भारत इलेक्ट्रॉनिक्स > कंपनी इतिहास > Electricals > कंपनी इतिहास का भारत इलेक्ट्रॉनिक्स - बीएसई: 500049, NSE: BEL

भारत इलेक्ट्रॉनिक्स

बीएसई: 500049  |  NSE: BEL  |  ISIN: INE263A01024  |  Electricals

कंपनी इतिहास - भारत इलेक्ट्रॉनिक्स
 - The Company was incorporated starting with Bangalore unit.  The
 Company Manufacture electronic communication equipments such as
 HF/VHF communication transmitters and receivers, HF/VHF microwave
 radio relays  and radars, electronic components needed mainly by
 Defence services and also by the entertainment industry like radio,
 TV, etc.  The Company
 received progressive self reliance in the areas of radio
 communication, radars, broadcasting components.
 - The Company devotes considerable effort to deliver state-of-the-art
 equipments to defence users.
 - 4,30,000 shares were issued to the President of India.
 - 1,10,000 shares issued to the President of India.
 - Some of the major accomplishments in the design and development
 activities were Cyclone warning radar for Indian Meteorological 
 Department, Multiple target field artillery radar for Army.
 - Components like a vapour cooled 45KW transmitting tube, ICS and
 HMCs for telecommunication applications and a variety of types of
 transistors were introduced in the market.
 - 1,10,000 shares issued to the President of India.
 - The Company developed a 10KW TV transmitter, system design of the
 Central Production Centre at New Delhi for Doordarshan, solid state
 FM transmitters and a new generation of 10KW mediumwave transmitters,
 120 channel UHF digital radio relay equipment for the Department of
 - 1,10,000 shares issued to the President of India.
 - The Company entered into the Satellite Communication and simulators
 segments of business and widened the export base both in terms of
 market and products.  The Company introduced indigenously developed
 automatic test equipment for the army, ship handling simulators for
 Navy, low capacity 40 line electronic exchange for rural applications
 and high reliability semi conductor devices for space applications.
 - 50,000 shares issued to the President of India.
 - During the year, Taloja, Machilipatnam, Ghaziabad, Kotdwara and
 Panchkula units registered losses mainly due to lack of order from
 defence rector.  Production of Ghaziabad, Machilipatnam and Kotdwara
 has been affected due to lack of orders from Defence Sector and DOT.
 - The Company has signed a MOU with General Electric Company, USA for
 forming a joint venture company for manufacture and supply of of X-Ray
 - The Company set up a joint venture 100% export oriented unit with
 Oldelft, Netherlands, for the manufacture of image intensifiers.
 Another joint venture was entered with HMT and KSIIDC for manufacture
 of watch crystals.  The Company also proposed a joint development
 programme with a Swiss company for updating of radars. 
 - Machilipatnam and Kotdwara units incurred losses due to lack of
 orders from Defence Services and DOT.  Taloja unit suffered due to
 fall in demand for 20 Black and White TV Glass Shells.
 - The Company diversified its activities into related areas of like
 Energy Saver, Fish Finder, Solar Cells & Systems, Emergency
 Communication Systems for Railways, Contract Manufacturing etc. 
 - The company is setting up facilities for the manufacture of Silicon
 Wafers at Bangalore Complex with an investment of Rs 2000 lakhs. 
 - The Company has entered into a number of collaboration agreement
 with leading foreign companies for manufacture of State-of-the-art
 equipment and products.
 - The Company had set up a Central Research Laboratory (CRL) at
 Bangalore to undertake research in frontier areas of technology.  The
 Company proposed to establish second CRL at Ghaziabad which would
 focus on signal processing computers, antenna and microwave
 - The Company entered into a joint venture with Multitone Electronics
 Plc of UK offering mobile communication solutions for the workplace.
 Another joint venture was entered with GE Medical Systems and formed
 GE BE Private Ltd., for manufacturing a High End Rotating Anode
 Diagnostic X-ray Tube called CT MAX used in CT Scanners.
 - The debentures were issued on private placement basis:
 16,00,000-15% Non-convertible debentures of Rs 100 each.  (Redeemable
 at 5% premium in four equal annuam instalments starting from
 11.9.1992). 4,00,000-15% Non-convertible debentures of Rs 100 each.
 (Redeemable in four equal yearly instalments at a premium of 5%
 starting from 3.10.1992).  15,00,000-14% Non-convertible debentures
 of Rs 100 each. (Redeemable in equal half-yearly instalment at a
 premium of 5% at the end of 7th, 8th and 9th years from the date of
 allotment, the earliest date of redemption being 28.10.1995).
 - 5,00,000-14% Non-convertible debentures of Rs 100 each. 
 (Redeemable in three equal yearly instalments at a premium of 5%
 starting from 31.10.1995).
 - 1,60,00,000 shares of Rs 10 each amounting to 20% of the subscribed
 and paid up capital of Rs 80 crores was disinvested.
 - The public sector Bharat Electronics (BEL) is firming up a joint
 venture with Multitone of the UK to offer closed user group (CUG)
 paging services for the first time in the country.
 - Bharat Electronics Ltd. is talking to Raytheon for a teaming
 arrangement for airport modernisation systems.
 - BEL will be setting up its first radar surveillance unit at the
 Calcutta airport and in Chennai airport.
 - The public sector Bharat Electronics Limited (BEL) unveiled its
 range of products developed recently for the domestic market.
 - The company has developed an alaram system for unmanned level
 crossings, which would provide both audio and visual signals of the
 arriving train.
 - BEL has also developed conquest, an energy saver device, in
 technical collaboration with an US technology invention company
 Condyne Technology.
 - BE is India's first defence and professional electronics company to
 be awarded the ISO 9002 certification, the benchmark of international
 - The public sector Bharat Electronics Limited (BEL) is now on the
 Internet, with the website developed by the company's international
 marketing division.
 - The company makes electronics for rocket and launch vehicles used
 by the Indian Space research Organisation (ISRO). 
 - Bharat Electronics signed a joint venture agreement with Multitone
 Electronics Plc of UK to set up a joint venture company which will
 offer mobile communication products for the workplace.  The new
 company will be called BEL-Multitone Pvt Ltd.
 - Bharat Electronics Ltd has signed a joint venture with General
 Electric, a  billion Fortune 500 company to manufacture X-ray
 tubes and detectors.
 - The venture company GE BEL launched its new X-ray 40,000 sq.ft tube
 facility at the Export Promotion Industrial park, Whitefield on
 - Employees of Bharat Electronics Ltd. (BEL) in all the nine units
 nationwide went on a one-day strike.
 - Public sector Bharat Electronics Ltd's (BEL), Ghaziabad unit has
 bagged a safety award of merit from National Safety Council, USA. 
 This is for the first time any unit of BEL is winning this award.
 - The company has established a joint venture company with GE for the
 manufacture of medical systems.
 - BEL is also diversifying into manufacture of silicon wafers by
 setting up facilities in Bangalore.
 - Bharat Electronics Ltd. (BEL) has entered into a strategic alliance
 with National Semiconductor Corporation to build motherboards for
 personal computers around the Media GX processor.
 - Gobal avionics systems major Sextant Avionics has signed an
 agreement to transfer the technology for liquid crystal display (LCD)
 systems for MiG 21 aircraft to public sector Bharat Electronics Ltd. 
 - Hindustan Aeronautics Ltd. (HAL), and Bharat Electronics (BEL),
 Bangalore, are among the six winners of the 1998 national awards for
 outstanding achievements in research and development (R and D) in
 different areas of industry.
 - BEL Multitone is a 51:49 joint venture company of Multitone
 Electronics, UK and BEL.
 - Bharat Electronics (BE) Ltd. is setting up an integrated circuit
 (IC) design centre at its manufacturing unit in Jalahally near
 Bangalore in associated with a US partner.
 - Bharat Electronics, a professionals electronics company, which has
 found success in its increasingly popular microprocessor-based
 electronic voting machine (EVM), has supplied a state-of-the-art
 microprocessor based 1 kVA solar power supply unit to power a rural 
 information technology network.
 - BEL also set up an Integrated Circuit design centre and another
 plant to manufacture polysilicon cell which harnesses solar energy
 during the past few months at its existing facility in Jalahalli.
 - The company has diversified its operations at the Taloja unit in
 Maharashtra which was producing glass shells for black & White
 television tubes.
 - The company had tried to raise some funds for setting up the colour
 picture tube unit.
 - The aeronautics major Hindustan Aeronautics Ltd and the electronics
 heavyweight Bharat Electronics Ltd have signed a memorandum of
 understanding, to bring snyergy in their core competencies and to
 complement one another's capabilities.
 - The Company has bagged two awards for excellence in electronics for
 - The Investment and Credit Rating Agency has withdrawn the LAA (L
 double A) rating indicating high safety assigned to the Rs 100 crore
 Bond programme of Bharat Electronics Limited.
 - BEL has informed changes in the Board to the exchange which
 includes  appointment of Air Marshall V A Patkar as part time
 director in the place  of Vice Admiral A.S.Krishnan.
 -Vice Admiral P.C.Bhashin appointed as the director of the Board by
 Government of India
 -BEL has become first defense PSU to acquire operational status of
 mini ratna category-1.
 -BEL committed towards improving social sector through some projects
 like Akshaya and BEL Ladies Association.
 -Company sets a sales target of 2000 crs for the financial year
 -GOI has appointed Mr.P.R.K.Haragopal as Director(finance) in place
 of Mr.P.Bhaskaran Naidu.
 -Review of the unaudited financial results by the auditors for the
 financial year sept-2002.
 -The first batch of, indegenously produced invar filters by BEL have
 been handed over to ISRO.
 -BEL and PicoPeta Simputers pvt ltd are joining together to
 manufacture and market a new range of hand-held indegenously
 developed simputers.
 -Mrs Rita Menon has been appointed as new official director of BEL.
 -GOI appoints Mr S.K.Mehta as Director on the Board of Bharat
 -Company has recorded its highest ever turnover of Rs. 25710 million
 for 02-03, with an increase  of 32%.
 -BEL recorded 39% increase in its gross profit at Rs.395 cr as
 compared to Rs.285 cr last year
 -Company has changed the name of its subsidiary from BE -Delft
 Electronics Ltd to BEL Optronic Devices Ltd.
 -BEL became the first PSU to be adjudged 'The Best Company' for
 2002-03 by the Bangalore Stock Exchange.
 -BEL received order from TN government to supply, install and
 commission the 2 GHz 120-channel  Digital Microvave communication
 system on turnkey basis.
 -Company formulates its vision statement targeting to a turnover to
 50,000 million.
 -Mr.S.Paneer Selvam, Senior Technical Assistant in BEL's Naval
 Systems Strategic 
 Business Unit has received Prime Minister's Shram Shri Award for the
 year 2003.
 -Dr V K Koshy, Chairman & Managing Director of the company resigned
 and GOI has appointed Mr Y Gopala Rao as Chairman & Managing Director
 on the Board of Directors
 -Bharat Electronics gives order worth Rs 8.9 Cr to Astra Microwave
 -Bharat Electronics Ltd has informed that Mr. K. U. Limaye, Director,
 Electronics & Radar Development Establishment, Bangalore has been
 appointed as part-time Director on the Board of Directors of Bharat
 Electronics Ltd in place of Mr. N. Divakar, who has since retired.
 -Bharat Electronics Ltd has informed that the Comptroller and Auditor
 General of India (C&AG), has recently appointed the following firms as
 Statutory/Branch Auditors of the company for the year 2003-04: 1.
 Statutory Auditors: M/s Suri and Co (Statutory auditors, HO,
 Consolidation of accounts and auditors for Banglore, Chennai and
 Hyderabad units).; 2. Branch Auditors: M/s Bubber Jindal & Co.,
 (auditors for Ghaziabad, Panchkula and Kotdwara Units); M/s N V Sarma
 and Co., (auditors for Machilipatnam Unit); M/s Joshi & Sahney,
 (Auditors for Pune and Taloja Units).
 -Shifts Registered office to new premises w.e.f. March 15, 2004. The
 address is as follows: Bharat Electronics Ltd, Nagavara, Outer Ring
 Road, Bangalore 560 045. Tel: 080-2503 9300; Fax: 2503 9305.
 -BEL, PicoPeta Simputers launch Amida Simputer, a hand-held computing
 - PicoPeta Simputers Pvt Ltd and Bharat Electronics Ltd (BEL) have
 launched the Simputer handheld computing device for the enterprises
 called 'Amida Alchamy.'
 -BEL CMD wins Electronics Man of the Year award
 -L&T and BEL join hands to develop radar for Army
 - Bharat Electronics Limited (BEL) signs agreement with Wipro
 Infotech for company wide implementation of MySAP Business Suite,
 -BEL inks contract of .6m with Suriname
 -BEL declares 40% interim dividend for '04-05
 -BEL gets prestigious ICWAI Award
 -Bharat Electronics secures order for Set Top Boxes
 - Bharat Electronics Ltd has appointed Mr. N K Sharma as Director
 (Marketing) on the Board of Directors of the Company. Prior to this
 appointment, Mr. N K Sharma has been holding the post of General
 Manager, heading the Ghaziabad Unit of the Company.
 - Bharat Electronics Ltd has promoted three of its general managers
 as Executive Directors with effect from November 1. Mr D.A. Mohan, ED
 (Telecom & Broadcast Systems) at BEL-Bangalore; Mr Anand Kumar is ED
 (BEL-Ghaziabad); and Mr V. Sundararaman, ED (Technology Planning) at
 the Corporate Office in Bangalore.
 -Bharat Electronics bags IETE award for software development
 -Bharat Electronics signs 2 MoUs on Day 1 of Aero India 2007
 -Bharat Electronics Ltd has informed that Government of India has
 appointed Lt. Gen P Mohapatra, Signal Officer-in-Chief, Army
 Headquarters, as a part-time official Director on the Board of
 Directors of the Company in place of Lt. Gen (Retd.) S P Sree Kumar.
 -Bharat Electronics to open Product Support Centre at Kochi
 -BEL receives SCOPE award
 -BEL to display state-of-the-art defence electronics products &
 systems at DEFEXPO 2008 for global market
 -BEL signs term sheet, MoUs at Defexpo 2008
 -BEL wins Raksha Mantri's Awards 
 - BEL signs MoU with BHEL for Solar JV
 -BEL sets up biz unit for naval sonar systems
 -Appointment of S. K. Sharma as Director of the Company
 -BharatElectr - Boardrecommended a final dividend of 156% (i.e.
 Rs.15.60 )
 -Bharat Electronics Limited India (BEL) signed an MoU with Israel
 Aerospace Industries (IAI) for cooperation on future Long Range
 Surface to Air Missile (LRSAM) Ship-defence Systems.
 - The company have declared payment of 163% Final Dividend (i.e. Rs.
 16.30 per equity share of Rs. 10/- each).
 - BEL records Rs. 6,180 cr turnover (provisional)
 - BEL has recommended a final dividend of Rs. 17.30 per share, this
 is in addition to the interim dividend of Rs. 6 per share for the
 - The company has decided to form a Joint Venture Company (JVC) with
 Thales Air Systems SA, France and Thales India in Radar Business
 -Bharat Electronics - VP of India, M Hamid Ansari, inaugurated the
 modernised BEL Software Technology Centre (BSTC) of Navratna Defence
 PSU Bharat Electronics
 -BEL receives additional Purchase Order for CoMPASS from Elbit
 -The Company has allotted the Bonus Shares to its shareholders in the
 Ratio of 2:1.
 -BEL wins Raksha Mantri Awards
 -BEL receives PSE Excellence Award
 -BEL launches Remote Controlled Weapon Station for MBT Arjun Mk II
 -BEL launches BELCOMNET communication network
 -BEL bags India Pride Award
 -BEL celebrates World Health Day
 -'BEL Achieves Turnover of Rs. 8800 Crores'.
 -BEL wins six Raksha Mantri's Awards'.
 -BEL launches Remote Controlled Weapon Station for MBT Arjun Mk II.
 -BEL receives Offset Contract for CoMPASS from Elbit Systems Electro
 Optics - ELOP Ltd, Israel.
 -BEL signs MoU with Department of Defence Production.
 --BEL wins Excellence Award for 'Responsible Organisation'.
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