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Twenty First Century Management Services Ltd

Endurance Technologies Ltd

BSE : 540153|NSE : ENDURANCE|ISIN : INE913H01037

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
2004
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022

2000

Incorporated as Endurance Suspension Systems (India) Private Limited

2000

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2004

Production of disc brake assemblies started at Aurangabad

2004

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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 – Special Category 2015-2016 to the transmission division of the Company

2017

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2018

Endurance Technologi A rapidly expanding market for two-wheelers

2018

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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

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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

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2021

Endurance Technologies introduces VRS for its employees at Chakan

Endurance Technologies Commences Of Commercial Production At The Company'S New Plan

2021

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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

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548):

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