मैट्रिक्स
 
 
सीएट > कंपनी इतिहास > Tyres > कंपनी इतिहास का सीएट - बीएसई: 500878, NSE: CEATLTD

सीएट

बीएसई: 500878  |  NSE: CEATLTD  |  ISIN: INE482A01020  |  Tyres

कंपनी इतिहास - सीएट
YEAR                                                          EVENTS
 1958 - The Company was incorporated on 10th March, at Mumbai.  The
 main
        objects of the company is to construct, produce, prepare, 
        manufacture, press, vulcanize, repair, retread, purchase,
 sell, 
        import and to deal in tyres, semi-tyres for all types of
 vehicles 
        and inner tubes, flaps and repairs material in general.
         
 1965 - The company obtained a letter of intent from the Government
 for
        the manufacture of 2 million Bicycle Tyres and Tubes per
 annum.
 
 1972 - Research and Development unit was set up at company's Bhandup
        works.  Various types of testing machines were installed in
 the
        laboratory.
 
 1973 - 55,660 bonus equity shares issued in the proportion 1:6.
 
 1976 - 55,660 bonus equity shares issued in the proportion 1:7.
 
 1980 - Authorised capital reclassified in 1978.  89,056 bonus equity
        shares issued in prop. 1:5.
 
 1981 - Deccan Fibre Glass Ltd., was amalgamated with the Company
 with
        effect from 1st June.  In terms of the Scheme of
 Amalgamation,
        members of Deccan Fibre Glass Ltd., were allotted 87,105 No.
 of
        equity shares of Rs 100 each of the Company in the proportion
 of
        1 equity share of the Company for every 40 No. of equity
 shares
        held of DFL.  A letter of intent was also in hand for the   
        manufacture of glass wool.
 
 1982 - The company along with the Pradeshiya Industrial and
 Investment
        Corporation of U.P. Ltd. promoted a joint venture company
 UPCOM
        Cables Ltd. in technical collaboration with Ceat Cari of
 Italy.
 
      - The company entered into a collaboration agreement with
 Yokohama
        Rubber Company of Japan in order to keep abreast of the
        technological progress in the tyre industry as also to
 develop
        radial tyres suitable to the Indian road conditions.
 
      - The Following companies became wholly owned subsidiaries of
        the Company: CTI Investments Ltd., Ceat Investment Ltd., Ceat
        Finance Co. Ltd.
 
      - Authorised capital reclassified.  87,105 shares allotted
 without
        payment in cash to members of Deccan Fibre Glass Ltd. on its
        merger.
 
 1983 - Atlantic Holdings Ltd., and Malabar Coastal Holdings Ltd.,
        became subsidiaries of the Company.
 
 1986 - During September, the Company offered 15% secured
 non-convertible
        redeemable debentures (third series) of Rs 10 crores on a
 rights
        basis to the holders of equity shares/debentures.
 
      - Shares sub-divided on 1.1.1987.  31,07,205 bonus shares then
        issued in prop. 1:2.
 
 1987 - An application was made for industrial licence for the
        manufacture of conveyor belts.  The Company also took in hand
 a
        project for the manufacture of radial tyres and this project
 was
        implemented in the middle of 1987.
 
      - The Company undertook to set up a factory for production of
 nylon
        industrial yarn/cord and nylon tyre cord fabric, a high cost
 raw
        material input for tyre manufacture, at Malanpur, in the State
 of
        M.P.  Technical collaboration and agreement was entered into
 with
        Toray Industries Inc. of Japan.
 
      - During July-August, the company offered 41,92,000-12% secured
        redeemable convertible debentures of 50 each for cash at par
 as
        rights in the ratio of 3 deb: 5 equity shares held. 
 Additional 
        9,30,725 debentures were allotted to retain oversubscription.
        Another 1,17,275 debentures were allotted on private
 placement
        basis.
 
      - 2,08,000 debentures offered to the employees and 1,98,700
        debentures were taken up.  The unsubscribed portion of 9,300
 is
        allowed to lapse.
 
      - The convertible portion of Rs. 25 was automatically and
        compulsorily converted into 1 equity shares of Rs. 10 each at
 a
        premium of Rs. 15 per share on the expiry of 6 months from
 the
        date of allotment.  The non-convertible portion of Rs. 25 was
        redeemed at par in three instalments of Rs. 5, Rs. 10, & Rs.
 10,
        at the end of 8th, 9th, 10th, year respectively from the date
 of
        allotment.
 
 1988 - The Company proposed to expand production facilities at Nasik
        plat to 10 lakh nos. of automotive tyres and also to set up a
        third tyre plant at Waluj, a backward area near Aurangabad.
 
      - The Company entered into an agreement with Nitto Boseki Co.
 Ltd.,
        Japan for improved technology for expansion of the licensed
        capacity of the fibre glass division to 5,000 tonnes per
 annum.
 
      - Meteoric Industrial Finance Co. Pvt. Ltd., became a subsidiary
 of
        the Company on 29th August, consequent upon Ceat Finance Co.
        Ltd., acquiring majority equity stake in that company.
 
 1989 - During January and Febraury the production and sales went up
        despite interruption at Nasik plant due to labour strike. 
 The
        Company proposed to introduce steel belted radials both for
 cars
        and light commercial vehicles by the collaboration agreement
 with
        Yokohama Rubber Company, Japan.
 
      - By the orders of the Board for Industrial and Financial
        Reconstruction dated 31st August, 1990 Murphy India Ltd., was
        amalgamated with the Company with effect from 1st July, 1989.
 
      - Murphy's plant at Thane manufacturing audio and TV products
 has
        been christened as the Electronics Division.  This unit was to
 be
        set up with technical assistance from Richo of Japan.
 
      - The Company undertook the modernisation of the electronics
        division at Thane plant under technical support from Goldstar
 of
        South Korea.
 
      - During December '89-Jan '90, the company offered
 73,80,158-12.5% 
        secured partly convertible debentures of Rs. 160 each on
 rights
        basis in the proportion 1 deb.: 2 No. of equity shares held.
        Additional 11,07,000 debentures were allotted to retain over
        subscription.
 
      - The Company issued 3,69,008-12.5% secured partly convertible
        debentures of Rs 160 each to the employees on an equitable
 basis
        (only 16,850 debentures were taken up).  The balance 3,52,158
        debentures were allowed to lapse.
 
      - Rs. 60 (Part A) of the face value of each debentures was
        compulsorily and automatically converted into 1 equity share
 of
        Rs.10 each at a premium of Rs. 50 per share at the end of 6
        months from the date of allotment of debentures.
 
      - Rs. 100 (Part B) of the face value of each debentures was to
 be
        redeemed at par in 4 equal instalments at the end of 7th,
 8th,
        9th, and 10th year from the date of allotment of debentures.
 
      - The name of the company changed from Ceat Tyres of India Ltd.
 to
        Ceat Ltd.
 
 1990 - During October, the company offered 90,00,000-14% secured
        redeemable non-convertible debentures of Rs. 100 each on
 right
        basis in the ratio of 5 Debentures : 7 equity shares held.
        Additional 1,01,69,000 debentures were allotted to retain
        oversubscription.
 
      - Simultaneously, the company offered 4,50,000 Debentures to
 the
        employees (160 taken up) and the remaining treated as
 unissued.
 
      - Further 2 warrants were issued for every five debentures
        allotted.  Each warrant holder entitled to one equity share at
 a
        premium not exceeding Rs. 65 per share either by payment of
        further contribution or by surrender of appropriate value of
        non-convertible debentures within a period of 3 months which
        would commence from the end of 4th year from the date of
        allotment.
 
      - As per the scheme of amalgamation of Murphy India Ltd. with
 the
        company, 1 equity share of Rs. 10 each of CEAT LTD. was to be
        allotted to the holders of 25 equity shares of Murphy India
 Ltd.
        Accordingly 49,719 No. of equity shares were allotted to the
        shareholders of Murphy India Ltd. on 1st January, 1991.
 
 1992 - The Operations of the Electronics Division was suspended and
        continued to remain suspended during 1993 and all the workers
        accepted voluntary retirement subsequent to a settlement with
 the
        Union for employees.
 
      - The Company undertook a programme of modernisation of its
 plant
        and machinery at Mumbai with a view to improving its
 productivity
        and availing of the increased licensed capacity granted.
 
      - A project was set up in technical and financial collaboration
        with goodyear Tyre & Rubber Co. of USA.  The plant being set
 up
        at the Company's erstwhile site at Aurangabad is to be
        manufacture latest radial tyres and earth mover tyres.  In
        addition the Company was to receive from South Asia Tyres two
        and three wheeler tyres being manufactured at Aurangabad.
 
      - During September, the Company offered 67,74,193-15% Secured
        redeemable partly convertible debentures of Rs. 155 each on
        Rights basis in the ratio of 8 Debentures : 25 Equity shares
        held.  Additional 10,16,129 Debentures allotted to retain
        oversubscription.
 
      - Another 3,38,700-15% Debentures were offered to employees on
 an
        equitable basis (46,003 taken up) Unsubscribed portion of
        2,92,706 debentures were allowed to lapse.
 
      - Rs. 75 of the face value of each Debentures was to be
        automatically and compulsorily converted into 1 equity shares
 of
        Rs. 10 each at a premium of Rs. 65 per share on expiry of 6
        months from the date of allotment of debentures.  Balance Rs.
 80
        of the face value of each debentures was to be redeemed at par
 in
        four instalments of Rs. 20 each commencing from the expiry of
        10th year from the date of allotment of debentures.
 
 1993 - A collaboration agreement entered into with Yokohama Rubber   
 
        Company of Japan for the manufacture of Tyres at Nasik Plant.
 
 
 1995 - The Company was gearing up to launch the Country's latest
        technology car radials, produced at its Aurangabad Factory. 
 New
        brands of truck tyres viz., `CLT NOVA', `HCL-80 Plus' and
 `Turbo
        Lug' were introduced.  Further supported by the introduction
 of
        specialised variants of the well established FM Series.
 
      - 40,62,953 No. of equity shares of Rs 10 each allotted against
        warrants allotted with 14% NCDs (Series VI) on 1st January.
 
 1996 - The Company launched a new radial car tyre `Maestro' the
 first
        radial tyre in India to use state-of-the-art polyester tyre
 cord
        technology combined with steel belts.
 
      - The Company also launched a new heavy duty product `Stamina'
 a
        light commercial vehicle tyre.
 
 2003-Delsit equity shares of the company from Ahmedabad, Calcutta,
 Madras & Delhi Stock Exchanges.
 
 2005
 -Ceat Ltd Issues Rights in the Ratio of 3:10
 
 2009
 
 - Ceat Ltd has appointed Mr. Vinay Bansal as a Director of the
 Company in casual vacancy caused due to sudden death of Mr. M A
 Bakre.
 
 - Ceat Ltd has appointed Mr. Anant Vardhan Goenka as an Additional
 Director on the Board of Directors with effect from December 21,
 2009.
 
 2010
 
 - Ceat Ltd has appointed Mr. Anant Vardhan Goenka as the Deputy
 Managing Director of the Company with effect from January 04, 2010.
 
 2011
 
 -Commercial production of passenger/truck radial tyres has commenced
 at Halol plant of the Company 
 
 -Ceat Ltd have recommended Rs. 2/- per share as dividend.
 
 2012
 
 -M/s S. R. Batliboi & Associates, Chartered Accountants has been
 appointed as Statutory Auditors of the Company
 
 -Mr. Anant Vardhan Goenka has been appointed as Managing Director of
 the Company.
 
 2013
 
 - Ceat Ltd - Signing of Joint Venture Agreement with A K Khan &
 Company Ltd.
 
 - The Company approved the appointment of Mr. Arnab Banerjee as the
 Additional Director(Whole-time Director (designated as the
 Executive-Director-Operations)  on the Board of Directors of the
 Company.
 
 - The Company has recommended a Dividend of 40% i.e. Rs. 4 per share
 of face value of Rs.10/- each 
 
 2014
 
 - The Company has recommended a dividend of 100% i.e. Rs. 10/- on the
 equity shares of face value Rs. 10/- each.
 
 - The Company has approved the appointment of Ms. Punita Lal as an
 Additional (Independent) Director on the Board of Directors of the
 Company.
 
 - CEAT Ltd. has approved the appointment of Mr. Atul Choksey, Mr.
 Haigreve Khaitan, Mr. S. Doreswamy, Mr. Mahesh Gupta, Mr. K. R.
 Podar, Mr. Vinay Bansal and  Ms. Punita Lal, as an Independent
 Directors of the Company.
 
 2016
 -CEAT announces investment of Rs. 2800 crore.
 
 2017
 -CEAT has acquired 163- acre land in Chennai for over Rs 60 crore to
 set up a manufacturing plant for radial tyres. 
 -CEAT launches truck service hub in Kolkata.
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • NEWS FLASH EVE : HDFC Bank का Q2 मुनाफा अनुमान से बेहतर
  • NEWS FLASH EVE : मुनाफा `6345 Cr (`6107 Cr अनुमान था)
  • NEWS FLASH EVE : NII `13,515 Cr (`13,887.6 Cr का अनुमान था)
  • NEWS FLASH EVE : मुनाफा `5010 Cr से बढ़कर `6345 Cr (YoY)
  • NEWS FLASH EVE : ग्रॉस NPA 1.40% से घटकर 1.38% (QoQ)
  • NEWS FLASH EVE : नेट NPA 0.43% से घटकर 0.42% (QoQ)
  • NEWS FLASH EVE : प्रोविजनिंग `2614 Cr से बढ़कर `2701 Cr (QoQ)
  • NEWS FLASH EVE : मुनाफा `73.4 Cr से बढ़कर `91.4 Cr
  • NEWS FLASH EVE : NII `810 Cr से बढ़कर `980 Cr
  • NEWS FLASH EVE : ग्रॉस NPA 1.96% से बढ़कर 2.09% (QoQ)

अभी देखें

OUR WINNING PICKS

DID YOU INVEST?

INTRADAY PICKS!

(August 06, 2018)

AT (Rs)



GAIN (Rs)

ALL TIME WINNERS

RECO PRICE

PEAK PRICE

OUR PACKAGES

Super Combo

Powerful mix of both trader and investor packs with timely expert advice.

Technical

Designed especially for traders looking to tap the profit opportunities of volatile markets.

Fundamental

For all investors looking to unearth stocks that are poised to move.