Wheels India Ltd Company History

Icra has assigned A1+ and A1 ratings to the proposed commercial paper issue of two TVS group companies

TITAN Europe Ltd a subsidiary of Titan Wheel International Inc USA replaces BTR Plc as the new foreign collaborator

2000 - ICRA has assigned an `A+' rating to the enhanced commercial paper

programme of Rs 40 crores of the company.

Mr. Srivats Ram has been appointed Director of the company effective

October 1.

Co-opted Mr. T K Seshadri, Advocate as Non Executive, Independent Additional Director

T S Santhanam, Chairman has resigned from the Board w.e.f. October 30, 2002. and

Mr. S Ram was elected unanimously as the Chairman of the BOD by the Board

The Company has declared interim dividend of 28%.

Credit rating agency ICRA has reaffirmed A1 plus rating.

Appointment of DirectorsMr. T S Vijayaraghavan and Mr. S Prasad, as Non-Executive, Independent, Additional Director

Mr. Srivats Ram, Executive Director has been appointed as Joint Managing Director.

A new factory at Uttaranchal for manufacture of wheels for passenger cars / utility vehicles and agricultural tractors.

The Company's new plant for manufacture of wheels for Earth Moving & Construction Equipment at Sriperumbudur, Chennai was inaugurated.

The Company and Sundaram Finance Ltd will hold a stake of 49% each in the paid-up capital of Sundaram Hydraulics Ltd.

Wheels India Ltd, is entering the power sector.

The Company have recommended a dividend of Rs. 4.50 per share.

All India Organisation of Employers' (AIOE), an allied body of Federation of Indian Chambers of Commerce and Industry (FICCI) Award for Outstanding Industrial Relations

The Company have recommended a dividend of Rs. 6.50 per share.

The Company have recommended a final dividend of Rs.6/- (60%) per equity share.

Wheels India inks deal with Turkey-based EGE Endustri.

Wheel and Tyre Assembly at Bidadi has bagged Best Eco Awareness OSS Award.

Wheels India Limited wins the prestigious "CV auto component of the year" Award.

Wheels India has announced Rights in the Ratio of 51:20

The Company has issued Bonus Shares in the Ratio of 1:1.

Wheels India setting up new plant to serve overseas market.

Company has started production at a newly commissioned cast aluminium wheel plant at Thervoykandigai.

Hon'ble NCLT approved Scheme of Amalgamation of Sundaram Hydraulics Ltd and Wheels India Ltd and their respective Shareholders.

Wheels India Limited has informed the Exchange regarding ''Sanction of Scheme of Amalgamation of Sundaram Hydraulics Limited with Wheels India Limited'