Balmer Lawrie Investments Ltd, incorporated on September 20, 2001, is a government-owned holding company under the Ministry of Petroleum & Natural Gas, India. Its primary function is to hold equity shares in its subsidiary, Balmer Lawrie & Co. Ltd, making it a Special Purpose Vehicle with no other business activities. The President of India holds a 59.67% stake in the company's equity capital. The formation of Balmer Lawrie Investments Ltd was part of a strategic restructuring involving the disinvestment of IBP Co Ltd, leading to the transfer of a 61.8% stake in Balmer Lawrie & Co. Ltd to Balmer Lawrie Investments Ltd.
The company also has interests in Balmer Lawrie (UK) Ltd, a subsidiary of Balmer Lawrie & Co. Ltd. However, operations in the UK are being closed, with assets such as the share in PT. Balmer Lawrie Indonesia being transferred. This focus on holding and managing equity in Balmer Lawrie & Co. Ltd defines its business scope.
