Kesoram Industries Limited

Company limited by Shares (2) 517+ employees

Kesoram Industries Limited Description

Kesoram Industries Limited was established in the year 1919 and is headquartered in Kolkata. The company works under the flagship of B K Birla Group of Companies. Their products ranges from tyres to cement to rayon. The company initially started its business as Kesoram Cotton Mills Ltd in the year 1919. Soon they started with the production of rayon. Their first rayon plant was constructed in 1959 under the name Kesoram Rayon. Soon after the construction, the company started with the production of cement and tyres under the names of Birla Shakti Cement and Birla Tyres respectively. The company changed its name to Kesoram Industries Limited in the year 1986. The company has divided its business into three major divisions. This includes Birla Tyres, Birla Shakti Cement and Kesoram Rayon. Birla Tyres was established in the year 1991 as a part of Kesoram Industries Limited. The company collaboraed with Pirelli, the world class type manufacturer in the year 1991 for the production and development of their tyres. Birla Shakti Cement manufactures sells cements and has two cement manufacturing plants at Karnataka and Telangana. To support the production capabilities, the company has a network of 491 sales engineers and 1,544 dealers that are located throughout the region. The Kesoram Rayon was established in the year 1959 is a viscose rayon filament yarn and cellophane paper manufacturing unit that has employed more than 2700 employees. Currently, this particular factory has 52 spinning machines that has been installed with a capacity of 65000 MT per annum. The company's products are improved on a constant basis with a strong focus on research and development. At present, their products can be seen anywhere from fashion runways to everyday clothing. The company's operations have grown from strength to strength. The company is listed on National Stock Exchange of India, Bombay Stock Exchange, Calcutta Stock Exchange Association and Societe de la Bourse de Luxembourg.

Kesoram Industries Limited Overview

517+ employees
Company limited by Shares
Non-govt company
18 Oct,1919
N/A Related OEMs
N/A No. of plants

Company Breakup

Name share
Public Financial Companies
Foreign Holdings
Bodies Corporate
Mutual Funds
Total Number Of Shareholders 80602
Shareholding As On 2015-12-12

Kesoram Industries Limited in News

19 May 2022

IndusInd Bank sells part of pledged shares of Birla Tyres

Shares of Birla Tyres held by Manav Investment & Trading Company were pledged with IndusInd Bank for securing the outstanding dues under Emergency Credit Line Guarantee Scheme (ECLGS) facility from the bank to the borrower company -- Cygnet Industries Limited (CIL).

02 Dec 2020

Goldman Sachs-led group offers Rs 1,800 crore lifeline to Birla Group's Kesoram

Goldman along with an Edelweiss fund have agreed to infuse Rs 1,600 crore in the form of 5 year debentures. Another Rs 200 crore will be used for working capital requirements and other general corporate purposes as part of RBI's resolution plan for stressed assets. There is a possibility of a third investor but that is not yet finalised.

28 Oct 2015

JK Tyre's Q2 net profit up 54.7%

However, the consolidated net sales for the company fell by 3.6 percent to Rs 1790 crores as compared to Rs 1858.6 crore in the same quarter last year.

Directors of Kesoram Industries Limited

Name DIN Email Designation Date of joining
Tridib Kumar Das Unlock to View Unlock to View Director 01 Apr,2016
Lee Seow Chuan Unlock to View Unlock to View Director 08 Aug,2014
Sudip Banerjee Unlock to View Unlock to View Director 29 Apr,2014
Kashi Prasad Khandelwal Unlock to View Unlock to View Director 10 Apr,2012
Vinay Sah Unlock to View Unlock to View Nominee director 03 Nov,2011
Amitabha Jugalkishore Ghosh Unlock to View Unlock to View Director 29 Jun,2006
Manjushree Khaitan Unlock to View Unlock to View Whole-time director 30 Oct,1998
Basant Kumar Birla Unlock to View Unlock to View Director 23 Aug,1940

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