F. Mecanismos de seguimiento y medios de protección
3. Derechos y Garantías en diferentes sociedades latinoamericanas
1931
- Bata India Limited the Company was incorporated at Calcutta. The Company Manufacture and market of all types of footwear, footwear components, leather and products allied to footweartrade.
Bata was originally promoted as Bata Shoe Co Pvt Ltd by Leader AG, Switzerland, a member of the Toronto-based multinational, Bata Shoe Organisation (BSO). It became a public limited company in 1973 and the name was changed to Bata India Ltd.
1952
- In Mokamehgat, a tannery was established and a hide purchasing centre was also set up there. Another factory was constructed at Faridabad.
1973
- With the public issue of capital in June, Leader A.G. St. Moritz, Switzerland offered for sale 5,00,000 shares out of their holdings at a premium of Rs 20 per share (2,00,000 shares each to LIC and UTI and 1,00,000 shares to the public).
1977
- Leader A.G. St. Moritz, Switzerland offered for sale 8,00,000 shares at a premium of Rs 8 per share to resident Indian
nationals thereby reducing their holdings to 12,00,000 shares or 40% of the issue capital.
- Another 47,14,000 No. of equity shares of Rs 10 each at a premium of Rs 25 per share were issued to Bata (BN) B.V.,
Amsterdam, a wholly owned subsidiary of Leader A.G. St. Moritz, Switzerland, in order to raise their holding in the Company from 40% to 51%.
1979
- 7,50,000 bonus shares issued in prop. 1:4. 1984
- 15,00,000 bonus shares issued in prop. 2:5 in April. 1987
LIC, GIC & its subsidiary) 15% debentures worth Rs 5 crores. The Company also allotted debentures worth Rs 1.75 crores to the Army Group Insurance Fund.
- The Bata Shoe Organisation consists of 96 independently run companies in 90 countries throughout the world.
- 52,50,000 bonus shares issued in prop.
1988
- Agreement was arrived at with Adidas of West Germany for manufacture and marketing of sports and special application footwear, spots goods and sports wear in India and the products were expected to be launched in December, 1989.
- Marketing of `Star' clothings designed by Murjani
International, New York, U.S.A. and sourced through Inmark Brands Pvt. Ltd., was launched.
- A new brand of shoe, `Tigre' was introduced during the year for sales through wholesalers and independent retailers.
1989
- The Company sucessfully launched `Adidas' collection of hi-tech sports footwear.
developed as a substitute for insole leather.
1990
- A highly versatile sample 18-station bicolour injection moulding plant was installed in the Bangalore factory for production of `State-of-the-art' injection moulded shoes with synthetic and textile uppers and specially developed PVC compounds as soleing material.
- Pursuant to a Scheme of Arrangement between the Company and Bata Properties, Ltd. a wholly-owned subsidiary of the Company, certain properties constituting the real estate division of the Company were transferred to BPL for better development and management with effect from 1st July.
1991
- A promotional brand `Tigre' was launched to keep the factories full at all times and thereby reduce losses due to under
recovery of overheads.
- The Company issued non-convertible debentures aggregating Rs 3.50 crores to SBI Mutual Fund. These debentures are redeemable in three equal instalment at the end of 6th, 7th and 8th year
from the date of allotment. Negotiations were in progress for private placement of the remaining debentures.
1992
- The workers at Batanagar factory went on strike from 3rd January, to 23rd May, which resulted in a substantial loss of
production during the initial 6 months of the year.
- The Company undertook to set up a green field export oriented unit at Hosur in Tamilnadu with the State-of-the-art technology.
- Over the years, the Company with the collaboration of Bata Development, Ltd., London, U.K., and its association with Bata, Ltd., Toronto, has been building up its own well-equipped and up-to-date R&D organisation.
1993
- The Company undertook to expand and modernise its existing plants for capacity optimisation to become cost efficient on a global basis. Apart from it also undertook expansion and upgradation of its retail stores. Export Oriented Unit was also to be set up at Hosur in Tamil Nadu.
- During January, the Company issued 105,00,000 No. of equity shares of Rs 10 each at a premium of Rs 20 per share on rights basis in the proportion of 1:1. Allotment of 1,856 No. of equity shares was kept in abeyance since the matter was
sub-judice. The balance 104,98,144 shares were allotted.
1995
- 13,114,000 No. of equity shares allotted to Bata (BN) BV Amaterdown, The Northerlands the holding company.
- The Long Term Agreement with the Bata Mazdoor Union representing employees of Batanagar and Calcutta Offices was signed at bipartite level satisfactorily without any disruption
of work. 1996
- The Company has received a notice in writing from a member of the Company under Section 257 of the Companies Act, 1956 signifying his intention to propose the appointment of Mr Thakur as a Director of the Company.
1997
- India's largest shoe company Bata India (BIL) has performed admirably to stage a remarkable turnaround for the year ended December 1996.
- Bata has entered into a marketing tie-up with Nike wherein the latter's products will be offered from select Bata outlets.
- The company's debt-equity ratio is also set to improve
dramatically to 0.60:1 from 1.90:1 in December 1996, and 2.06:1 in December 1996.
- Bata India, a 51 per cent subsidiary of Canada based Bata Shoe Organisation, had last revalued its buildings in 1969, and the latest exercise which will cover all fixed assets is expected to substantially prop up its reserves.
1998
- Bata India, a subsidiary of the Canadian multinational Bata Shoe Organisation, has suspended its after-sales service.
were expected to sell Hush Puppies, Marie Claire and Adidas.
- Bata India has proposed a dividend of 85 paise per share to its shareholders for the year ended December `98.
- The shoe major had concluded long term wage agreements with the workers of its factories at Faridabad (Haryana) and
Mokamehghat (Bihar) for three years up to 2001.
1999
- Bata needs to launch new products on a regular basis by expanding its women's range, and moving into the premium segments it had vacated.
- The company will launch the `Sundrops' line at New Delhi onAugust 16.
- The company signed seven long-term agreements and the last in Batanagar is in an advanced stage of negotiations which will be settled soon.
- Bata's Faridabad factory workers' union finally reached an agreement with the company management, ending the nearly eight-month-old lock-out at the unit.