Divgi Torqtransfer Systems Ltd
NSE: DIVGIITTS BSE: 543812
₹615.80
(-8.74%)
Thu, 02 Apr 2026, 02:12 am
Market Cap18.87B
PE Ratio51.18
Dividend0.39
Company History
1964
- The Company was originally incorporated as Divgi Metalwares Private Limited.
1995
- Divgi Transmission Private Limited was incorporated.
- The name of Divgi Transmission Private Limited was changed to Divgi Warner Private Limited.
- A fresh certificate of incorporation was issued.
- Divgi Metalwares Private Limited entered into a formation agreement with BorgWarner.
1996
- The name of the Company was changed to Divgi Metalwares Limited.
1998
- The Company was converted into a private limited company.
1999
- A fresh certificate of incorporation was issued by the RoC.
2016
- The name of Divgi Warner Private Limited was changed to Divgi TorqTransfer Systems Private Limited.
- A fresh certificate of incorporation was issued.
- Exit of BorgWarner through buyout of shares by Divgi Metalwares Private Limited.
- Entered into an investment agreement with NRJN Family Trust.
2017
- The amalgamation of Divgi TorqTransfer Systems Private Limited and Divgi Metalwares Private Limited was completed and the amalgamated entity was renamed as Divgi TorqTransfer Systems Private Limited.
- A fresh certificate of incorporation was issued by the RoC.
- The Company name was changed to Divgi TorqTransfer Systems Private Limited.
2018
- Entered into a share subscription agreement with Oman India Joint Investment Fund II.
2019
- Awarded the Transfer case business from a Russian automobile manufacturer.
- Awarded the Transfer case business from Mahindra & Mahindra for the new generation Thar and Scorpio.
2020
- Awarded the planetary sun gear business from Toyota Kirloskar Auto Parts.
- Awarded the NexTrac assembly business from Mahindra & Mahindra for XUV 700.
2021
- The Company was converted to a public limited company and the name was changed to Divgi TorqTransfer Systems Limited.
- Awarded the Transfer case business from a Chinese automobile manufacturer.
- Awarded the EV transmission business from TACO for electronic vehicle motors.
2022
- A fresh certificate of incorporation was issued by the RoC consequent upon change of name to Divgi TorqTransfer Systems Limited.
2024
- The Government of Maharashtra conferred the status of Mega Project for the plant located at Shirwal.
Open Your Free Demat Account Now!
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