The company was incorporated as “Speedage Commercials Limited”on 9th day of November, 1984 as a Public Limited Company vide Certificate of Incorporation No. 34503 of 1984 issued by the Registrar of Companies, Maharashtra, Mumbai. Subsequently the company was issued Certificate for Commencement of Business on 6th day of December, 1984 by the Registrar of Companies, Maharashtra, Mumbai. The Registered Office of the company is situated at:


Bhansali House,
A-5, Off. Veera Desai Road
Andheri – (West), Mumbai – 400 053
Tel : +91-22-26731779 – 85
Fax: 022-26731796

The company is listed with Bombay Stock Exchange (BSE) since 23-01-1986 and its entire equity share capital viz. 9,80,000 equity shares having nominal value of Rs. 10/- each, are listed as on date. The Script details are as hereunder

Scrip Code No.- 512291



Mr. B. M. Bhansali

Mr. B. M. Bhansali, aged about 57 years, is a person of astute resolution with popular name in the ABS and SAN manufacturing across the whole Industry. He was appointed as Director of company w.e.f 9th August, 1996 and he possesses a very long enriched business experience of around 25 years with requisite acumen and potential to steer the business in right direction..

Mr. Jayesh B. Bhansali

Mr. Jayesh B. Bhansali, aged about 28 years, is a young and dynamic person with firm determination and popular name in the ABS and SAN manufacturing and trading business all across the Industry. He was appointed as Director of company w.e.f. 30th July, 2004. He possesses a good amount of experience of business and administration.

Ms. Meenakshi Bhansali

Ms. Meenakshi Bhansali – Appointed as Director of Company w.e.f. 04.08.2014. She is a Qualified Professional Accredited with the Formal Qualification of ACS and AICWA (CMA) and has enriched experience of Legal and Statutory functions.



(i) To carry on the business of dealers, general order, suppliers, contractors, importers, exporters, merchants, stockists, buyers, sellers, agents, brokers, commission agents etc. in merchandise goods, chemicals, fertilisers, Building Materials, Furnitures, Engineering goods, electrical and electronic items etc.

(ii) To purchase or otherwise acquire lands, houses, buildings, sheds and other fixtures on land and building and to let them out on lease, rent, contract or undertake sale thereof.

(iii) To carry on business of financing industrial or other enterprises and to make loan, give guarantees and provide securities to any other company.



ISIN No of Company allotted by Central Depository Services (India) Limited (CDSL) for dematerialization of securities is ISIN -INE 497M01015


M/s. B. L. Dasharda & Associates, Chartered Accountants, Mumbai (FRN – 112615W) are the Statutory Auditor of the Company for a period of 5 years viz. from F.Y. 2022-23 to 2026-27.