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Mazda Ltd. Company History and Annual Growth Details

Mazda Controls Limited was incorporated on 3rd September, 1990 under the name and style of Mazda Controls Private Limited and was subsequently converted into a Public Limited Company in terms of special resolution passed on 20th December, 1991 and fresh certificate of incorporation was issued by ROC on 13th March, 1992 under the Companies Act, 1956. The registered office of the Company is at C/1-39/13/16, G.I.D.C. Naroda, Ahmedabad.

MCL has a technical agreement for purchase of designs and drawings with M/s Croll-Reynolds Inc. of USA.

MCL is promoted by Mr. Sorab R Mody

During the year 1995-96 the Company has amalgamated with Mazda Croll-Reynolds Process Systems Private Limited. The effective date of amalgamation is 01/07/1995.

2003

-Bags order from Reliance Industries Ltd. for Multi-stage Steam Jet Ejector System for the Crude-Distillation Unit at Reliance Industries Jamnagar.

2004

-Mazda enters into strategic alliance with Croll Reynolds of USA

-Mazda bags Rs 1.77 cr order from Reliance Industries

2005

-Company has splits its Face value of Shares from Rs 10 to Rs 2

2006

-Mazda Ltd has bagged an order from Inertia Iron & Steel amounting to Rs 5.90 minion.

- Company has Consolidates its Face value of Shares from Rs 2 to Rs 10

2007

-Mazda secures order from the world renown Seimens for Rs 36.30 million

2008

-Mazda has recommended dividend of 15%

2009

-Mazda has recommended dividend of Rs 2 (Two) per equity share of face value of Rs 10/- each i.e. 20%

2010

-The Company recommended dividend of Rs. 2.50 per equity share of face value of Rs. 10/- each i.e. 25%

2011

-Mazda has declared Special Interim Dividend of Rs. 3.50 per equity share of thee value of Rs. 10/- each i.e. 35%

2012

-Mazda inaugurated its new factory situated at Plot No. 17/1 , Phase - III, GIDC, Naroda, Ahmedabad.

2013
-Mazda Ltd has recommended a dividend of Rs. 5/- per equity share of Rs. 10/- each

2014
-Mazda Ltd has recommended a final dividend of Rs. 5.50 per equity share of Rs. 10/- each
(55%)

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