Automotive Stampings & Assemblies Ltd
NSE: ASAL BSE: 520119
₹429
(-1.67%)
Sun, 15 Mar 2026, 02:12 pm
Market Cap6.9B
PE Ratio35.20
Dividend0
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