BNR Udyog Limited (formerly Rathi Stock & Share Brokers Limited), founded by Shri B.N. Rathi (1922-2013) was incorporated on 29th November, 1994 to carry on the business of Stockbroking, Under writing, Merchant Banking and other Financial Activities. Later, the company has diversified into IT & ITES, eGovernance & Construction activities as there core business activities.