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Banco Products (I) share news, announcements and annual reports

NSE: BANCOINDIABSE: 500039Auto ComponentsSmall Cap

Banco Products (I) Limited · Face value ₹2 · Listed Jan 1987 on BSE, Dec 2006 on NSE
Last close ₹589.15up ₹4.55 (0.78%)BSE ₹590.25

Share price at the NSE close on 28 Oct 2026. Previous close ₹584.60.

28 Oct: open ₹575.55, high ₹591.95, low ₹575.55

52-week range of traded prices to 28 Oct 2026
₹502.00Low, 30 Mar 2026₹865.00High, 14 Nov 2025
Market cap
₹8,427 Cr590th largest listed
P/E
17.04
P/B
5.00
Dividend yield
3.90%
ROE
33.1%
ROCE
26.9%
Debt to equity
0.25
Volume, NSE
49,65046.6% delivered

Banco Products (I) share news and announcements

522 announcements, routine notices left out, newest first. Page 10 of 11.

  1. Oct 2010

  2. Sep 2010

  3. Aug 2010

    • 2 Aug · Meeting

      Board of Directors of the Company at its meeting held on July 31, 2010 inter alia transacted the following business: (1) Closure of the Register of Members and Share Transfer Books of the Company from September 18, 2010 to September 28, 2010 (both days inclusive) for the purpose of payment of dividend subject to approval of the shareholders at the ensuing Annual General Meeting to be held on September 28, 2010.
    • 2 Aug · Board meeting

      Board of Directors of the Company at its meeting held on July 31, 2010 inter alia transacted the following business : (1) Appointment of Shri Kiran Shetty as Additional and Executive Director of the Company w.e.f. July 31, 2010; (2) To make investment in Lake Cement Limited ('LCL') up to US$ 12.3M. LCL is a Tanzanian registered company and is setting up a cement manufacturing plant in Tanzania near Dar es Salaam at an estimated cost of Rs.330 crs (US$70m). LCL will be a Joint Venture Company; (3) To establish Wholly Owned Subsidiaries in Mauritius and Singapore for Conducting overseas business operations and to hold investment in overseas group companies. The investment in proposed WOSs in Mauritius and Singapore and in the Joint Venture Company LCL shall be subject to such approval of the competent authorities as may be required; (7) Re-organisation of existing investment in overseas subsidiaries, subject to approval of the Competent authorities as may be required.
    • 2 Aug · Dividend

      Board of Directors of the Company at its meeting held on July 31, 2010 has recommended payment of Dividend @ Rs.2/- per Equity share of Rs.2/- each, i.e. 100% for the Financial Year ended on March 31, 2010 subject to approval by shareholders in the ensuing Annual General Meeting.
  4. Jul 2010

    • 19 Jul · Board meeting

      To consider the following: 1) Annual Audited Financial Results for the year ended March 31, 2010; 2) Recommendation of dividend, if any, for the year ended on March 31, 2010 to the Shareholders; 3) Un-audited Financial Results for the quarter ended on June 30, 2010.
  5. Jun 2010

    • 2 Jun · Management

      Shri Kersi P Kapadia has resigned as Executive Director of the Company w.e.f. May 31, 2010
  6. Apr 2010

    • 16 Apr · Board meeting

      Meeting on 24 Apr 2010: “Unaudited Financial Results for the qtr ended March 31, 2010”
  7. Mar 2010

    • 30 Mar · Updates

      Company has commenced manufacturing unit at Rudrapur recently mainly to meet the requirements in and around Rudrapur.
    • 2 Mar · Business

      The process of acquisition of 100% Equity shareholding of NEDERLANDSE RADIATEURN FABRIEK B.V. - Netherlands, is completed and accordingly, NEDERLANDSE RADIATEURN FABRIEK B.V. - Netherlands and its subsidiaries has become 100% subsidiary of the Company w.e.f. 23.02.2010
  8. Feb 2010

    • 25 Feb · Updates

      Vide its letter dated February 24, 2010 that:"With reference to news item appeared in a leading financial daily titled "Maruti takes 1-lakh A-Stars off the roads", where in Banco Products (India) Ltd, has been mentioned as supplier of gaskets to A-Star model. Banco Products (India) Ltd. clarifies that the company has been supplying gaskets for various models of Maruti Suzuki India Ltd. Gaskets are made based on the technical specifications given by the OEM. We only supply gaskets to models for which we have approvals from OEMS. In this case, we are not suppliers of the specific gasket fitted in recalled A-star model. The company also further clarifies that there will not be any claim on the company, as the company has not supplied the gasket fitted in A-Star model".
    • 22 Feb · Board meeting

      At the meeting of Board of Directors of the Company held on February 20, 2010, interalia the following decision was taken: To acquire 100% shareholding of NEDERLANDSE RADIATEUREN FABRIEK B. V. - a private company with limited liability, incorporated under law of Netherlands, and its subsidiaries, engaged in the business of manufacturing and distribution of heat transfer products, by purchasing 100% of its equity from its shareholders at an aggregate consideration of Euro 17.70 million (Euro seventeen million seven hundred thousand only), subject to the such approval of the competent authorities as may be required.
  9. Jan 2010

    • 20 Jan · Board meeting

      Meeting on 29 Jan 2010: “Unaudited Financial Results for the qtr ended Dec 31, 2009”
  10. Nov 2009

    • 30 Nov · Meeting

      In the Annual General Meeting of the Company held on November 27, 2009 of the Company following resolutions were approved unanimously. 1) Approved the Profit and Loss Account for the year ended March 31, 2009 and Balance Sheet as of that date together with the reports of the Directors and Auditors thereof. 2) Declared the Dividend of Rs.1.50 per equity share (75%). 3) Approved the Re-appointment of Shri Vimal K. Patel, the Director of the Company. 4) Approved the Re-appointment of Shri Mehul K. Patel, the Director of the Company. 5) Approved the Re-appointment of Shah & Co., Chartered Accountants, Mumbai as the Auditors of the Company to hold office from the conclusion of this Annual General Meeting till the conclusion of the next Annual General Meeting. 6) Approved the appointment of Shri Mukesh D. Patel liable to retire by rotation.
    • 13 Nov · Management

      Shri Manubhai G Patel has been appointed as Director of the Company w.e.f 07.11.2009.
  11. Oct 2009

    • 22 Oct · Meeting

      Annual General Meeting for the Financial Year ended on 31.03.2009 will be held on 27.11.2009 as per approval of extension granted by the Registrar of Companies, Gujarat.
    • 6 Oct · Board meeting

      Meeting on 14 Oct 2009: “Unaudited Financial Results for the Qtr ended Sept 30, 2009”
  12. Sep 2009

    • 30 Sep · Allotment of Equity Shares

      Company has made allotment of 94,40,000 Equity Shares of Rs.2/- each to the Shareholders of Transferor Company in terms of approval its merger with the Company. The 8921350 Equity Shares of Rs.2/- each held by the Transferor Company in the Company stand cancelled in terms of approval its merger with the Company.
    • 30 Sep · Meeting

      Board of Directors of the Company at its meeting held on September 30, 2009 inter-alia transacted the following business : 1) Approved the notice of Annual General Meeting scheduled to be held on November 27, 2009. 2) The Register of Members and Share Transfer Books of the Company will remain close from November 20, 2009 to November 27, 2009 (both days inclusive) for the purpose of payment of dividend subject to approval of the shareholders at the ensuing Annual General Meeting.
    • 30 Sep · Dividend

      Board of Directors of the Company at its meeting held on September 30, 2009 inter-alia transacted the following business : 1) Recommended the Dividend @ Rs. 1.50 per Equity Share of Face of Rs. 2/- each, subject to approval of Members in the ensuing Annual General Meeting.
    • 23 Sep · Management

      Shri S K Duggal has been appointed as Director w.e.f. September 23, 2009.
    • 22 Sep · Updates

      1) The Hon'ble High Court , Gujarat has approved the petition of the Company for merger of Ganaga Investments Private Limited with the Company. 2) The Hon'ble High Court , Bombay has approved the petition of the Company of Ganaga Investments Private Limited for merger with the Company. 3) The respective companies have filed necessary forms with Registrar of Companies in this regard.
    • 22 Sep · Board meeting

      To consider inter alia, Audited Financial Results for the year ended March 31, 2009 and recommendation of dividend, if any, for the year ended on March 31, 2009 to the Shareholders.
  13. Jul 2009

    • 13 Jul · Board meeting

      Meeting on 21 Jul 2009: “Unaudited Financial Results for the Qtr ended June 30, 2009”
  14. May 2009

    • 12 May · Management

      Shri Sudhir Munjal has resigned as a director of the Company w.e.f. May 11, 2009
  15. Apr 2009

    • 20 Apr · Board meeting

      Meeting on 29 Apr 2009: “Unaudited Financial Results for the qtr ended March 31, 2009”
    • 2 Apr · Management

      Shri Pankaj M Kadakia has resigned as a director of the Company w.e.f. March 30, 2009.
  16. Mar 2009

    • 27 Mar · Management

      Shri Mukesh Patel has been appointed as Additional Director w.e.f. March 27, 2009.
    • 26 Mar · Updates

      Certified copy of the Report of the Chairman of the Court Convened Meeting held on March 16, 2009 for consideration of merger of Ganga Investments Private Limited with Company. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements) For more details click here.
  17. Feb 2009

    • 24 Feb · Notice of Meeting

      By an order dated January 30, 2009, the Hon'ble High Court of Gujarat at Ahmedabad has directed that a Meeting of the Equity Shareholders of the Banco Products (India) Limited be called and convened on March 16, 2009 for the purpose of considering and, if thought fit, approving with or without modification(s), the Scheme of Arrangement in the nature of amalgamation of Ganga Investments Private Limited with Banco Products (India) Limited. A copy of the notice of the said meeting shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  18. Jan 2009

    • 28 Jan · Business

      The Company has acquired 99 (Ninety nine) equity shares aggregating upto 99.00% of the total issued, subscribed and paid up capital of Kilimanjaro Biochem Limited, Tanzania at a price of USD 7187/-. After the above acquisition, Kilimanjaro Biochem Limited, Tanzania becomes the subsidiary of our Company
    • 16 Jan · Board meeting

      Meeting on 24 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”
  19. Nov 2008

    • 20 Nov · Updates

      Banco Products (I) Ltd has informed the following to the Exchange regarding the following: (1) In view of the prevailing economic conditions, more particularly in Auto industry, the Company has decided to reduce number of working days of operations. (2) Further developments, if any, in this regard would be updated accordingly.
  20. Oct 2008

    • 14 Oct · Board meeting

      Meeting on 24 Oct 2008: “Unaudited financial results for qtr ended September 30, 2008”
  21. Sep 2008

    • 2 Sep · Meeting

      Shareholders, in the Annual General Meeting held on September 02, 2008, have approved the Dividend of (70%) i.e. Rs. 1.40 per Equity Share for the year ended March 31, 2008, on 62078650 Equity Shares of Rs.2/- each ( excluding on 8921350 Equity Shares of Rs.2/- each held by Ganga Investments Private Limited , at its request) absorbing Rs. 1016/-lacs including Tax on Dividend.
    • 1 Sep · Board meeting

      Board, in its Meeting held on August 30, 2008 has decided the following: (1) Approval to the proposal for amalgamation of Ganga Investments Private Limited with the Company, subject to sanctioning of the scheme of Amalgamation by appropriate statutory authorities and various approvals in this regard. (2) Approval of the share Exchange ratio recommended by valuers as 236:1, i.e. 236 equity share of Rs.2/- each of the Company to be given in exchange of every 01 equity share of Rs 100/- each held by the shareholders of Ganga Investments Private Limited whose names appear on Record Date as may be fixed by the Company in due course of time after obtaining the various approvals. (3) Approvals to the Draft Scheme of Amalgamation of Ganga Investments Private Limited with the Company, subject to sanctioning of the scheme of Amalgamation by appropriate statutory authorities and various approvals in this regard. (4) Approval of investment in Equity Capital of Kilimanjaro Biochem Limited, Tanzania up to USD 3,000,000 (Three Million) subject to various Statutory and other approvals as may be required in this regard.
  22. Aug 2008

    • 22 Aug · Board meeting

      To consider among other things, the following: To consider the proposal for merger of Ganga Investments Private Limited ( forming part of Promoter/Promoter Group) with Company, subject to necessary rules, regulations, approvals/permissions as may be applicable/required in this regard u/s. 391/394 of the Companies Act, 1956 etc.
  23. Jul 2008

    • 21 Jul · Management

      The Board, in its Meeting held on 19.7.2008 has appointed Shri Pankaj M Kadakia as Additional Director and Shri Shailesh A. Thakker as Additional Director (designated as Executive Director and CFO)
    • 10 Jul · Board meeting

      To consider inter alia, Unaudited Financial Results for the quarter ended June 30, 2008.
  24. Jun 2008

    • 23 Jun · Meeting

      Board of Directors of the Company at its meeting held on June 23, 2008 inter-alia transacted the following business : 1) Approved the Notice of Annual General Meeting scheduled to be held on September 02, 2008. 2) Recommended the Dividend @ Rs. 1.40 per Equity Share (Face Value of Rs. 2/- per Equity Share) i.e. 70% subject to approval of Members in the ensuing Annual General Meeting. 3) The Register of Members and Share Transfer Books of the Company will remain close from August 25, 2008 to September 02, 2008 (both days inclusive) for the purpose of payment of dividend subject to approval of the shareholders at the ensuing Annual General Meeting.
    • 12 Jun · Board meeting

      To consider inter alia, Audited Financial Results for the year ended March 31, 2008 and recommendation of dividend, if any, for the year ended on March 31, 2008 to the Shareholders.
  25. Apr 2008

    • 17 Apr · Board meeting

      Board of Directors of the Company, in the Meeting held on April 17, 2008, has decided to defer the proposal of the proposed Buy Back.
    • 10 Apr · Board meeting

      To consider among other things, the following: (a) To consider the proposal for Buy-back of Shares u/s 77A of the Companies Act, 1956 and as per SEBI (Buy-back of securities) Regulations, 1998.
    • 9 Apr · Results

      The Company has decided to publish Audited Financial Results for the year ended 31.3.2008 instead of consideration of Quarterly Unaudited Financial Results as on 31.3.2008
  26. Mar 2008

    • 11 Mar · Updates

      The Company has recently commissioned new assembly plant at Jamsedpur , mainly to carter the demand of Major OEM Manufactures in the region
  27. Jan 2008

    • 21 Jan · Board meeting

      Company had informed the Exchange regarding a Board Meeting scheduled to be held on January 23, 2008. The Company has now informed the Exchange that the Meeting of the Board of Directors is rescheduled to be held on January 24, 2008 to consider inter alia, Unaudited Financial Results for the quarter ended on December 31, 2007.
    • 11 Jan · Board meeting

      Meeting on 23 Jan 2008: “Unaudited Financial Results for the qtr ended Dec 31, 2007”
  28. Nov 2007

    • 20 Nov · Business

      Vide its letter dated November 20, 2007 that "In the meeting of the Allotment Committee held today, the Company has allotted 6,78,208 Equity Shares of the Face value of Rs.10/- each Shares at a price of Rs.150/- per share (33,91,040 Equity shares of Rs.2/- each at price of Rs.30/- per share after sub-division) to Japan Metal Gaskets Company Limited Japan on Preferential basis, subject applicable rules, regulations terms of the issue etc. in this regard".