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Omax Autos Ltd

NSE: OMAXAUTO BSE: 520021

₹227.62

(5.00%)

Wed, 17 Jun 2026, 09:05 pm

Company History

1983

  • Omax Auto Ltd. was incorporated.

2002

  • The company was assigned a rating of A1+ for its commercial paper programme by ICRA.
  • The company approved a public issue of Equity shares upto Rs 600 million to meet capital expenditure and working capital shortfall.

2003

  • The company was assigned the ISOTS 16949 certificate for two units by Underwriters Laboratories Inc USA.
  • The company signed an agreement with Delphi Automotive Systems for exports of auto components.
  • A new unit of the Company was set up at Bangalore.
  • Mr. Brijmohan Lal Munjal resigned as Chairman & Director of the Company.
  • The company received an LOI from Tenneco Automotive USA for supplying auto parts.
  • The Gurgaon plant and IMT Manesar plant received the ISO/TS 16949:2002 certificate.
  • The company got approval for convening the AGM till October 31, 2003.
  • The promoters of the company intended to divest approximately 18% of their holding.
  • Grantham A/c GMO Emerging Markets Fund acquired 14,30,920 equity shares of the Company.

2007

  • Omax Autos Ltd entered into a Memorandum of Understanding (MOU) with PSP Co., IRAN to set up two J.V. Companies.

2008

  • Omax Autos recommended dividend at 15%.

2009

  • Mr. Sharad Jain was appointed as CFO of the Company.

2010

  • Omax Autos recommended a final dividend of Re. 1.50/- per equity share of Rs. 10/- each fully paid-up.

2011

  • Mr. Puspendra Kumar Bansal was appointed as Chief Financial Officer (CFO) of the Company.
  • Mr. Sanjeev Kumar was appointed as Company Secretary and Compliance Officer of the Company.

2012

  • Omax Autos started commercial production in the new Plant situated at Uttarakhand.
  • The company recommended a final dividend of Rs. 2.00/- per equity share of Rs. 10/- each.

2013

  • The Board recommended a final dividend of Rs. 1.00/- per equity share of Rs. 10/- each.

2014

  • Mr. Sanjeeb Kumar Subudhi was appointed as the Company Secretary of the Company.

2016

  • The Registered Office Address of the Company was changed to Plot No. B-26, Institutional Area, Sector 32 Gurgaon - 122 001, Haryana.
  • Omax Autos Ltd. secured an order for supply of Railway parts from Indian Railways for an estimated value between Rs. 90-100 Crores.

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