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Twenty First Century Management Services Ltd

Azad Engineering Ltd

BSE : 544061|NSE : AZAD|ISIN : INE02IJ01035

Azad Engineering Ltd Company History

Azad Engineering IS one of the only Indlan manufacturers of hlghly engineered, complex, mlsslon and life critical high precision components Its products mclude 3D rotatlng alrfoll portlons of turblne englnes and other cr~tlcalp roducts for combust~on,h y

1983
2008
2012
2014
2017
2019
2021
2022
2023

1983

Incorporation of our Company.

1983

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2008

Established CNC machine shop

Purchase order for delivery of moving airfoils/ blades to a large government-owned power generation equipment manufacturer

2008

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2012

Constructed a forge shop and a heat treatment facility for production.

2012

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2014

Moved to new facility. For details, see – Changes in our Registered and Corporate Office” on page 235.

2014

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2017

Inaugurated exclusive manufacturing bay for Mitsubishi Hitachi Power Systems Industries, Ltd. (erstwhile name of Mitsubishi Industries, Ltd.) to produce critical gas/ thermal turbines parts

2017

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2019

Entered into a long-term contract with Honeywell International Inc. for supply of aerospace products.

2019

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2021

Acquired 23.45 acres of land to construct a new plant (Phase 1 expansion) for production.

?600 million worth of capital raised for the first time by our Company.

Entered into a long-term contract with GE Aviation for supply of aerospace products.

Established capabilities for special processes.

2021

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2022

Acquired 18.50 acres of land to construct a new plant (Phase 2 expansion) for production.

?2,173 million worth of capital raised for the first time by our Company.

Received the certificate for Fluid Distribution Systems” from the National Aerospace and Defense Contractors Accreditation Program (NADCAP) for the aerospace products of the Company.

National MSME Award 2022 by Ministry of Micro, Small and Medium Enterprise for first prize in manufacturing export medium Enterprise.

2022

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2023

Onboarded marquee investors from the sports fraternity.

2023

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