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બિરલા પોવર સોલ્યુશન > કંપનીનો ઈતિહાસ > Electric Equipment > કંપનીનો ઈતિહાસ ના બિરલા પોવર સોલ્યુશન - બીએસઈ: 517001, ઍનઍસઈ : BIRLAPOWER

બિરલા પોવર સોલ્યુશન

બીએસઈ: 517001  |  ઍનઍસઈ : BIRLAPOWER  |  ISIN: INE224B01024  |  Electric Equipment

કંપનીનો ઈતિહાસ - બિરલા પોવર સોલ્યુશન
YEAR                       EVENTS
 1984 - The Company was incorporated on 27th April, at Mumbai.  The
        Company was promoted jointly by Tunghabhadra Industries Ltd.
 and
        Yamaha Motor Co. Ltd.  The Company manufactures portable
        generators & multi-purpose engines.
 
      - The Company entered into a technical-cum-financial
 collaboration
        agreement with Yamaha Motors Co. Ltd (YMCL) of Japan on 31st
        August, YMCL were to provide knowhow & technical information
 for
        implementation of the Company's project and for the
 manufacture
        of portable generating sets. 
 
      - The portable generator sets and engines produced by the
 Company
        would be in the range of 0.5 KW to 4.0 KV.  In case of
        generators, the Company adopted the self excitation brushless
        system which would render the process immune to dust,
 humidity
        and other vagaries of atmospheric conditions.
 
      - For the manufacture of multi-purpose engines, the process
        adopted is the condensor discharge ignition which would
 eliminate
        unwanted parts resulting in better fuel efficiency and low
        maintenance costs.
 
 1985 - 160 shares allotted to promoters, directors, etc. 79,99,840
        shares then issued at par out of which the following shares
 were
        reserved and allotted: 20,80,000 shares to Yamaha Motor Co.
        Ltd., Japan, 20,79,840 to Tungabhadra Industries Ltd., other
        associate Indian companies, directors, etc. and 11,290,000
        shares to Pratap Malapani (a non-resident Indian associate of
 the
        promoters).  Out of the remaining 27,20,000 shares, 1,36,000
        shares to the Company's employees including working directors
        and 54,400 shares to business associates were reserved and
        allotted on a preferential basis.  The balance 25,29,600
 shares
        were offered for public subscription during
 November/December.
 
 1986 - In order to ensure, continuous supply of power, an 850 KVA
        generator was also installed.  The company commenced trial
        production of the LG 900 and 2000 model generators in April.
 
 1987 - New modern generators such as LG 600, LG 900 AC and LG 2800
 were
        introduced.  Prototypes of multipurpose engines (part of
        Company's product range) were also developed.
 
 1989 - New range of products such as multipurpose engine, fogger and
        public address system were test marketed.
 
 1990 - The Company came under the provisions of the above mentioned
 Act
        due to erosion of fifty percent in its networth.
 
 1992 - Production suffered to a great extent as one of the key
 suppliers
        to the Company declared lock-out at their works twice during
 the
        year resulting in non-availability of components.
 
 1993 - The Company launched a new model of genset of a smaller
 capacity
        which operates on kerosene in  order to satisfy market
        requirement of a lower running cost genset.
 
      - The Sales improved in spite of Road Transport Strikes.  The
        Company opened several sales depots throughout the country
 and
        excise duty on portable gensets was reduced to 10% which
 resulted
        in improvement of overall performance of the Company.
 
 1994 - A new Kerosene model `BY 1000 K' launched by the Company in 
        April, for which market response is encouraging.
 
      - The Company proposed to launch multi-purpose engines for the
        semi-rural/rural areas.
 
      - The Company also proposed to deal in various types of
 electrical
        equipment viz. `Inverters' to cater to the middle-class
 household
        segment in the domestic market.
 
 1995 - The Company introduced two new models of self start
 generators.
        Also introduced two new multi purpose engines namely Birla
 Power
        Birla Power Plus.
 
      - 10,00,000 No. of equity shares issued to FIs against dues of
        simple interest.  3,51,500 shares (prem. Rs 20) issued to
 foreign
        collaborator.
 
 1996 - The Company launched two new models of self start portable
        generators and `Yamaha' brand of EF 6600 E (5.5 KW) Electric
        start genset.
 
 1997 - The Company was discharge from the purview of the BIFR under
 the
        sic industrial companies (Sp. Provisions) Act, 1965.
 
      - 11,32,350 No. of equity shares issued to promoters at a prem.
 of
        Rs 58 per share on preferential basis.
 
      - Turnover declined to Rs.70.48 crores due to general slack in
 the
        demand for consumer durables coupled with currency crisis in
        South Asian Countries which led to decline in Exports.
 
      - Genset manufacturer Birla Yamaha would be launching single
        battery inverters in April.
 
      - Birla Yamaha Limited, a joint venture of Yashowardhan Birla
        group and Yamaha of Japan, is making a preferential allotment
        of equity shares worth around Rs.10 crore to the promoters.
 
 1998 - The Company's turnover declined to Rs.69.39 crores due to the
        South East Asian Currency Crisis.
 
      - The Company launched 4 stroke 600 watts LG 700 K model which
        received a favourable response.
 
 1999 - Birla Yamaha is setting up a genset manufacturing facility in
        Himachal Pradesh, its second in the country.
 
      - The company has entered into a long term agreement with
 Yamaha
        and is concentrating on exports during the lean months, gives
        the company the twin advantage of balancing manufacturing in
        addition to earning some additional revenue.
 
 2000 - The Company have received 11,20,000 equity shares of the
 company,
        jointly held by Mr. Sundrashan Malpani and Mr. Ashutosh
 Malpani
        both NRIs for transfer in the name of Transvestments Pte
 Ltd.,
        (TPL), Singapore an Overseas Corporate Body.
 
      - The Company has introduced a range of eco-friendly generators
        under the brand, Birla Ecogen.
 
 2002-Birla Yamaha Ltd has informed that Mr Vijay Agarwal has been
 appointed as an Additional Director of the Company.
 
 
 2004
 Birla Power Solutions, a Yash Birla Group company, has tied up with
 Hindustan Petroleum Corp Ltd (HPCL) to produce electricity
 generators, which run on LPG.
 
 2007
 
 Birla Power Solutions Ltd has informed that Mr. Biswajit Sarkar has
 been appointed as Chief Executive Officer (CEO) of the Company w.e.f.
 March 20, 2007.
 
 - Birla Power Solutions Ltd has informed that the Board of Directors
 of the Company at its meeting held on October 31, 2007, inter alia,
 has Appointed Mr. Kalyan Bhattacharya as Wholetime Director of the
 Company for a period of three years w.e.f. November 01, 2007.
 
 2009
 
 - Birla Power Solutions Ltd has informed that the Board of Directors
 of the Company at its meeting held on July 28, 2009, inter alia, have
 appointed Mr. Upkar Singh Kohli as an additional (Non executive
 Independent) Director.
 
 - Birla Power Solutions Ltd has appointed Mr. Upkar Singh Kohli whose
 term has ended August 08, 2009, under Section 260 of the Companies
 Act, 1956 (being the date of Annual General Meeting) as an
 Independent Director of the Company with effect from September 09,
 2009, by way of circular resolution.
 
 -Company has splits its Face value of Shares from Rs 10 to Re 1
 
 2010
 
 -Birla Power Solutions has given the Bonus in the Ratio of 1:5
 
 
 2011
 
 - The Company, directly and through its subsidiaries viz., Birla
 Energy Infra Ltd and Birla Urja Ltd is venturing into development of
 various conventional and thermal energy projects across India.
 
 2013
 
 -Mr. Jignesh Mehta and Mr. R. P. Mishra has been appointed as a
 Independent Directors of the company.
 
સ્તોત્ર: રેલીગેર ટેકનોવા


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