Business Week in its “BW BEST MIDSIZED COMPANIES” has ranked the Company “15” in terms of Profitability and “74” for an overall performance under Top 200 companies under size of 100 Crores.
Barak Valley Cements Ltd has informed that Badarpur Energy Pvt. Ltd., the wholly owned subsidiary of the Company has acquired three tea Companies in the name of M/s. Goombira Tea Company Pvt. Ltd., M/s. Chargola Tea Company Pvt. Ltd. and M/s. Singlacherra Tea Company Pvt. Ltd. by way of acquisition of the entire shareholding of these Companies and takeover of management. Therefore, in accordance with the provisions of Section 4(1)(a) & (b) of the Companies Act, 1956, the three Companies have become the wholly owned subsidiaries of Badarpur Energy Pvt. Ltd. and therefore, as per Section 4(1)(c) of Companies Act, 1956, they have become the chain subsidiaries of Barak Valley Cements Ltd.
Company has also been featured as one of the nation’s fastest growing manufacturing companies in the premier business magazine named “Industry 2.0”. “Industry 2.0” in its August-September 2008 issue of Top 500 Manufacturing SMBs has identified the Company at a ranking of 112.
The Company has launched the BVCL newsletter making it a space to share the hard work, success, future plans of the Company.
The Company has also launched its brand “Valley Strong” Cement in Guwahati.
Sh. Kamakhya Chamaria, Vice Chairman and Managing Director of the Company has received “RASHTRIYA EKTA SAMMAN” from “ALL INDIA NATIONAL UNITY CONFERENCE, NEW DELHI” for outstanding services, achievements and contributions on the occasion of Rashtriya Ekta Diwas on the eve of 66th Birth Anniversary of Late Shri Rajiv Gandhi on 19th August, 2009, New Delhi.
The Barak Valley Cements Limited has sell out its three wholly owned subsidiary Companies named M/s. Goombira Tea Company Pvt. Ltd., M/s. Chargola Tea Company Pvt. Ltd. and M/s. Singlacherra Tea Company Pvt. Ltd by way of endorsing the entire shareholding of these Companies and by changing the management of the company.
Further, Barak Valley Cements Limited has now Four Subsidiaries.