1989 - BPL Sanyo Utilities and Appliances Ltd, a member of the BPL
Group, was incorporated in the year.
- It manufactures a wide range of white goods (home appliances)
such as washing machines, microwave ovens vacuum clearners,
electric irons , etc.
- The company became public and a subsidiary of BPL India Ltd
1992 - The Company proposes to set up a project for Microwave Ovens
Micro-convectional cooking incorporating the most advanced
technology in the field.
1994 - Consequent to the allotment of 33,12,000 Equity Shares of Rs
each at a Premium of Rs. 43.44 per share (on which 25% has
paid upper share), to the Promoter Group on 22nd November.
1995 - The Company commercially launched the Micro Convection
System and a new model of Microwave Oven which received
- The Company launched two new models of Washing Machines and
new model each of Vacuum Cleaner and Microwave Oven during
1996 - The Company has introduced a Super Deluxe model in the
Washing Machine range with unique soak facilities. The R&D
had constant interactions with SANYO, Japan which will result
the introduction of state-of-the-art as well as higher
Washing Machine models in the near future.
1997 - The Company has introduced a new model each of twin tub and
automatic Washing Machines.
1999 - The Company had introduced an upgraded version of the 5 kg
and also a new 6 kg model in the Washing Machine segment
the end of the financial year 1998-99.
- The Company entered into an agreement with National
Depository Limited (NSDL) to facilitate holding and trading
of its shares in the electronic form.
2000 - The Company allotted 10 per cent 40,00,000 cumulative
preference shares of Rs. 100 each aggregating Rs. 40,00,00,000
private placement basis to ICICI Ltd.
- The Company is to amalgamate BPL Refrigeration Limited, BPL
Finance Limited and Alpha Securities Limited into the
with effect from 1st April, 1999.