Omax Autos Ltd
Omax Autos Ltd Company History
Omax Autos is engaged in the business of manufacturing and selling sheet metal components. The Company sells its products in India as well as various other global markets but has a dominant presence in domestic market.
2002
Assigned a rating of A1+ for its commercial paper programme by ICRA
Approves to raise the capital of the company by way of public issue of Equity shares upto Rs 600 million (inclusive of premium) to meet the capital expenditure incurred / to be incurred and short fall in working capital.
2002
2003
Considered and approved the Amalgamation of M/s Indital Tintoria Ltd with the Company including the scheme of amalgamation, valuation Report & Fixation of Exchange Ratio
Underwriters Laboratories Inc USA has recommended ISOTS 16949 certificate for two units of the company. The company has also signed an agreement with Delphi Automotive Systems for exports of auto components.
Considered and approved the following matters:
1.Setting up of a new unit of the Company at Bangalore
2. Resignation of Mr Brijmohan Lal Munjal, Chairman & Director of the Company.
2003
2007
Omax Autos Ltd has entered into a Memorandum of Understanding (MOU) with PSP Co., IRAN to set up two J.V. Companies one in India and the other in Iran for exploring the possibilities to expand the Business of manufacturing Auto Parts.
2007
2008
Omax Autos has recommended dividend @ 15%
2008
2009
Mr. Sharad Jain has been appointed as CFO of the Company
2009
2010
Omax Autos has recommended a final dividend of Re. 1.50/- per equity share of Rs. 10/- each fully paid-up (i.e. 15%)
2010
2011
Mr. Puspendra Kumar Bansal, Chartered Accountant has been appointed as Chief Financial Officer (CFO) of the Company
Mr. Sanjeev Kumar has been appointed as Company Secretary and Compliance Officer of the Company
2011
2012
Omax Autos, commercial production has been started in the new Plant of the Company situated at Uttarakhand
Omax Autos has recommended a final dividend of Rs. 2.00/- per equity share of Rs. 10/- each
2012
2013
Board has recommended a final dividend of Rs. 1.00/- per equity share of Rs. 10/- each.
2013
2014
Mr. Sanjeeb Kumar Subudhi has been appointed as the Company Secretary of the Company.
2014
2016
The Registered Office Address of the Company has been changed from '69 K.M. Stone, Delhi Jaipur Highway, Dharuhera, Distt. Rewari, Haryana - 123 016' to 'Plot No. B-26, Institutional Area, Sector 32 Gurgaon - 122 001, Haryana.
Omax Autos Ltd. has successfully secured order for supply of Railway parts from Indian Railways for order value estimated between Rs. 90-100 Crores.
2016
