Welcome to Borax Morarji Ltd.
Borax Morarji Limited (BML) was incorporated on August 27, 1963 in Mumbai and commenced business on 21st September 1963. It was originally promoted jointly by The Bharamsi Morarji Chemical Co. Ltd. (DMCC) a large scale fertilizer and Chemical manufacturer and Borax Holding Ltd (UK) apart of the Rio Tinto Group, USA with an objective to undertake the manufacturing of various types of Heavy Inorganic Chemicals.
In June 1979, Borax Holding divested their entire holding in Borax Morarji Limited in favour of DMCC Ltd. , original promoter Indian Company. Consequent upson the said disinvestments the promoters of the Company DMCC and Shri. R. M. Goculdas and his associates. Subsequently, DMCC sold their holdings to Goculdas family and their associates.