
Suprajit Engineering Ltd
Suprajit Engineering Ltd Company History
Suprajit Engineering is engaged in the business of manufacturing of auto components consisting mainly of control cables, speedo cables, auto lamps and other components for automobiles and caters to both domestic and international markets.
2003
The Hon. High Court of Karnataka has approved the scheme of Amalgamation of Shah Concabs Pvt Ltd, a wholly owned subsidiary.
Suprajit Engineering's Units at Bangalore and Manesar awarded International Quality Certification
2003
2004
De-listing of the equity shares from the stock exchanges at Bangalore, Chennai and Ahmedabad.
The company's state-of-the-art automotive cable plant at Chakan, Pune was inaugurated on March 18, 2004 by Shri Rajiv Bajaj, Joint Managing Director, Bajaj Auto Ltd.
Enters into MoU with Carclo PLC - UK based major Company, to setup a Joint Venture to manufacture Automotive Cables in India for the European Union.
2004
2005
Suprajit Engineering Ltd has declared an interim dividend of 20 per cent.
The Company has received for the first time a non-automotive cable order from Textron USA.
The Company has started dispatching cables to Piaggio, Italy.
2005
2006
Declared an Interim Dividend of 20% on the Fully Paid Equity Shares of the Company.
CTP Suprajit Automotive Pvt Ltd, a 50:50 Joint Venture Company with Carclo Plc, U.K., a 100% EOU for export of cables to European markets has started trial run of plant.
The Company has received an initial order for supply of cables to North America by Lear Corporation.
The number of cables despatched for the year was 41 million, as against 32 million of the previous year.
2006
2007
Has declared an Interim Dividend of 20% on the Fully Paid Equity Shares of the Company.
MoU signed with Michang Cables Korea - a well-known cable, shifter and gas spring manufacturer for long-term logistics and co-operative manufacturing programme.
The new plant at Pantnagar, Uttaranchal for cables is expected to start commercial production by April.
2007
2008
Has declared an Interim Dividend of 20% on the Fully Paid Equity Shares of the Company.
The Company's new Plant at Singur will manufacture and supply Automotive Cables for "Tata Small Cars".
Suprajit Engineering Ltd has informed that the Companys new Export Oriented Unit to manufacture non-automotive cables for exports has started trial production.
2008
2009
Declared an Interim Dividend of 20% on the Fully Paid Equity Shares of the Company for the year.
Company announces its ground breaking ceremony was held for a full-fledged state-of-the-art automotive cable plant at Haridwar to support its major customers.
2009
2010
Company has started trial production in its State of the Art manufacturing facility at Haridwar.
Split existing equity shares of Rs. 5/- each into 5 equity shares of Re. 1/ each and entitlement of Bonus Shares in the ratio of 1:1.
Company has started cable operations at the recently acquired plant in Bommasandra Industrial Area, Bangalore.
Ground breaking ceremony was held for a new cable plant for 4 wheelers at Chakan, Pune.
Suprajit Engineering has given the Bonus in the Ratio of 1:1
Company has splits its Face value of Shares from Rs 5 to Re 1
2010
2011
Declared an Interim dividend of 20% (Re. 0.20 Per Share of Re. 1/- each) for the year.
A groundbreaking ceremony was performed on December 01, 2011 for a new automotive cable plant at Suprajit Automotive Limited, 100% EOU at Bangalore.
2011
2012
The Company has successfully implemented a new Automotive Cable manufacturing plant at Plot No. #189/A,189B, Bommasandra Industrial Area, Bangalore and commenced the trial production.
Dr. C. Mohan, erstwhile President of the Company into the Board as Executive Director.
2012
2013
The company has received Supplier Quality Excellence Award from General Motors.
Suprajit Engineering Ltd has started commercial production at its new cable plant in Pathredi.
2013
2014
Suprajit acquired Speedo Cable business from PRICOL.
2014
2015
Suprajit Enginee Acquired Phoenix Lamps Limited
2015
2016
Suprajit Announces acquisition of Wescon Controls, USA
Acquisition of Wescon Controls LLC an Overview
Suprajit Engineering - Earnings beat due to higher other income
2016
2021
Suprajit Engineering launches new technology centre in Bangalore.
2021
2022
Suprajit Engineering acquires Light Duty Cable biz of Kongsberg Automotive.
Suprajit acquire the actuation technology through this transaction, making Electro-Magnetic Actuators (EMA), a new product segment for the group.
Suprajit Engineering acquires of Light Duty Cable (LDC) business unit of Kongsberg Automotive ASA
2022