPA to 137 KTPA within the envisaged cost and time frame.

2017

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2018

Attained the position of Numero Uno ABS manufacturer in India.

Successfully implemented the capacity expansion plan from 80 KTPA to 100 KTPA at its Abu Road plant.

Established ‘State-of-the-Art’ Research and Development Centre ('R&D Centre') at Abu Road in January, 2019.

Successfully commissioned expansion of compounding capacity from 100 KTPA to 137 KTPA at Abu Road plant.

2018

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2021

Bhansali Engineering Polymers Limited has informed that regarding ''The Board of Directors of the Company at its meeting held today has inter alia Approved the Brown Field ABS Expansion Project at Company s existing plants i.e. Abu Road (Rajasthan) & Satnoor (Madhya Pradesh) for enhancing overall ABS production capacity to 200,000 TPA with approx. Capex of Rs.500 Crore, to be funded through Reserves and Surplus which shall be implemented tentatively by December 2024''.

2021

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2023

The Company has issued Bonus Shares in the Ratio of 1:2.

2023

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548):

The SEBI Registration No. allotted to us is INZ000313732.
NSE Member Code: 90326| BSE Member Code: 6808| MCX Member Code: 57120
DP CDSL: 12099800

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Tel no: 011- 49022222 / 011-49022277
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