Sika Interplant Systems Ltd
Sika Interplant Systems Ltd Company History
Sika Interplant Systems is an engineering driven company focused on the Aerospace, Defence & Space (A&D) and Automotive sectors in India. A public listed company on the Bombay Stock Exchange, SIKA’s main lines of business comprise: engineered projects & systems; interconnect solutions & electrical module integration, maintenance, repair & overhaul (MRO); and value-added distribution.
1985
Sika Interplant Systems Ltd was incorporated as an engineering company.
1985
2005
The Company has recommended the declaration of dividend @ 6% for the year.
2005
2006
The company had decided to acquire all the undertakings of Spaceciti Projects by amalgamating Spaceciti Projects with the company, with effect from April 01, 2006.
The board of directors of the company had adopted a fair exchange ratio of 1:26 for the amalgamation.
2006
2007
The board of the company had approved scheme of amalgamation of M/s. Spaceciti Projects Pvt Ltd with the company.
The company had allotted 26,00,000 equity shares of Rs 10 each to the shareholders of M/s. Spaceciti Projects Pvt Ltd (SPPL) as per the scheme of amalgamation.
Board of Directors of the company had approved the formation of a Joint Venture (JV) in India with Maccon GmbH, Germany for design, develop and manufacture Motion Control and Servo Systems for aerospace, automotive industry.
Board of the company had also approved the investment of 51% equity in the joint venture.
The Company has recommended declaration of dividend @ 6% for the year.
208
The Company has recommended declaration of dividend @ 6%.
2007
2009
The Company has recommended declaration of dividend @ 6%.
2009
2010
The Company has obtained Financial closure for upgradation and expansion of its facilities at Bangalore for Design, Supply, certification and MRO for Aerospace & Defence at Bangalore.
2010
2011
The Company has recommended declaration of dividend @ 6%.
2011
2012
The Company recommende dividend of Rs. 0.60 net of tax per equity share
2012
2013
Board has recommended a dividend of Rs.0.60per share (i.e.6%).
2013
2014
Sika Interplant has bagged orders worth Rs 24 crore.
Mr. S. Santhanam has been appointed as a Additional Director of the Company.
2014
2017
SIKA and Aerotek launch India's first dedicated Landing Gear company.
2017
