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Swaraj Engines Ltd

NSE: SWARAJENG BSE: 500407

₹3595.30

(-0.91%)

Tue, 03 Mar 2026, 02:00 pm

Company History

1985

  • The company was incorporated on 24th September.
  • The company obtained the Certificate of Business on 16th October.
  • The company set up plants for the manufacture of 16,000 Diesel Engines per annum based on Kirloskar know-how and technology.

1989

  • 70 shares were subscribed for by the signatories to the memorandum of associations.
  • 17,99,930 shares were issued at par.
  • 5,50,000 shares were reserved and allotted to Punjab Tractors Ltd.
  • 3,60,000 shares were reserved and allotted to Kirloskar Oil Engines, Ltd.
  • 90,000 shares were offered to employees and were taken up.
  • 7,99,930 shares were offered for public subscription.
  • Additional 2,69,970 shares were allotted to retain oversubscription.

1995

  • The company undertook to expand its capacity to 42,000 engines p.a.
  • The company planned to expand its existing machining capacities for hi-tech components.

1996

  • 20,69,970 Bonus Equity shares were issued in proportion 1:1.

2003

  • Shares were acquired in the Open Offer.

2005

  • The company issued a bonus in the ratio of 2:1.

2008

  • Shri. V S Parthasarathy was co-opted as Additional Director of the Company.

2009

  • Shri M. N. Kaushal was co-opted as additional director of the Company.
  • The company recommended a dividend of Rs 5.00 per share.

2010

  • The company recommended a dividend of Rs. 8.00 per equity share.

2011

  • The company recommended a dividend of Rs. 10.00 per share.

2012

  • Sh. Sudhir G. Mankad was co-opted as Additional Director of the Company.
  • The company recommended a dividend of Rs. 13.00 per share.

2013

  • The company recommended an equity dividend of 130% (Rs. 13 per share).

2014

  • The company approved the appointment of Mr. S. Durgashankar, Mr. Dileep C. Choksi and Ms. Neera Saggi as Additional Directors.

2015

  • The company launched a 54 BHP Engine.

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