RACL Geartech Ltd
NSE: RACLGEAR BSE: 520073
₹1205.50
(-2.14%)
Tue, 07 Apr 2026, 10:34 am
Market Cap14.14B
PE Ratio32.82
Dividend0.12
Producer Manufacturing
Auto Parts: OEM
24.5KCompany History
1983
- The company was incorporated as a joint venture of PICUP and Bharat Gears Ltd.
- The company had technical collaboration with DAB Industries, U.S.A. for manufacture of Bi-metal bearings.
1991
- The company has installed Pre-heater furnaces and Sealed Quench Furnances with inbuilt recuperators.
- The company has explored to install processing equipments designed to conserve energy.
1994
- Company has contested the exparte order of Asst. Sales Tax Officer, Bhopal for the year 89-90 with Demand Notice for Rs. 10,531/-.
1995
- The company is committed to accord priority for energy conservation.
- The company gives significant importance to R&D activities.
1996
- The Company has started implementation of ISO 9000 Certification and Total Quality Management.
- The Company is proposing to issue its Equity Share Capital on Right basis to its existing Shareholders.
- Mr. Siddhartha Behura was nominated as Chairman and Director on the Board of Directors of the Company by PICUP.
1997
- The Company could not come out with Rights Issue due to adverse industry conditions.
- Mr. Raunaq Co-Chairman and Director and Mr. O. R Vaish, Director, had resigned from the Board.
1998
- The Company has embarked upon export sales drive and received various enquiries from overseas markets.
- The Company has allotted 10,00,000 partly paid-up Equity Shares of Rs. 10/- each at par to an Overseas Corporate Body.
- Pradeshiya Industrial & Investment Corporation of U.P. Ltd. withdrew the nomination of Mr. D.S. Bains as Chairman & Director and Km. Nita Chowdhury was appointed as Chairperson & Director.
- Mr. Indu Kumar Pande, IAS was nominated as Chairman and Director of the Company.
1999
- The Company had been badly affected due to low demand of vehicles and a strike in Escorts group of Companies.
- The Company has entered into arrangement with some other OEMs.
- The company develops a number of new components during the year.
2000
- The Board has decided to issue up to 10 lakh equity shares of Rs 10 each on preferential basis to H.S. Kohli & his associates.
- The Company has signed an agreement with CDLS and NSDL for dematerialisation.
2002
- Mr Sanjiv Nair has been nominated by PICUP as the Chairman & Director of the Company in place of Mr D S Bains.
- Mr Akhil Swami has been nominated by PICUP as the Director of the Company.
- Mr Gursharan Singh has been appointed as Director of the company.
2007
- Mr. M R Gireesan has been nominated as a Director by IFCI in place of MR. S P Gupta.
2009
- The Company has received Silver Trophy for Excellence in Exports.
2010
- The Company has received Bronze Trophy for Excellence in Exports.
- The Company has received Second Prize from CII National Cluster Summit.
2011
- The Company has received Golden Trophy for Excellence in Exports.
2012
- The Company has allotted 10,00,000 equity shares of face value of Rs. 10/- at the rate of Rs. 16.25 per share to Middleware Development Ltd. on preferential allotment basis.
2013
- RACL has been awarded BRONZE TROPHY, SILVER TROPHY, & most prestigious GOLD TROPHY for excellence in exports.
2014
- The Company has allotted 10,00,000 equity shares of face value Rs. 10/- at a price of Rs. 20 per share to Mr. Arendra Kumar on preferential basis.
2015
- The company has changed its name from Raunaq Automotive Components Ltd. to Racl Geartech Ltd.
2022
- Racl Geartech awarded The ET Best Brands- 2022 Awards to recognize and acknowledge the best brands in India under various segments.
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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