Automotive Axles Ltd
NSE: AUTOAXLES BSE: 505010
₹1587.20
+26.60 (1.70%)
Thu, 05 Nov 2026, 07:00 pm
Market Cap (in Cr)2357.16
PE Ratio13.77
Dividend2.05
Producer Manufacturing
Auto Parts: OEM
24.5KAutomotive Axles Ltd Company History
1981
- Automotive Axles Limited was promoted as a joint venture between the Kalyani Group and Rockwell International Corporation, U.S.A.
1983
- The Company entered the capital market with an issue of 16,50,000 Equity Shares at par in July
1984
- Commercial production commenced on July 1
2002
- Mr. Ashok Rao was appointed as President & Wholetime Director of Automotive Axles
2003
- ICICI Mutual Fund acquired 795868 shares of the company representing 5.26% of the paid up capital
2004
- The delisting of Company's Equity Shares from the Bangalore Stock Exchange and Pune Stock Exchange was approved
- Mr. Adelio Raschi resigned as Director of the Company
- The Company's Equity shares were delisted from Bangalore Stock Exchange
2007
- The Company opened a New Occupational Health Centre
- The Board approved an interim dividend of Rs 6 per share
2008
- Mr. Larry Dowers was appointed as the Director liable to retire by rotation at the Annual General Meeting
2009
- The Board recommended a final dividend of Rs 2.7 per share
2010
- Mr. Satish Sekhri was appointed as an Additional Director of the Company
- The Board recommends Final Dividend of Rs. 8.50 per share of Rs. 10/- each for the year 2009-2010
2011
- The Company established a Contract Manufacturing Facility for producing Trailer Axles
2012
- The Board recommends Final Dividend of Rs. 10/- per share of Rs. 10/- each for the year 2011-12
2013
- The Company's Team participated in International Convention on QC Circle 2013 and won the 1st Prize Excellence award
- The Board of Directors recommended a Final Dividend of Rs. 2/- per share of Rs. 10/- each
2014
- The Board of Directors recommended a Final Dividend of Rs. 2.50 per share of Rs. 10/- each
2015
- The Company established a Speciality Axles Plant Manufacturing Unit
2016
- The Company received Machinist Super Shop-floor 2016 Award
- The Company received Kaizen Awards at Vidyavardhaka College of Engineering, Mysore
- The Company installed a Solar Plant at Brakes plant
- The Company inaugurated a Public Convenience Facility at Chamundi Hill
- The Company received Kaizen Awards at Bangalore
2021
- The Company received Industry Version 4.0 & Deming Award
2023
- The Company received the Gold Award at the ICQCC 2023 - Beijing Organized by China Association for Quality
2024
- The Company received TPM Excellence, Category - A Awards 2023 From Japan Institute Of Plant Management (JIPM), Japan
