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HIM Teknoforge Ltd. Company History and Annual Growth Details

YEAR EVENTS
1996 - For conservation of Energy the Capacitors Banks were installed to improve the
electric power utilisation factor.

- Shri N. C. Pate and Shri B.J. Kothari retire pursuant to Article 132
of the Articles of Association of the Company and are eligible for
re-appointment.

1999 - Mr. K. C. Raval, Director of the Company has tendered his resignation from
the office of the Directors for personal reason.

- The company has subscribed to a Group Gratuity Scheme of the Life Insurance
Corporation of India.

2000 - The Workers of the company have gone on strike from July 19 for
their demand for increase in wages at their factory situated at
Kalali, Baroda.

2006 -Company has recommended final dividend @ 20% (i.e. Rs 2 per share) for the year ended March 31, 2006.


2008 - Gujarat Automotive Board recommends dividend @ 30/- (Rs 3 per Share) for the year ended March 31, 2008.

2009 -Gujarat Automotive Board has recommended Dividend @ 30% (i.e. Rs 3 Per Share).


2010 -Gujarat Automotive Board has recommended Dividend @ 30% (i.e. Rs. 3 Per Share).


2012 -Gujarat Automotive Board has recommended Dividend @500% (i.e. Rs. 50 Per Share).

2013

-The Company has recommended Dividend @ 30% (i.e. Rs. 3 Per Share).

2014

-The Company has recommended Dividend @30% (i.e. 0.60 Per Share of Rs. 2).
-Gujarat Automotive Gears has splits its face value from Rs 10/- to 2/-

2015
-Gujarat Automotive Gears "GAGL Increases its Product Portfolio & New Clientele in overseas market".


2018
-Company name has changed to HIM Teknoforge Ltd. from Gujarat Automotive Gears Ltd..

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