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सेटको ऑटोमोटिव > कंपनी इतिहास > Auto Ancillaries > कंपनी इतिहास का सेटको ऑटोमोटिव - बीएसई: 505075, NSE: SETCO

सेटको ऑटोमोटिव

बीएसई: 505075  |  NSE: SETCO  |  ISIN: INE878E01021  |  Auto Ancillaries

कंपनी इतिहास - सेटको ऑटोमोटिव
YEAR                                                                  
           EVENTS
 1983 - The company was incorporated.   It is engaged in the
 manufacture of clutches.
 
 1991 - Operations during the period under review was hampered by
 labour-unrest for six
              months including a strike closure.
 
            - The Board for Industrial & Financial Reconstruction
 (BIFR) in October 1990, declared
               the Company as Sick Industrial Company, in terms of
 Section 3 (1) (O) of SIC (SP) Act, 1985.
 
 1992 -  The  company has developed clutch components for Export
 against firm orders.
 
 1995 - Shri K.B. Sheth and Suresh M. Mehta, in accordance with
 Section 256 of the Companies
              Act, 1956, retire by rotation and being eligible, offer
 themselves for reappointment
 
          - Shri J.B. Amin has resigned as Director of your Board
 w.e.f. 29.11.95.
 
 1996 - The Company is a Sick Industrial Undertaking in terms of
 Section
              3(1)(O) of Sick Industrial Companies (Special
 Provisions) Act, 1985
              (SICA, 1985).
 
            - S/Shri Vishnu Varshney and K.B. Sheth in accordance with
 Section 256 of the Companies
               Act, 1956, retire by rotation and being eligible, offer
 themselves for reappointment.
 
            - Shri K.B. Pate has resigned as Director of the Board
 w.e.f. 30.3.1996.
 
 1997 - S/Shri H.T.Chauhan and Suresh Mehta in accordance with Section
 256 of the Companies
             Act, 1956, retire by rotation and being eligible, offer
 themselves for reappointment.
 
          - Shri G.V.Konkar, Bank's Nominee Director, has resigned as
 Director of your Board
             w.e.f.  29-05-1997.
 
 2001 - The Company has entered into a technical collaboration
 agreement with Lipe of the
              UK, a division of Dana Inc., US, for manufacture of
 heavy-duty clutches for commercial
              vehicles with Cummins Engine.
 
 
 2005
 
 -Gujarat Setco acquires US' Lipe Clutch Division of bn
 
 -Company has changed its name from Gujarat Setco Clutch Ltd. to Setco
 Automotive Ltd.                                                      
                                                   
 2007
 
 Setco Automotive Ltd has informed that the Company's subsidiary 
 Setco Automotive NA Inc. has acquired an auto component manufacturing
 unit of Haldex Corporation, USA, situated at Paris, Tennessee for a
 total price consideration of US$ 4.9 million on December 28, 2006.
 
 -Setco Automotive Ltd has inducted Mr. Arun F. Arora as Director on
 Company's Board w.e.f. March 28, 2007. He is an independent / non
 executive director.
 
 2008
 
 - The Board has recommended dividend of 25% (Rs 2.5 per share).
 
 2009
 
 - The Board have recommended the Dividend for the year 2008-09 at 25%
 (i.e. Rs 2.50 per share of Rs 10/- each.
 
 2010
 
 - The Board have recommended Dividend at 30% i.e. (Rs. 3 (Three) per
 Equity Share.
 
 - Setco Automotive has given the Bonus in the Ratio of 1:1
 
 2011
 - The Board has recommended Dividend at 40% i.e. (Rs. 4 (four) per
 Equity Share of Rs. 10/- each).
 
 2012
 - The Board has recommended Dividend at 40% i.e. Rs. 4 (Four) per
 Equity Share of Rs. 10/- each.
 - Setco Automo - Allotment of Shares under Employee Stock Option Plan
 2010.
 -Setco Automotive has given the Bonus in the Ratio of 1:2
 
 2013
 - Setco Automotive - Allotment of Shares under ESOP 2010.
 - The company has recommended Dividend at 26.5% i.e. Rs. 2.65 per
 Equity Share of Rs. 10/- each.
 
 2014 
 - Setco Automotive - Allotment of Shares under ESOP 2010.
 - The company has recommended Dividend at 26.5% i.e. Rs. 2.65 per
 Equity Share of Rs. 10/- each.
 
 2015
 -Setco Automotive has splits its face value from Rs. 10 to Rs. 2
 
 2016
 -Setco Automotive bags order from Ashok Leyland.
 
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `1696.45 Cr की बिकवाली की
  • MARKET CUES : DIIs ने कैश में `1377.13 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `254.22 Cr की बिकवाली की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `1114.84 Cr की खरीदारी
  • MARKET CUES : इंडेक्स ऑप्शंस में `1588.96 Cr की बिकवाली
  • MARKET CUES : स्टॉक फ्यूचर्स में `132.42 Cr की खरीदारी
  • MARKET CUES : स्टॉक ऑप्शंस में `87.48 Cr की खरीदारी
  • FUEL PRICE UNCHANGED : आज पेट्रोल, डीजल कीमतों में कोई बदलाव नहीं
  • FUEL PRICE UNCHANGED : दिल्ली: पेट्रोल `80.43/ltr, डीजल 80.53/ltr
  • ENTERS IN F&O BAN : Glenmark Pharma फ्यूचर एंड ऑप्शन बैन में

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