Founded by two Scotsmen, Stephen George Balmer and Alexander Lawrie, in Kolkata, Balmer Lawrie & Co. Ltd. started its corporate journey as a Partnership Firm on 1st February 1867. Traversing the 157 years gone by, today Balmer Lawrie is a Miniratna - I Public Sector Enterprise under the Ministry of Petroleum and Natural Gas, Govt. of India, with a turnover of Rs. 2383 crores and a profit of Rs. 154 crores.
Balmer Lawrie is a diversified PSE leveraging technology and innovation for manufacturing and providing world class solutions.
Balmer Lawrie adheres to robust corporate governance practices, emphasising on transparency, accountability, and ethical conduct to ensure sustainable business growth and stakeholder trust.
Balmer Lawrie regularly invites tenders for various projects and services, promoting fair competition and transparency in the procurement process.
Balmer Lawrie through regular press releases, events and newsletters, ensures that its stakeholders are well-informed about the company's latest developments and achievements.
Mr. Shyam Sundar Khuntia, Director [Finance] has been inducted to the roles of Balmer Lawrie & Co. Ltd., a Mini Ratna Category-I PSE under the Ministry of Petroleum & Natural Gas with effect from March 28, 2016. Mr. Khuntia will be overseeing the Finance and IT functions of the Company. Profile of Mr. Shyam Sundar Khuntia Prior to joining Balmer Lawrie, Mr. Khuntia was associated with ONGC Videsh Ltd. and OIL India Ltd. for more than 30 years. He is a qualified Chartered Accountant and Cost Accountan. A seasoned professional with global exposure, Mr. Khuntia has been instrumental in successfully developing the Accounting system of ONGC Videsh and the Accounting & MIS processes for overseas joint ventures. He introduced significant cost control systems and processes and has won several accolades for his contributions. He was General Manager [Finance], in charge of Treasury & Corporate Tax in ONGC Videsh Ltd., Delhi.
Sunday Dec 29 2024
