YEAR EVENTS 1970 - The Company was Incorporated on 24th October, as a private limited company and converted into a public limited company on 6th May, 1986. The Company is engaged in the manufacture of the "Bhilwara" suiting and shirting. The Company has established a manufacturing capacity of 20 lakhs metre of fabrics per annum at its two plants in Rajasthan. - The Company's objects is manufacturing and marketing of all types of synthetic fabrics. - Certifications: 1.ISO / ISO 9001 2. Oekotex 3.Oekotex 1984 - The Company had taken up a scheme for replacement of its old cimmco looms. As a result of this scheme, 8 latest Sulzer projectile looms were imported from Switzerland and installed. - Till date, 2,920 shares issued without payment in cash. 1985 - 16 more Sulzer weaving machines were imported for the Company's Mandapam unit. - A letter of intent was received for setting up a worsted spinning mill with a capacity of 25,000 spindles. 1986 - 5,89,757 shares issued at par out of which the following shares were reserved for preferential allotment: 1,52,560 shares to existing shareholders; 29,497 shares to employees (including working directors); 11,200 shares to business associates and 2,34,000 shares to NRIs with full repatriation rights. 5,197 shares out of employees and business associates quota and 22,000 shares out of non-residents quota were not taken up. The balance 1,62,500 shares along with the unsubscribed portion of 27,397 shares out of the preferential quota were offered for public subscription during June. 1,47,343 additional shares allotted to retain oversubscription (38,140 shares to shareholders and 1,09,203 shares to the public). 1988 - 3,584 spindles were set up in the follow up of N. Schlumberger's of France preparatory. It was also proposed to procure international know-how from Europe for manufacture of worsted fabric in light weight category. 1989 - 30,000 pref. shares subscribed by financial institutions. 20,50,000 No. of equity shares of Rs.10 each issued at par of which 13,47,343 shares offered as rights shares in prop. 1:1 (all were taken up). - Additional 17,885 shares were allotted to retain oversubscription. Another 1,02,500 No. of equity shares were issued to employees on an equitable basis (only 9,500 shares taken up). - The remaining 6,00,157 shares along with 93,000 shares not taken up by employees were offered for public subscription during February (all were taken up). Additional 2,89,516 shares were allotted to retain oversubscription. 1992 - During September, the Company issued 18,52,422 No. of equity shares of Rs.10 each at a prem. of Rs.10 per share on rights basis in the prop. of 1:2. All were taken up. Allotment of 2,150 shares was kept in abeyance. - Another 92,621 No. of equity shares of Rs.10 each at a prem. of Rs.10 per share were offered to the employees. All were taken up. - 19,45,043 shares issued on rights basis. 1993 - The Company undertook to expand the weaving section by installation of 25 Sulzer projectile weaving machines. 1994 - The Company entered into a collaboration agreement with worsted fabric manufacturers in Germany for manufacture of woollen/ worsted fabrics. EOU is being set up in the name of BSL Wulfing Ltd. - 1792 spindles were further installed for production of superfine varieties of worsted yarn enabling manufacture of yarn for higher range pure wool and poly wool suitings. - The name of the Company was changed from Bhilwara Synthetics Ltd. to BSL Ltd. - 1,021 No. of equity shares issued on rights basis. 1995 - 25 Sulzer single width projectile weaving machines were installed in March. - The Company had undertaken to install 44 Sulzer weaving machines of which 16 were installed and commercial production was started. - The Company issued 17,00,000 No. of equity shares of Rs.10 each at a prem. of Rs.100 per share through a prospectus as follows: - 1,87,000 shares on firm allotment basis to promoters, relatives. - 3,00,000 shares to Indian Development & Multilateral Financial Institutions/Mutual Funds/banks (only 1,50,000 shares taken up). - 3,60,000 shares to FIIs/OCBs/NRIs (only 2,06,900 shares taken up) - Balance 8,53,000 shares along with 3,03,100 shares not taken up under preferential quota was issued to the public (all were taken up). - 16,85,800 No. of equity shares issued through prospectus. 1996 - With effect from 18th March, the joint venture agreement with M/s. Wulfing Tuchfabrik GmbH was terminated due to its failure to provide the committed funds in the form of equity capital to the Company. 1998 - 1920 spindles were installed in its Worsted Spinning Division to enhance its capacity to 7904 spindles. - 30,00,000-14% redeemable cum. pref. shares of Rs. 100 each redeemed on Feb. 1999. 2001 - Mr. J.N. Pathak, Mr. A.K. Jhajharia and Mr. Pradeep Agarwal resigned from the Board. 2004 -Equity shares of the company delisted from Delhi Stock Exchange with effect from February 11, 2004 - The 2.40 MW Wind Power Mill has commenced the commercial generation of power wef March 10, 2004 at Jaisalmer (Rajasthan). 2009 - BSL Ltd has informed that the Board of Directors of the Company at its meeting held on July 30, 2009, have co-opted Shri. A N Choudhary as Additional Independent Director. 2011 - The Board of Directors have declared Interim Dividend @ 7.50% i.e. Rs. 0.75 on every Equity Share of Rs. 10/- each amounting to Rs. 77.19 lacs for the financial year. 2012 -M. K. Doogar has been appointed as an Additional Independent Director of the company. -Company have reappointed Nivedan Churiwal as Executive Director and K Churiwal as Chairman & Managing Director of the company. 2014 -Company has recommended Dividend @10% (Rs.1/- per share). 2016 - Best Overall Export Performance?Export fabrics to Focus Lac Countries (Gold Trophy) 2017 - Overall Export Performance in the export of Natural Silk Goods -Best Overall Export Performance?Export fabrics to Focus Lac Countries (Gold Trophy) 2018 - Best Overall Export Performance?Export fabrics to Focus Lac Countries (Gold Trophy) -?Best Overall Export Performance ?Export of Natural Silk Goods (Silver Trophy) 2019 -Best Overall Export Performance ?Export of fabrics to Focus Lac Countries (Gold Trophy)