Our Company was originally incorporated as a private limited company under the name of "Bansal Wire Industries Private Limited" on December 11, 1985, under the Companies Act, 1956, pursuant to a certificate of incorporation issued by the RoC. Thereafter, our Company was converted into a public limited company pursuant to a resolution passed by our Board at its meeting held on September 5, 1995 and a special resolution passed by our Shareholders at their annual general meeting held on September 29, 1995, and the name of our Company was changed to "Bansal Wire Industries Limited", and a fresh certificate of incorporation consequent upon conversion from a private limited company to a public limited company was issued by the RoC on November 13, 1995.
Key Milestones/ Key Firsts: 1985 Company Incorporated
1986 Recorded production of 102 tonnes in first month of incorporation
1991 Commenced Cable wire manufacturing
1995 Commenced stainless-steel wire production
2003 Commenced Manufacturing of Galvanized wire
2007 Commenced High carbon wires production
2015 Launched new products such as Spring Wires & Auto Cables of automotive industry
2018 Became Largest producer of S.S wire products
2022 Recorded export turnover of Rs. 385 Crores
2023 BSPL being made a subsidiary
2024
-The Compan delighted to announce its new Product in the name of ""Hose Wire on December 23, 2024
-The Company executed of Share Purchase Agreement with the Shareholders of Bansal Steel and Power Limited for acquisition of 23.85% stake.
2025
-Launch of new product in the name of LRPC Wire (Low Relaxation Prestressed Concrete steel strand).
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