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SML ISUZU Ltd
SML ISUZU Ltd Company History
SML Isuzu is primarily engaged in the business of manufacture and sale of Commercial Vehicles and their parts.
1995
Board for Industrial and Financial Reconstruction (BIFR) prepares a restructuring package at a cost of Rs. 7.8 crore
1995
1999
The share department and office has been shifted to SCO:204-205 Sector 34-A Chandigarh - 160 022.
1999
2001
Cholamandalam Investment & Finance Company Ltd (CIFCL), part of the Chennai-based Murugappa group, has entered into a strategic alliance with commercial vehicle major Swaraj Mazda Ltd (SML) for offering financial support to dealers and customers of Swaraj Mazda
2001
2003
Received an intimation from HDFC Mutual Fund regarding the change in shareholding in the company of their schemes.
2003
2007
Swaraj Mazda Ltd has appointed Mr. K Nakajima as Whole-time Director of the Company for a five year tenure with effect from February 01, 2007.
2007
2008
Board has recommended a dividend of Rs 5.50 per share.
2008
2009
Board has recommended a dividend of Rs 1.50 per share.
2009
2010
Board has recommended dividend of 40%(Rs. 4 per share).
SML Isuzu Ltd Issues Rights in the Ratio of 19:50
2010
2011
The Registrar of Companies, Punjab, H. P. & Chandigarh, has approved the Change of Company name from Swaraj Mazda Ltd to SML ISUZU Ltd.
SML Isuzu Ltd has submitted to BSE a copy of Abstract of the terms and conditions of appointment of Mr. Yutaka Watanabe, Managing Director of the Company pursuant to section 302 of the Companies Act, 1956.
Company has changed its name from Swaraj Mazda Ltd. to SML Isuzu Ltd.
2011
2012
The Board have recommended a dividend of Rs. 8.0 per share.
2012
2013
SML Isuzu has recommended dividend of 80% (Rs. 8 per share).
2013
2014
SML Isuzu have recommended dividend of 30% (Rs. 3 per share).
2014
2016
ICRA upgrades long term rating of SML Isuzu
2016
2018
"Launch of Mobile application named as"Loan Dost" for loan products under Fintech platform of the Company".
2018
2020
The company issued rights shares of Rs. 10 in the ratio of 48:125 at a premium of Rs. 50 per share.
2020