Baroda Rayon Corporation Ltd

(500270)

Incorporated in 1958 and promoted by Sangramsinh P. Gaekwad Formerly Known as The Maharaja of Baroda Baroda Rayon Corporation BRCL is a wellestablished and diversified company. The Company was in the business of manufacturing and sale of Viscose Filament yarn Nylon yarn and By product from manufacturing facility at Udhna Surat in Gujarat state. However entire operational activities of this segment became stand still since August 2008. Currently Company is engaged in Real Estate activities. In 1973 Gujarat Polymers was merged with the company and as a result it acquired the nylon yarn plant. A technical collaboration agreement was entered into with Unitika Japan to manufacture nylon tyre cord. In 1981 the company made a beginning in the supply of technical knowhow and basic engineering for setting up plants with a capacity of 13 tpa for carbon bisulphide.During 198889 BRCL increased the nylon tyre cord capacity from 2000 tpa to 4000 tpa. The capacity of polyester filament yarn PFY was expanded from 1777 tpa to 10797 tpa in 199091 in technical collaboration with Samsung Company South Korea.In Apr.95 it expanded the partially oriented yarn POY plant capacity to 15000 tpa. It is implementing a backward integration project of setting up a polycondensation plant to produce polyester chips. It is also putting up a solid waste recovery plant. To finance these projects it came out with a rights issue of Rs 15.87 cr at a premium in Feb.97.The Nylon plant commenced operations in November 2005. The Company operated the Rayon as well as Nylon Plant in 2008.The Company started its business activities in Real Estate in 202223..

Share Price: ₹187.90 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹412.40Cr as of today
Listing date: 03 Nov, 1994
Chairperson Name: Damodarbhai B Patel