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History of BSI Ltd.

The Comp. was incorporated on 3rd September, 1943 at Shore Cantt. Bhopal. It manufactures sugar by double sulphitation process & produces/processes oil & oil seeds. In 1983-84, 2 fully paid equity shares of Rs.100 each of Sanrose Investment co. pvt ltd., were acquired making it a subsidiary of company.

Subsequently, the Comp. subscribed to 19978 equity share of Rs.100 of Sanrose of which Rs.25 per share was paid up. The Comp. proposed to promote & incorporate a new Comp. in the name of 'Jagmanek Export Ltd', as a wholly owned subsidiary with an objective to engage in export activity.

2002- BSI Ltd has informed that, the Comp. has become a Sick Industrial Comp. as per SICA, 1985 & registered with BIFR as Case No.149/98. The BIFR has declared the Comp. as 'Sick Industrial Company' & IDBI has been appointed as Operating agency.