1978 - The Company was incorporated on 29th April. The objects is
manufacture and deal in hygiene products and to carry on
trading and agency business.
1979 - The name of the Company was changed from Mahi Trading &
Ltd., to Balsara Hygiene Products Ltd.
1980 - The Company was a 10% partner in M/s. Balsara Hygiene
a partnership firm. This partnership firm was entirely taken
over by the Company 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 Company decided to take over the function of the Company's
distributors Balsara & Company (Pvt.) Ltd., and a Scheme of
Amalgamation was under preparation. The Scheme of
of Balsara and Company (Pvt.) Ltd., with the Company was
approved by the High Courts of Bangalore and Mumbai and the
merger became effective on 30th September.
1985 - A Laboratory and Research Centre was developed for conducting
research in herbs and medicinal plants for improving dental
1986 - In October 80,850 bonus shares issued in Prop. 1:1.
1987 - The Company launched successfully ODOMOS Mats and Device as
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 Company launched `Promise - Just for kids' a special
toothpaste for kids and `Odopic Bar'.
1994 - 32,34,000 Bonus shares issued in prop. 5:1.
2000 - The Company has launched Promise Gel toothpaste.