pocketful logo light
pocketful logo light
Bhagwati Autocast Ltd logo

Bhagwati Autocast Ltd

NSE: BSE: 504646

₹655

(2.53%)

Mon, 14 Sept 2026, 10:40 pm

Company History

1981

  • The Company was incorporated as a public limited company in Gujarat State.
  • The main object of the Company is to manufacture S.G. iron castings and alloy iron castings.
  • The Company was licensed to manufacture 1,800 tonnes of S.G. iron castings and 2,400 tonnes of alloy castings per annum.

1983

  • The Company's authorised capital was increased and reclassified.
  • 6,19,993 equity shares of Rs.10 each were issued at par.

1985

  • The Company undertook to expand its installed capacity for plant and machinery.
  • The Company issued 2,97,600 rights equity shares at par.

1989

  • The working results were marginally affected due to price hikes in raw materials and increased rates of power and wages.

1992

  • The Company undertook an expansion-cum-modernisation scheme and installed major machinery.
  • The Company issued 6,61,333 equity shares at a premium of Rs.20 per share on a rights basis.

1994

  • The Company installed a new induction furnace and a drum homogenizer cum cooler.

2006

  • Bhagwati Autocast Ltd issued rights in the ratio of 4:5.

2009

  • Bhagwati Autocast recommended an 8% dividend.

2012

  • Bhagwati Autocast recommended a 5% dividend.

2013

  • Bhagwati Autocast recommended a dividend of 7% per equity share.

2014

  • The company recommended a dividend of 9% per equity share.

2016

  • Bhagwati Autocast Ltd appointed Mr. Mehul Naliyadhara as Company Secretary and Compliance Officer.

Open Your Free Demat Account

Enter your phone number