Bangalore Fort Farms Limited (BFFL), established on October 24, 1966, is a publicly traded company primarily focused on the trade of jute and agricultural products within India. The company expanded its operations into exporting jute bags and accessories by establishing a unit in the Falta Special Economic Zone (SEZ). Additionally, it diversified its portfolio to include the import and export of metal handicrafts, raw jute, and various merchandise.
In 2018, BFFL experienced a significant increase in its paid-up share capital, rising from Rs. 26,050,000 to Rs. 47,994,000 due to a preferential issue of 21,94,400 equity shares valued at Rs. 10 each. This issue, sanctioned by the shareholders during the Annual General Meeting held on September 25, 2017, was executed on December 8, 2017. The proceeds from this issuance were earmarked for the company's business expansion.
During the same year, BFFL initiated the process of relocating its registered office from Karnataka to West Bengal. Necessary petitions were submitted to the Regional Director (SER), Hyderabad, and requisite e-forms were filed with the relevant ROC's to secure approval for the relocation. Eventually, the company received approval for the relocation from the Regional Director on May 21, 2018, followed by the Certificate of Registration on June 6, 2018.
In 2019, BFFL established a manufacturing and export-oriented unit in the Falta Special Economic Zone, commencing business operations. Through efficient utilization of installed capacity, the company achieved satisfactory growth in sales within a short period.
In 2018, BFFL experienced a significant increase in its paid-up share capital, rising from Rs. 26,050,000 to Rs. 47,994,000 due to a preferential issue of 21,94,400 equity shares valued at Rs. 10 each. This issue, sanctioned by the shareholders during the Annual General Meeting held on September 25, 2017, was executed on December 8, 2017. The proceeds from this issuance were earmarked for the company's business expansion.
During the same year, BFFL initiated the process of relocating its registered office from Karnataka to West Bengal. Necessary petitions were submitted to the Regional Director (SER), Hyderabad, and requisite e-forms were filed with the relevant ROC's to secure approval for the relocation. Eventually, the company received approval for the relocation from the Regional Director on May 21, 2018, followed by the Certificate of Registration on June 6, 2018.
In 2019, BFFL established a manufacturing and export-oriented unit in the Falta Special Economic Zone, commencing business operations. Through efficient utilization of installed capacity, the company achieved satisfactory growth in sales within a short period.
