BACKGROUND OF THE COMPANY

 

  1. The Company was incorporated with the name “Bakrewala Steels Private Limited” on December 27, 1989, in the State of Maharashtra under the Companies Act, 1956 as Private Limited Company. On 21st October 1992, the Company was converted into Public Limited Company with the name “Bakrewala Steels Limited”. On 6th October 1994, the name of the Company was changed to “Bloom Industries Limited”. The Corporate Identification Number (CIN) of the Company is L27200MH1989PLC054774.

 

  1. The Promoter of the Company is Mr Rajendra Prasad Gupta.

 

  1. Bloom Industries Limited (BIL) is engaged in the business of Iron & Steel Traders.

 

  1. The Shares of the Company are listed at Bombay Stock Exchange Limited, Mumbai (BSE). At present, the trading of shares of BIL is suspended with BSE due to non-compliance with the Listing Agreement. The Company had already complied with all the Clauses of Listing Agreement and had applied for Revocation of Suspension with BSE.