Shanthi Gears Ltd
NSE: SHANTIGEAR BSE: 522034
₹460.05
(2.21%)
Sat, 14 Mar 2026, 11:24 pm
Market Cap34.3B
PE Ratio42.60
Dividend1.13
Producer Manufacturing
Auto Parts: OEM
24.5KCompany History
1969
- Shanthi Engineering and Trading Company was promoted by Shri Subramaniam as a partnership firm in Coimbatore for the manufacture of gear products.
1972
- A private limited company, Shanthi Gear Products Pvt. Ltd., was incorporated and took over the partnership firm Shanthi Engineering and Trading Company.
1982
- 2,000 No. of equity shares were issued as bonus shares in proportion 1:1.
1984
- 410 shares were issued without payment in cash during 1972 as consideration for the take over of the business of the partnership firm Shanti Engineering & Trading Company.
- 2,000 No. of equity shares were issued as bonus shares in proportion 1:1 in 1982.
1985
- Equity shares were subdivided.
1986
- The Company was converted into a public limited company.
- The Company negotiated collaboration agreements with manufacturers abroad for the manufacture of helical gear boxes.
- 3,20,000 bonus equity shares of Rs. 10 each were issued in proportion 8:1 and allotted on 10.3.1986.
- 6,40,000 No. of equity shares of Rs. 10 each were issued at par.
1987
- The Company privately placed 45,000-14% secured non-convertible debentures of Rs. 100 each with SBI Capital Markets Ltd.
1989
- The Company implemented a modernisation/expansion programme with the assistance of term loans from SBI, IDBI as also from internal accruals.
1991
- The Company issued 3,30,000 - 17% partly convertible debentures of Rs. 100 each on Rights basis.
- Shanthi Sales Pvt. Ltd. became a wholly owned subsidiary of the Company.
1992
- Part `A' of Rs. 60 was converted into one equity share of Rs. 10 each at a premium of Rs. 50 per share.
1993
- The Company issued 17% Partly Convertible Debenture of Rs 160/- each for Rs. 528 lakhs.
1994
- 3,40,000 No. of Equity shares were issued on preferential basis.
- 17,70,000 bonus equity shares were issued in proportion 1:1.
- 6,00,000 shares were allotted on preferential basis.
- The promoters took up 60,000 warrants and exchanged them for 6,00,000 equity shares at the rate of Rs. 7.50 per share.
1995
- Equity shares were fully paid-up.
1996
- 17,600 shares were allotted to the members of Shanthi non-Ferrous castings (P) Ltd. as per the scheme of amalgamation.
1997
- No news was reported for this year.
2000
- Crisil upgraded the A+ rating assigned to the Rs 2.31-crore NCD issue of Shanthi Gears to AA-.
2002
- Ms S Sangeetha was appointed as Whole Time Director of Shanthi Gears.
2004
- Shanthi Gears Ltd's equity shares were delisted from Madras Stock Exchange Limited.
- Shanthi Gears Ltd's shares were delisted from Coimbatore Stock Exchange Ltd.
- Shanti Gears forayed into the heavy gears segment.
2008
- ICRA assigned LAA / A1+ rating to the bank Limits of the Company.
- The Company recommended 120% Dividend.
2009
- The Company recommended a Dividend of Rs 1.20 per equity share of Re 1 each.
- Dr. D Padmanaban and Ms. S Sangeetha were re-appointed as Directors of the Company.
2010
- Sri. C. G. was appointed as additional Director of the Company.
- The Company appointed Mr. A. M. Alagiriswamy as a Director of the Company.
- The Company recommended a Dividend of Rs. 0.80 per equity share of Re. 1 each.
2011
- The Company recommended a dividend of Re. 1 per equity share of Re. 1 each.
2012
- The Company recommended a Dividend of Re. 1 per equity share of Re. 1 each.
2013
- Shanthi Gears Ltd recommended a Dividend of Re. 0.60 paise per equity share of Re. 1 each.
2014
- Shanthi Gears Ltd declared an Interim Dividend of Rs. 1 per equity share of Rs. 1/- each for the financial year 2013-14.
2018
- Shanthi Gears exhibited its products and capabilities in the Defence Exhibition DefeExpoIndia 2018, Chennai.
- Shanthi Gears exhibited for the first time at the Innotrans International Railways Exhibition in Berlin.
Open Your Free Demat Account Now!
Facebook
Twitter
Instagram
LinkedIn
Youtube
Calculators
Popular Calculators
Group Stocks
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