Bharati Defence and Infrastructure Limited (formerly Bharati Shipyard Limited) is one of the largest shipbuilding companies in India.
History
Bharati Shipyard Limited (BSL) was founded in 1973 in Ratnagiri, Maharashtra by Prakash C. Kapoor and Vijay Kumar, graduates of the Ocean Engineering & Naval Architecture program at Indian Institute of Technology, Kharagpur, as well as colleagues at Mazagon Dock Limited. The company went public in December 2004, with listings on the Bombay Stock Exchange and the National Stock Exchange.[2]
In 2005, BSL subsequently acquired a 51% stake in privately held Pinky Shipyard Private Limited based in Goa. In 2009, BSL won majority control of Great Offshore Limited in a bidding war with ABG Shipyard Limited.[3] In November 2010, BSL acquired a majority stake in South India based Tebma Shipyards for INR 757.5 Million.[4]