Balmer Lawrie Investments

Balmer Lawrie Investments Limited operates as a Government of India Enterprise and a special purpose vehicle, with its main activity being holding investments in its subsidiary. The company's primary focus is to deliver better returns to its shareholders by minimizing costs and maximizing interest income from bank deposits. Its income is generated from two key sources: dividends from its subsidiary, Balmer Lawrie & Co. Ltd., and interest from deploying surplus funds. The company was formed with the sole objective of holding the equity shares of Balmer Lawrie & Co. Ltd. that were transferred from IBP Company Limited. To support its lean operations, it utilizes management and infrastructure services from its subsidiary through a formal service agreement as it has no other employees. In the 2023-24 financial year, the company’s total income saw a significant increase of around Rs. 1264.77 Lakhs compared to the previous year.;