1992 - The Company was incorporated as a Public Limited Company on
30, and obtained the certificate for commencement of business
January 8. The Company manufacture optical fibre cables. It
promoted by Ms. Priyamvada Birla.
- The Company undertook to set up a project for manufacture of
4,000 cable kilometres p.a. of optical fibre cables in
and financial collaboration with Ericsson Cables AB Sweden.
1993 - 9 equity shares of Rs 10 each subscribed for by signatories
the Memorandum of Association. 249,99,991 shares of Rs 10
were to be issued for cash at par as follows: As on firm
allotment basis: (i) 75,00,000 shares to Ericsson Cables AB,
Sweden; (ii) 87,49,991 to promoters, Indian promoter
their friends and associates; (iii) 27,50,000 shares each to
Universal Cables Ltd. & Vindhya Telecoms Ltd., (iv) 7,50,000
shares to Punjab Produce & Trading Co. Ltd.; (v) 5,00,000
to East India Investment Co. Pvt. Ltd.; (vi) 7,50,000 shares
Hindustan Medical Institution; (vii) 12,49,991 shares to
directors of the Company, their friends and associates;
4,37,500 shares to IDBL. Of the remaining, the following
issued on preferential basis. 4,37,500 shares to employees
the Company and promoters Company (only 4,21,600 shares taken
8,75,000 shares to resident Indian shareholders (all were
up). Balance 70,00,000 shares along with 15,900 shares not
up by employees' were issued to the public (all were taken
1995 - 50,00,000 No. of Equity shares allotted on Rights basis prop.
1:5, (Prem. Rs 40).
1996 - The Company entered into an agreement with Ericsson Cables
Sweden, for technical know-how, assistance in selection of
machinery and raw materials, assistance for start-up etc.
-Mr. D. R. Bansal re-appointed as Managing Director of the Company
-Delist from Madhya Pradesh Stock Exchanges w.e.f. August 05, 2004.
-Delist equity shares from the Calcutta Stock Exchange Association
Ltd (CSE) with effect from March 04, 2005.
-Birla Ericsson Optical Ltd has appointed Mr. Dinesh Kumar Sonthalia,
Dy. General Manager (Commercial) as whole time Company Secretary &
Compliance Officer of the Company with effect from May 23, 2007.
-Birla Ericsson Optical Ltd has appointed Mr. H V Lodha as a Director
of the Company.
-Birla Ericsson Optical Ltd has appointed Mr. S K Daga and Mr. Dinesh
Chanda as alternate Director(s) to act for Mr. Janne Sjoden and Mr.
Magnus Kreuger respectively during their absence with effect from
February 07, 2008.
- Birla Ericsson Optical Ltd has informed that Board of Directors of
the Company at its meeting held on January 29, 2009 has appointed Mr.
Harsh V. Lodha as Chairman of the Company.
- Birla Ericsson Optical Ltd has appointed Mr. K. Raghuraman as
Director of the Company.
- Birla Ericsson Optical Ltd has re-appointed Mr. D. R. Bansal as
Managing Director of the Company for a further period of 3(three)
- Birla Ericsson Optical Limited has appointed Mr. Dinesh Chanda
(DIN- 00939978 and PAN- ABZPC9841R), as alternate Director.
-The Company has appointed Mr. Dinesh Chanda and Mr. S. K. Daga as
-Mr. D. R. Bansal has been appointed as an Additional Director on the
Board of the Company.