Divgi Torqtransfer Systems Ltd
Divgi Torqtransfer Systems Ltd Company History
Divgi Torqtransfer Systems is engaged in the manufacture and sale of transfer cases, automatic locking hubs, synchronizers and components thereof (transmission components) and related services to automotive Original Equipment Manufacturers (OEMs) and other customers in the Indian and global market.
1995
Divgi Metalwares Private Limited entered into a formation agreement with BorgWarner. The agreement was in connection to the formation of a corporation, for the manufacturing and sale of transmission components, transfer cases and certain other components, manufactured by BorgWarner.
1995
2016
Exit of BorgWarner through buy out of shares by Divgi Metalwares Private Limited
Entered into an investment agreement with NRJN Family Trust (represented by its corporate trustee, Entrust Family Office Legal and Trusteeship Services Private Limited)
2017Â
Amalgamation of erstwhile, Divgi TorqTransfer Systems Private Limited and Divgi Metalwares Private Limited and the amalgamated entity was renamed as Divgi TorqTransfer Systems Private Limited.
2018Â
Entered into share subscription agreement Oman India Joint Investment Fund II
2019Â
Awarded the Transfer case business from Russian automobile manufacturer
Awarded the Transfer case business from Mahindra & Mahindra for the new generation Thar and Scorpio
2020Â
Awarded the planetary sun gear business from Toyota Kirloskar Auto Parts
Awarded the NexTrac assembly business from Mahindra & Mahindra for XUV 700
2021Â
Awarded the Transfer case business from Chinese automobile manufacturer
Awarded the EV transmission business from TACO (a JV between Tata Automotive Components and Prestolite Electric) for electronic vehicle motors
2016
2017
Company name has changed to Divgi Torqtransfer Systems Pvt.Ltd. from Divgi Warner Pvt.Ltd.
2017
