YEAR                      EVENTS
 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
 from
        27th March.
 
 1992 - The Company proposes to set up a project for Microwave Ovens
 for
        Micro-convectional cooking incorporating the most advanced
        technology in the field.
 
 1994 - Consequent to the allotment of 33,12,000 Equity Shares of Rs
 10/-
        each at a Premium of Rs. 43.44 per share (on which 25% has
 been
        paid upper share), to the Promoter Group on 22nd November.
 
 1995 - The Company commercially launched the Micro Convection
 Cooking
        System and a new model of Microwave Oven which received
        encouraging response.
 
      - The Company launched two new models of Washing Machines and
 one
        new model each of Vacuum Cleaner and Microwave Oven during
 the
        year.
 
 1996 - The Company has introduced a Super Deluxe model in the
 automatic
        Washing Machine range with unique soak facilities.  The R&D
 teams
        had constant interactions with SANYO, Japan which will result
 in
        the introduction of state-of-the-art as well as higher
 capacity
        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
 model
        and also a new 6 kg model in the Washing Machine segment
 towards
        the end of the financial year 1998-99.
 
      - The Company entered into an agreement with National
 Securities
        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
 redeemable
        preference shares of Rs. 100 each aggregating Rs. 40,00,00,000
 on
        private placement basis to ICICI Ltd.
 
         - The Company is to amalgamate BPL Refrigeration Limited, BPL
 Sanyo
            Finance Limited and Alpha Securities Limited into the
 Company
            with effect from 1st April, 1999.