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Binani Industries

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Binani Industries
Company typePublic
BSE500059
NSEBINANIIND
IndustryCement, Zinc & glass fiber
Founded1872; 152 years ago (1872)[1]
Headquarters,
India
Area served
Worldwide
Key people
Braj Binani (Chairman), Sunil Sethy (MD)[2]
Number of employees
1500
SubsidiariesBinani Cement Ltd, Binani Zinc Ltd, Goa Glass Fibre Ltd& BT Composites Ltd.
WebsiteOfficial website

Binani Industries Ltd is an Indian business group based in Mumbai.[3] It belongs to the Braj Binani Group. The business portfolio of Binani Industries includes sectors like cement, zinc, glass-fiber, and downstream composite products.[4]

Binani Industries holds the following subsidiaries:[5]

  • Binani Cement Ltd - Cement
  • Binani Zinc Ltd - Electrolytic Zinc
  • Goa Glass Fiber Ltd. - Glass Fiber

Binani Industries owns more than 98% of Binani Cement.[6]

Binani Industries holds operations in sales, manufacturing, and R&D in Asia, Europe, Middle East and North America.[7]

Controversy

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Calcutta High Court issued an order for the winding up of Binani Industries Ltd, the holding company of Binani Cement Ltd, due to its default on paying Rs5.65 crore to the advertising agency Milestone Brandcom Pvt Ltd.[8]

References

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  1. ^ "Binani". Binaniindustries.com. Retrieved 2 December 2010.
  2. ^ "BINANIZINC History | Binani Industries Ltd Company History & Profile". Economictimes.indiatimes.com. Retrieved 2 December 2010.
  3. ^ "Binani". Binaniindustries.com. Retrieved 2 December 2010.
  4. ^ "Binani Industries to buy public holding in cement unit - Money - DNA". Dnaindia.com. 6 October 2010. Retrieved 2 December 2010.
  5. ^ "Binani Industries, Binani Cement soar on plan to delist Binani Cement". Indiainfoline.com. Archived from the original on 11 October 2010. Retrieved 2 December 2010.
  6. ^ Gohel, Ankit (3 January 2024). "Building material companies likely to post strong volumes, margin growth in Q3". mint. Retrieved 3 January 2024.
  7. ^ "Group Overview - Binani Industries". Binani Industries. Retrieved 16 February 2018.
  8. ^ Patra, Shakti (22 September 2017). "Binani Industries liable to be wound up: Calcutta high court". mint. Retrieved 3 January 2024.