Binani Industries Explained

Binani Industries
Type:Public
Traded As:
Foundation:[1]
Location City:Mumbai, Maharashtra
Location Country:India
Area Served:Worldwide
Key People:Braj Binani (Chairman), Sunil Sethy (MD)[2]
Industry:Cement, Zinc & glass fiber
Num Employees:1500
Subsid:Binani Cement Ltd, Binani Zinc Ltd, Goa Glass Fibre Ltd& BT Composites Ltd.
Homepage:Official 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 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

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]

Notes and References

  1. Web site: Binani . Binaniindustries.com . 2010-12-02 .
  2. Web site: BINANIZINC History | Binani Industries Ltd Company History & Profile . Economictimes.indiatimes.com . 2010-12-02.
  3. Web site: Binani . 2010-12-02 . Binaniindustries.com.
  4. Web site: Binani Industries to buy public holding in cement unit - Money - DNA . Dnaindia.com . 2010-10-06 . 2010-12-02.
  5. Web site: Binani Industries, Binani Cement soar on plan to delist Binani Cement . Indiainfoline.com . 2010-12-02 . https://web.archive.org/web/20101011122029/http://www.indiainfoline.com/Markets/News/Binani-Industries-Binani-Cement-soar-on-plan-to-delist-Binani-Cement/3322871013 . 11 October 2010 . dead . dmy-all .
  6. Web site: Gohel . Ankit . 2024-01-03 . Building material companies likely to post strong volumes, margin growth in Q3 . 2024-01-03 . mint . en.
  7. News: Group Overview - Binani Industries. Binani Industries. 2018-02-16. en-US.
  8. Web site: Patra . Shakti . 2017-09-22 . Binani Industries liable to be wound up: Calcutta high court . 2024-01-03 . mint . en.

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