Bright Brothers Ltd
Bright Brothers Ltd Company History
Bright Brothers is engaged in the business of manufacturing injection moulded plastics products for supplies to Original Equipment Manufacturers for Consumer Durable Industry and market its own products under “Brite” brand for material handling crates.
2005
The Board of Directors of the Company has allotted 5,00,000 Equity Shares of Rs 10/- each for Rs 40/- per share to Promoters & NRI on Preferential basis.
2005
2008
The Board of Directors of the Company has declared an interim dividend of Rs 10.00 per share of Rs 10/- each for the financial year.
2008
2009
The Company has executed a Business Transfer Agreement with M/s. Vijetha Polytek Pvt. Ltd, for purchase of its unit situated at Bhimtal on a going concern basis for a lump sum consideration of Rs 703 lakhs.
2009
2010
Bright Brothers Ltd has recommended a dividend of 20% (Twenty percent) on Ordinary Shares of Rs. 10/ each fully paid up of the Company.
2010
2011
Bright Brothers Ltd has recommended a dividend of Re. 2/- per Equity shares of Rs. 10/-.
2011
2012
Bright Brothers Ltd has recommended a dividend of Rs. 2/- per Equity Share of Rs. 10/-.
2012
2013
Bright Brothers Ltd has recommended a dividend @ 20% i.e. Rs. 2/- per equity share of Rs. 10/- each.
2013
2022
The Company is proposing to set up the following two manufacturing units in order to cater to its existing customers.
2022
2023
Commencement of commercial production with effect from 10th July 2023 at our subsidiary''s factory located at Lena in the State of Wisconsin, United States of America (USA).
Commencement Of Commercial Production At The New Factory Of The Company Located In Haridwar (SIDCUL).
We refer to our letter dated 3rd June, 2022 regarding setting up of the following additional manufacturing units:
i) Haridwar - State Infrastructure and Industrial Development Corporation Uttarakhand Ltd (SIDCUL) and
ii) Hosur - State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT).
2023
