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Automotive Stampings & Assemblies Ltd logo

Automotive Stampings & Assemblies Ltd

NSE: ASAL BSE: 520119

₹429

(-1.67%)

Sun, 15 Mar 2026, 02:12 pm

Company History

1990

  • The company was incorporated on 13th March.
  • The company received the Certificate of Commencement of Business on 14th September.
  • Operations for tools commenced.
  • The company took on lease tool room machineries from GGCL.

1994

  • The company undertook to set up facilities at Faridabad, Haryana for the manufacture of sheet metal components.
  • Operations for sheet metal and components commenced.

1995

  • The company developed large size dies for Opel Astra and Jogna vehicles.
  • 6,65,200 shares were allotted to promoters.

1996

  • The company commenced supplies of oil pumps to TEICO from its new unit at Bhosari, Pune.
  • A double action 1000 T press was installed.
  • The company issued 25,60,000 - 15% fully convertible debentures of Rs.75 each on a Rights basis.
  • Construction activities were in progress at the second unit being set up at Chakan near Pune.

2003

  • Mr. Sanjiv Kumar was appointed as Chief Executive Officer.
  • The company's name was changed from JBM Tools Limited to Automotive Stampings and Assemblies Limited.

2004

  • Tata Autocomp Systems Limited acquired 49,77,779 equity shares of Automotive Stampings and Assemblies Limited, representing 48.809% of the share capital.

2005

  • The company changed its name from JBM Tools Ltd. to Automotive Stampings & Assemblies Ltd.
  • A Chief Executive Officer was appointed.

2007

  • Mr. Nagaraju Srirama was appointed as a Manager under section 269 of the Companies Act, 1956.
  • Mr. Francisco Jose Riberas Mera and Mr. Francisco Lopez Pena were appointed as Additional Directors.
  • Mr. Pradeep Mallick was appointed as an Independent Director.

2008

  • Mr. R S Thakur was appointed as a Director.

2009

  • The company recommended a dividend of 12%.

2010

  • The company recommended a dividend of 12%.

2011

  • The company issued rights in the ratio of 5:9.

2012

  • The company recommended a dividend of 15%.

2013

  • Mr. Pradeep Bhargava and Ms. Rati Forbes were appointed as Independent Directors, and Mr. Deepak Rastogi was appointed as a Director.

2016

  • Automotive Stampings received the Best Supplier Delivery 2016 award from Tata Motors.

2021

  • Automotive Stampings received the Outstanding Delivery Performance Award from Tata Motors.

2023

  • The company commenced commercial production at Sanand.

2024

  • The Company commenced commercial production at Jamshedpur, Jharkhand.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800