YEAR EVENTS 1965 - Jamna Auto Industries Ltd. was incorporated as a private limited company on 30th September. It has been converted into a Public Limited company on 22nd October 1985. - The company manufactures Automobile Springs, Spring leaves and Automobile Coil Springs (Hot formed). - The company which was founded in 1955 as a partnership firm was taken over by Jamna Auto Industries Pvt.Ltd., on 30th Sept.1965 as a running business. The company has been in business of the manufacturing Automobiles as well as coil springs for Railways . 1988 -The company has also promoted Jai Parabolic Spring Ltd which was commissioned in 1988 and launched its product in December. 1989 - The company planned to modernise the plant and same was completed in the year in technical collaboration with N.H.K. Spring Co. Ltd., Japan. 1991 - The Company has embarked upon a diversification-cum-expansion programme for the manufacture of LEAF SPRINGS, TAPERED SPRINGS, PARABOLIC SPRINGS, COIL SPRINGS AND STABLIZER BARS. - The company has acquired land in Gwalior and in Derabassi and the memorandum of understanding has been signed with M/s NHK Springs Ltd., Japan, one of the world leaders in automobile suspension industry. - Jamana Auto Industries Ltd., has developed springs for export market in U.S.A. for OEM customers like Reyco,Dexter Axle and also developed a three stage spring for Telco for their Tatamobile export model for U.K. 1992 - The Company are glad to inform you that the Rights-cum-Public Issue of fully Convertible Debentures of the company received an over-whelming response. 1993 - The Directors are pleased to inform that the Company's new unit at Malanpur, Distt Bhind, (M.P.), has commenced the commercial production of leaf Springs w.e.f. 19th March. 1994 - The rising demand has triggered off a chain of joint ventures and expansion projects amongst the various OE Manufacturers Cashings in at opportunity the Company is rapidly achieving higher levels of capacity utilisation at its Malanpur Plant. - The Company has also received queries from several other OE manufacturers such as TELCO. - Tthe Company has obtained the coveted ISO 9002 Certificates for the manufactures of Leaf Spings at both of is plant at Yamuna Nagar & Haryana. - M/s. Dexter Acles, U.S.A. have awarded the Company with a Quality Excellence Certificate for the year 1993-94. 1995 - The World's largest and the best car manufacturers like General Motors, Ford, Daewoo, Peugeot etc. have now entered in the India Business scene in joint ventures with major India OEMs. - The Company's Collaborators M/s. NHK Springs Co. Ltd., Japan, the Company is also implementing CAD (Computer Aided Design) & CAM (Computer Aided Manufacture) in its product development techniques. 1996 - The Company has achieved a significant business growth of over 55% and thus further consolidated its position of a Market Leader in the Automobile Spring Industry. - The company has set up further manufacturing facilities and acquired balancing equipments at its plants located at Malanpur & Yamunanagar. - The Company's installed capacities are expected to reach 60000 T.P.A. of leaf/Parabolic Springs and 7,20,000 nos. of Stabilizer Bars with the above investments. - The Company has entered into a MOU with NHK Spring Co. Ltd. of Japan for setting up a joint venture Company in India for the manufacture of coil springs. 1997 - The R&D wing of the company has developed samples of value Engineering springs and submitted the same to TELCO for approval. - Shri Ishtiaq Ali was appointed by IFCI as the new Nominee Director in place of Shri C.P.Gupta. 1998 - During the year under review the company's collaborator NHK Spring Co., Ltd., Japan reposed their trust and confidence in the operations of the company by acquiring 15% equity stake equivalent to 13,16,836 No. of equity shares in the company through a preferential issue at a premium of Rs. 99/- per share. - The company has entered into a 4 party Joint Venture with NHK Spring Co.Ltd., Nissho Iwai Corporation, Japan and Allevard Ressorts Automobile, France. 1999 - In accordance with the approval of shareholders the company divested its stabilizer bar business with effect from 1st January, to a joint venture company i.e. Jamna NHK Allevard suspension components Limited (JANA) for a consideration of Rs. 23 crores. - Mr. K. Sasaki, General Manager of NHK has been nominated by NHK on the Board of Directors of the Company in Place of Mr. K. Ikeda. 2000 - The Company has decided, subject to necessary approvals, hive off of the company's Malanpur unit into a separate company i.e. Jamna Springs Pvt. Ltd. at a consideration not less than the book value of the undertaking with options open in the future to convert the same into a joint venture. 2008 -Jamna Auto Industries Ltd has appointed Mr. Shahi Bansal as Non-Executive Independent Director on the Board of the Company. 2009 - Jamna Auto Industries Ltd has appointed Mr. D K Jain as nominee director of IFCI Ltd. 2010 - The company has received listing permission from NSE and trading under the scrip code JAMNAAUTO has commenced on NSE. 2011 - The Board of Directors of the Company has approved the payment of interim dividend @ 10% on equity shares of Rs. 10/- each for the financial year. 2012 - Approved the payment of second Interim dividend @ Re. 1 on equity share of Rs. 10 each for the financial year. - Appointed Mr. J. K. Jain as Independent director of the Company. 2013 - Approved the payment of final dividend of Rs. 2 on the equity share of Rs. 10 each. for the financial year - Lift Axle and Air Suspension products launched - Received Silver Award from Ashok Leyland Ltd. for best in class performance in RAMP UP in development and supply of Lift Axles 2014 - Approved the payment of final dividend of Rs. 1 on the equity share of Rs. 10 each. for the financial year 2015 -Jamna Auto Industries has splits its face value from Rs. 10 to Rs. 5 2017 -The Company has splits its face value from Rs. 5/- to Rs. 1/-. 2019 -ACEF Asian Leaders Awards, 2019, Most Admired B2B Marketing under Excellence in Branding and Marketing, Mumbai 2020 -Auto Components Awards, 2020, Technological Excellence, Mumbai -ACEF Asian Leaders Award, 2020, Best Use of BTL Activities under Excellence in Rural Marketing, New Delhi 2021 -ACEF Asian Leaders Award, 2021, For branding and marketing in the category of 'Excellence in Digital Transformation', Mumbai 2022 -Best QMS Practice Award, 2021-2022 |
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