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Automobile Corporation Of Goa Ltd

NSE: AUTOCORP BSE: 505036

₹1670.45

(-0.15%)

Wed, 11 Mar 2026, 06:40 am

Company History

1980

  • The Company was incorporated on 1st September at Panaji, Goa.
  • The Company was promoted jointly by Economic Development Corporation of Goa, Daman & Diu Ltd.(EDC) and Tata Engineering & Locomotive Co. Ltd. (TELCO) with an equity participation of 41.06% and 10% respectively.

1982

  • Commercial production started from 1st August.

1987

  • Government approval was received for collaboration with M/s Fuji Heavy Industries, Japan for the manufacture of 1,500 bus bodies and component parts per year at a new unit to be set up near the existing plant.
  • TELCO shall purchase the production of the company on a continuing basis.

2001

  • Crisil has downgraded the rating for the company's non-convertible portion of the partly convertible debenture issue from `BBB' to `BB+'.

2007

  • The company has issued rights in the ratio of 3:10 at a premium of Rs.465/- Per Share.

2010

  • Mr. Steven A Pinto has been appointed as an Additional Director.
  • Automobile Corporation of Goa Ltd has appointed Mr. C. Ramakrishnan as an Additional Director.
  • The Company has recommended a Dividend of Rs 1/- per Equity Share (10%).

2011

  • The company has secured a contract worth INR 30 million from the JV firm Tata Marcopolo motors.
  • The Company has recommended a Final Dividend of Rs 12.50/- per equity shares.

2012

  • The Company has recommended a Final Dividend of Rs.12.50 per Equity Shares.

2013

  • Automobile Corporation Of Goa have recommended a Final Dividend of Rs. 10.00/- per Equity Shares which together with interim Dividend of Rs. 2.50/- per Equity Share.

2014

  • Automobile Corporation Of Goa has recommended a Final Dividend of Rs. 12.50/- per Equity Share which together with interim Dividend of Rs. 2.50/- per Equity Share.

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