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Balmer Lawrie became a private limited company in 1924 and a public limited company in 1936. In 1972 Balmer Lawrie became a subsidiary of Indo Burma Petroleum Co. Ltd. (presently known as IBP Co. Limited) and a government company. IBP Co. Limited, by a Scheme of Arrangement has transferred their holding of 61.8% to Balmer Lawrie Investments Limited on and from 15th October 2001. Besides public holding of 18%, financial institutions and insurance companies collectively hold about 20% of the capital. The equity shares of Balmer Lawrie are listed with Ahmedabad, Delhi, Kolkata, Madras, Mumbai and National Stock Exchanges. The company is a diversified multi-activity, multi-technology, multi-location conglomerate with interests in Greases & lubricants, Leather & functional chemicals, Packaging, Turnkey projects, Tea exports, Travel & tourism and Cargo & Logistics.
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