Bharat Comm reg offc
Birlagram
Nagda - 456331 - Madhya Pradesh
Tel. 91-07366-47871
Fax. 91-07366-44251
For further details and buy and sell offers contact Dharawat on 08108303330 or email dharawat1@gmail.com
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We are most grateful to Mr. Dharawat . We , also, have some blank ( un transferred shares ) of Bharat Commerce ( One pre 1947 Share certificate giving the name as Bharat Airways ). Bharat Airways 's civil aviation business became Indian Airlines ( Indian Airlines later merged in to Air India ( Air India was Tata Airways before nationalisation . And what has become of Air India today. In 1948 it was Tata Airways planes which were pressed in to service to ferry Indian troops to rescue Kashmir Valley from the Tribal / Pakistan invasion )
Regarding Bharat Commerce , at the time of the recent ECE Industries Limited 's Rights Issue we took up the matter with ECE limited as to why Bharat Commerce was not mentioned in the Risks in the Letter of Offer of ECE. Both had their registered offices at Kasturba Gandhi Marg , New Delhi The ECE officers denied any link with Bharat Commerce. Similarly , Kesoram Textiles ( Kolkata ) pleaded its inability to give us the address of Bharat Commerce. To the best of our knowledge both were of Basant Kumar Birla group ( Kesoram / Century ) and most probably , after succession , become part of Kumar Mangalam Birla ( Grasim / Hindalco ).
About 10 -15 years ago , there was labour trouble in the Mills of Bharat Commerce. It had mills at many locations including Rajpura , Thane Nagda. Some units were sold. But why no attempt was made rescue the Company or merge it with Kesoram / Century remains a mystery.
In my childhood ,mid 1960 s when we were at Rajpura ( Punjab ) , the daily routine of the residents of Rajpura was guided by the " ghughoo " ( Factory's Sirens ) of the "Dhaga Mill " ( Yarn Mill ) of the then blue chip Bharat Commerce And Industries Limited .
Today the " Dhaga Mill " of Rajpura is history.
( In this age of Demat , we , also , miss the old share certificates . Some were very graphic and interesting . We loved to read the history of previous share holders given on the reverse. How lovingly we touched the certificates in gratitude when ever their rates shot up. )
Ashwani Kumar Aggarwal
Please also visit the link :-
http://www.moneycontrol.com/company-facts/bharatcommerceindustries/history/BCI
The fact that Bharat Commerce And Industries belonged to the Basant Kumar Birla group is confirmed by this fact sheet of the popular share portal moneycontrol.com . :-
http://www.moneycontrol.com/company-facts/bharatcommerceindustries/background/BCI
The shareholders of Bharat Commerce And Industries should demand the merger of Bharat Commerce with either Kesoram or Century ( or even with Grasim )
Please , also , read ( especially the last para ) of this 2001 Business Standard Report :-
http://www.business-standard.com/india/news/bk-birla-group-mulls-ten-firms-merger/94054/
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Birlagram
Nagda - 456331 - Madhya Pradesh
Tel. 91-07366-47871
Fax. 91-07366-44251
For further details and buy and sell offers contact Dharawat on 08108303330 or email dharawat1@gmail.com
---------------------------------------------------------------------------------------------------------------
We are most grateful to Mr. Dharawat . We , also, have some blank ( un transferred shares ) of Bharat Commerce ( One pre 1947 Share certificate giving the name as Bharat Airways ). Bharat Airways 's civil aviation business became Indian Airlines ( Indian Airlines later merged in to Air India ( Air India was Tata Airways before nationalisation . And what has become of Air India today. In 1948 it was Tata Airways planes which were pressed in to service to ferry Indian troops to rescue Kashmir Valley from the Tribal / Pakistan invasion )
Regarding Bharat Commerce , at the time of the recent ECE Industries Limited 's Rights Issue we took up the matter with ECE limited as to why Bharat Commerce was not mentioned in the Risks in the Letter of Offer of ECE. Both had their registered offices at Kasturba Gandhi Marg , New Delhi The ECE officers denied any link with Bharat Commerce. Similarly , Kesoram Textiles ( Kolkata ) pleaded its inability to give us the address of Bharat Commerce. To the best of our knowledge both were of Basant Kumar Birla group ( Kesoram / Century ) and most probably , after succession , become part of Kumar Mangalam Birla ( Grasim / Hindalco ).
About 10 -15 years ago , there was labour trouble in the Mills of Bharat Commerce. It had mills at many locations including Rajpura , Thane Nagda. Some units were sold. But why no attempt was made rescue the Company or merge it with Kesoram / Century remains a mystery.
In my childhood ,mid 1960 s when we were at Rajpura ( Punjab ) , the daily routine of the residents of Rajpura was guided by the " ghughoo " ( Factory's Sirens ) of the "Dhaga Mill " ( Yarn Mill ) of the then blue chip Bharat Commerce And Industries Limited .
Today the " Dhaga Mill " of Rajpura is history.
( In this age of Demat , we , also , miss the old share certificates . Some were very graphic and interesting . We loved to read the history of previous share holders given on the reverse. How lovingly we touched the certificates in gratitude when ever their rates shot up. )
Ashwani Kumar Aggarwal
Please also visit the link :-
http://www.moneycontrol.com/company-facts/bharatcommerceindustries/history/BCI
The fact that Bharat Commerce And Industries belonged to the Basant Kumar Birla group is confirmed by this fact sheet of the popular share portal moneycontrol.com . :-
http://www.moneycontrol.com/company-facts/bharatcommerceindustries/background/BCI
The shareholders of Bharat Commerce And Industries should demand the merger of Bharat Commerce with either Kesoram or Century ( or even with Grasim )
Please , also , read ( especially the last para ) of this 2001 Business Standard Report :-
http://www.business-standard.com/india/news/bk-birla-group-mulls-ten-firms-merger/94054/
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July 23, 2011
Bharat Commerce - Wound Up - Update by Satyakam Mishra
Dear Mr. Aggarwal
As per the records of Office Of Official Liquidator, Indore, petition 12/04 was filed for compulsory winding up of M/s. Bharat Commerce & Industries Ltd. Nagda dated 11/07/2005 which has already been granted.
Quoting a 2001 report in 2011, I found that little comical.
Satyakam Mishra
reachsatyakam@gmail.com
http://equityconnect.blogspot.
As per the records of Office Of Official Liquidator, Indore, petition 12/04 was filed for compulsory winding up of M/s. Bharat Commerce & Industries Ltd. Nagda dated 11/07/2005 which has already been granted.
Quoting a 2001 report in 2011, I found that little comical.
Satyakam Mishra
reachsatyakam@gmail.com
http://equityconnect.blogspot.
4 comments:
Some Share certificates of Scindia Steam Navigation ( now in liquidation )had very venerable previous owners list ( like Dewan , Mysore State ).Same with old Central Bank of India Limited ( nationalised ) share certificates Old TISCO ( Tata Steel ) Shares were Rs.75 paid with Slips attached that Face Value increased to Rs.100 after a 1: 3 Bonus !!
Thank God some things would always remain Physical . You cannot have your gf in demat .
Interesting to note that Bharat Commerce would go to Kumar Mangalam Birla. We hope they make a proper Will this time.
Dear Mr Agarwal, As per the records of Office Of Official Liquidator, Indore, petition 12/04 was filed for compulsory winding up of M/s. Bharat Commerce & Industries Ltd. Nagda dated 11/07/2005 which has already been granted.
Quoting a 2001 report in 2011, I found that little comical.
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