Magna Electro Castings Ltd Company History

Magna Electro Castings Ltd has informed that the Company's shares have been delisted from the Madras Stock Exchange w.e.f. January 13, 2004.

Company has recommended a dividend of 30%.

Magna Electro Castings Ltd has recommended a dividend of 21% on the equity share capital of the Company.

Magna Electro Castings Ltd has recommended payment of dividend of Rs 1.50 per share (15%) on the Equity Share Capital.

Magna Electro Castings Ltd has recommended payment of dividend of Rs. 2 per share (@ 20%) on the Equity Share Capital.

Magna Electro Castings Ltd has recommended payment of dividend of Rs. 2 per share (@ 20%) on the Equity share Capital

Magna Electro Castings Ltd has have recommended payment of dividend of Rs. 2/- per share (@20%) on the Equity Share Capital.

Magna Electro Castings Ltd has informed that Mr. C. R. Swaminathsn has been appointed as a Additional Director in the Board of the Company effective from January 25, 2012

Magna Electro Castings Ltd has recommended a dividend of 18% (Rupee One and Paise Eighty Only)

Magna Electro Castings Ltd has established a core assembly shop to improve the dimensional accuracy of castings, installation of New Hunter XL 2024 molding machine,new CAM software and New Intensive Sand Mixer.

Magna Electro Castings Ltd has recommended payment of dividend Rs. 1.60 per share (@ 16%) on the Equity Share Capital.

Company's Machineshop division has been awarded second time as a Power User of EDGECAM software for the year 2014.

Magna Electro Castings Ltd has been awarded with "Best Supplier award for Commitment and Dedication to Excellence" for the year 2014 by FMC Technologies, Measurement.

Magna Electro Castings Ltd has established a core assembly shop to improve the dimensional accuracy of castings.

Magna Electro Castings Ltd has Purchased Adaptive Thermal Analysis system

Magna Electro Castings Ltd certified for ISO 9001 & ISO/ TS16949 certification by Bureau Veritas was schedule for the Recertification audit.

The Company is pleased to announce the installation of a new state of the art Pressure Blast Equipment to clean the rust and scaling from the inner side of the intricate profile casting, a 1000 kW/1000 Hz Tri Track Inductotherm steel shell furnaces of 3.6 tons capacity,installation of a new Hartford Double Column VMC machine with Nikken Rotary,power packs and 3D PRINTING Technology, Installation of Romer Portable CMM with 3D Scanner and Installation of CATA 2 system for its Furan Nobake continuous Mixer during the year.

Magna Electro Castings Ltd is recognised with Cash rewards for achieving a new bench mark in the overall Uptime of the Plant during the financial year 2015-16.

Magna is pleased to announce the installation of a new Twin pallet VMC with 4th axis drive and hydraulic power pack in its captive machine shop.

Magna Electro Castings Limited has been successfully recertified for Transport & Power Generation (TPG) certification for the 6th year in succession. Scope for TPG certification is our core business "Casting", with the validity of accreditation extending till 31st January 2020.

Magna Electro Castings Ltd announce that our Environmental Management System is certified for compliance with International Environmental Management System ISO 14001:2015 standard requirement certified by TUV Nord.Audit team was satisfied with the Compliance to the standard require.