History of Balsara Hygiene Products Ltd.

YEAR EVENTS 1978 - The Comp. was incorporated on 29th April. The objects is to manufacture & deal in hygiene products & to carry on trading & agency business.

1979 - The name of Comp. was changed from Mahi Trading and Commerce Ltd., to Balsara Hygiene Products Ltd.

1980 - The Comp. was a 10% partner in M/s. Balsara Hygiene Products, a partnership firm. This partnership firm was entirely taken over by Comp. with effect from 1st July.

- 20,000 No. of shares taken up by promoters, directors etc. 30,000 shares offered at par to the public in November 1978.

- 30,850 shares issued without payment in cash.

1983 - The Comp. decided to take over the function of Company distributors Balsara and Comp. [Pvt.s] Ltd., & a Scheme of Amalgamation was under preparation. The Scheme of Amalgamation of Balsara & Comp. [Pvt.s] Ltd., with the Comp. was approved by High Courts of Bangalore & Mumbai & the merger became effective on 30th September.

1985 - A Laboratory & Research Centre was developed for conducting research in herbs & medicinal plants for improving dental health.

1986 - In October 80,850 bonus shares issued in Prop. 1:1.

1987 - The Comp. launched successfully ODOMOS Mats & Device as well as BABOOL toothpaste.

1989 - 1,61,700 bonus shares issued in prop. 1:1.

1991 - 3,23,400 Bonus shares issued in prop. 1:1.

1993 - The Comp. launched `Promise - Just for kids' a special toothpaste for kids & `Odopic Bar'.

1994 - 32,34,000 Bonus shares issued in prop. 5:1.

2000 - The Comp. has launched Promise Gel toothpaste.