The story
Balmer Lawrie was founded as a partnership firm on 1 February 1867 in Calcutta, British India, by two Scotsmen: George Stephen Balmer and Alexander Lawrie. It became a private limited company in 1924 with a paid-up share capital of ₹40 lakhs, a public limited company in 1936 and then a Government of India Enterprise in 1972. BL is classified as a category-I Miniratna company.
From Wikipedia’s article on Balmer Lawrie, shared under CC BY-SA 4.0.4
