
Endurance Technologies Ltd
Endurance Technologies Ltd Company History
Endurance Technologies is in the business of manufacturing and selling of aluminium die casting (including alloy wheel), suspension, transmission and braking products.(Source : 202303 Annual Report Page No: 147)
2000
Incorporated as Endurance Suspension Systems (India) Private Limited
2000
2004
Production of disc brake assemblies started at Aurangabad
2004
2007
Scheme of amalgamation between AECPL and the Company effective from August 11, 2006
Acquisition of Endurance Amann by the Company through Endurance Holding GmbH in Germany
Share subscription and shareholders agreement between SCPEML, the Company, the Promoter, Mr. Naresh Chandra, Mrs. Suman Jain, Mrs. Varsha Jain, Naresh Chandra HUF and Anurang Jain HUF
Bajaj TPM Award to the shock absorber division of the Company
Award For New Model Development 2006-07 by Honda Motorcycle & Scooter India (Pvt.) Ltd. to the Company
2007
2008
Incorporated Endurance Overseas, a special purpose vehicle in Italy for the purpose of making strategic overseas investments
Acquired 51% shareholding of Endurance Fondalmec through Endurance Overseas
Award for QCDDM (Casting and Forging) 2007-08 by Honda Motorcycle & Scooter India (Pvt.) Ltd. to the Company
NDTV Profit Car and Bike Award for Component Manufacturer of the Year to the Company
Auto Component Manufacturer of the Year to the Company at the Auto Monitor Awards 2008
2008
2009
Executed a joint venture agreement with Magneti Marelli SpA, Italy
Award for Casting and Forging 2008-09 to the Company by Honda Motorcycle & Scooter India (Pvt.) Ltd.
Best HR Practices Award 2009 by the National Institute of Personnel Management (Raigad chapter) to the Company
2009
2010
Scheme of arrangement between ESIPL and the Company effective from December 1, 2009
Supplemental share subscription and shareholders agreement between SCPEML, the Company, the Promoter, Mr. Naresh Chandra, Mrs. Suman Jain, Mrs. Varsha Jain, Naresh Chandra HUF and Anurang Jain HUF
Acquired the remaining 49% shareholding of Endurance Fondalmec through Endurance Overseas
Green Tech HR Excellence Award 2010 to the Company for Innovation in Employees Retention Strategies - Silver Award
2010
2011
Shareholders agreement between SCPEML, the Company, the Promoter, Mr. Naresh Chandra, Mrs. Suman Jain, Mrs. Varsha Jain, Naresh Chandra HUF and Anurang Jain HUF
2011
2012
Shareholders Agreement between the Company, the Promoter, Mr. Naresh Chandra, Mrs. Suman Jain, Naresh Chandra HUF, Anurang Jain HUF and Mrs. Varsha Jain and Actis
Termination agreement between the Company, the Promoter, Mr. Naresh Chandra, Mrs. Suman Jain, Naresh Chandra HUF, Anurang Jain HUF and Mrs. Varsha Jain, SCPEML and Actis
Award titled Dream presented to the Company by Honda Motorcycle & Scooter India (Pvt.) Ltd. in recognition of Valuable Support & Contribution
2012
2013
Acquisition of 15% stake in Endurance FOA in Italy through Endurance Overseas
Dissolution of joint venture agreement with Magneti Marelli SpA, Italy
The Company entered into a license and technical assistance agreement with a leading global brake and suspension company for use of technical information for production of fthe wheel brake systems and parts
Award titled Dream presented to the Company by Honda Motorcycle & Scooter India (Pvt.) Ltd. in recognition of Valuable Support & Contribution
Yamaha Certificate of Recognition to the Company for winning the gold award for Excellence in Cost Innovation for the year 2013
2013
2014
Incorporation of Endurance Engineering by Endurance Overseas to foray into engineering plastic components
Scheme of amalgamation between HTTSPL and the Company effective from February 10, 2014
The Company entered into a technical assistance and services agreement with Adler SpA, Italy for development and manufacture of transmission products
The Company entered into a license and technical assistance agreement with Magnetti Marelli COFAP Companhia Fabricadora de Pecas for use of shock absorbers and struts for manufacture of fthe wheelers to be sold solely to Bajaj Auto Limited and its affiliates
2014
2015
Acquisition of assets and liabilities of Grana Srl, Italy by Endurance Engineering
Endurance Overseas increased its stake from 15% to 100% by acquiring an additional 85% of shares in Endurance FOA
The Company entered into a technical know-how agreement with WP Performance Systems GmbH, Austria for manufacture of suspension components
Award for Cost Competitiveness 2013-14 by Honda Motorcycle & Scooter India (Pvt.) Ltd. to the Company
Certificate of Appreciation by Honda Motorcycle & Scooter India (Pvt.) Ltd. to the Company for achieving the Quality & Delivery Targets for the year 2013-14
2015
2016
The Company entered into a technical collaboration agreement with a European brakes technology provider for manufacture of combined break system for motorcycles
Certifications, Awards and Accreditations :
ACMA Award for Excellence in Export - Large Category 2014-2015 to the plant situated at K-120, Aurangabad.
ACMA Seal of Recognition Manufacturing Excellence award to the braking division of the Company.
ACMA Seal of Recognition Manufacturing Excellence award to the transmission division of the Company.
ACMA Seal of Recognition Manufacturing Excellence award to the suspension division of the Company.
Award for New Part Development 2015-16 by Honda Motorcycle & Scooter India (Pvt.) Ltd. to the Company.
Endurance Technologies Ltd are listed and admitted to dealings on the Exchange in the list of 'B' Group Securities.
2016
2017
Felicitation and citation by the Indian Merchants Chambers to the Managing Director on behalf of the Company as an Emerging Manufacturing Giant from Maharashtra
ACMA Award for Excellence in Export - Large Category 2015-2016 to the disc brake division of the Company
ACMA Award for Excellence in HR Â Special Category 2015-2016 to the transmission division of the Company
2017
2018
Endurance Technologi A rapidly expanding market for two-wheelers
2018
2019
Endurance Technologi - Merger Of Endurance Fondalmec S.P.A Into Endurance FOA S.P.A, The Two Step-Do
Endurance Technologies buys Italian company for $9.3 mn
Endurance Technologies Ltd has Won 1st Prize in National Energy Conservation Award-2019
2019
2020
Endurance Technologi - Acquisition Of Adler Spa By Endurance Overseas Srl., Subsidiary Of The Endura
Endurance Technologi - Acquisition Of Grimeca Srl By Endurance Adler Spa., Step-Down Subsidiary Of E
2020
2021
Endurance Technologies introduces VRS for its employees at Chakan
Endurance Technologies Commences Of Commercial Production At The Company'S New Plan
2021
2022
Endurance Technologies has acquired 51% of the equity share capital of Maxwell on 1st July, 2022.
Endurance recognized as Best Managed Company 2022.
2022