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Minda Industries Ltd. Company History and Annual Growth Details

Minda Industries Ltd. is a Delhi based company engaged in the manufacture of switches, lamps & horns for automobiles.

In July 1996, the company came out with a public issue of 14.85 lakh shares of Rs 10 each at a premium of Rs 20 per share.

The company promoted a joint venture company, Mindarika Ltd., along with Tokai Rika Co. Ltd. (TC), Japan and Sumitomo Corporation (SC) of Japan to manufacture switches for four wheelers (except tractors). The company was incorporated on 9-11-1995.

Unit I of the company situated at B-64/1, Wazipur Industrial Area, Delhi, was awarded ISO 9001 certification by TUV Management Services GmbH on 2-5-1997.

2007
-Registered Office of the Company has been shifted From B-73, Wazirpur Industrial Area, Delhi- 110052 To B-64/1, Wazirpur Industrial Area, Delhi- 110052

2009

- Minda Industries Ltd has appointed Mr. Ashok Kumar Goel as Director (Non-Executive & Independent Director) on the Board of the Company, at the Board Meeting of the Company held on July 29, 2009.

2010

- TAFE has awarded Minda Industries Limited - Lighting Division, Sonepat as a "SELF CERTIFIED SUPPLIER"
- Minda Industries Limited - Acoustic Division received " Outstanding Performance Award - 2010" from Mahindra – Automotive & Farm Equipment Sectors

2011

- Company has signed the Joint Venture Agreement (JVA) with Kyoraku Co. Ltd., Japan and Nagase & Co. Ltd.,

2012
- Minda Industries Limited - Switch Division received "TPM Excellence Award" from JIPM, Japan.in 2012

- Minda Industries Limited - Switch Division received "Quality Management Awrad" from Honda

- Minda Industries Limited - Switch Division received "Best Development Award for Lever Combination Switch Development" from JCB India.

2013
-Company has entered into a Share Purchase Agreement with PMAn Domestic AG, Germany.
-Acoustic Division received "Gold Quality Award" from Bajaj Auto Ltd.
-Lighting division received a "Special Citation of Distinction" for a valued partnership at Tata Motors Annual Supplier’s Conference.
-Lighting Division received "Silver Trophy for Overall Performance" from Maruti Suzuki India Ltd.
-Switch Division received "Quality Achievement Award" from Polaris, USA.

2014
-Minda Industries Ltd has signed a Joint Venture Agreement with Panasonic Corporation.
-Switch Div. received INNOVATION AWARD from JCB UK for the ongoing work on Steer Mode Switch and Media Panel for the year 2013-14.
-MRPL, Manesar received Vendor Up gradation Certificate from MSIL.

2015
-Minda Industries -Joint Venture Agreement with Kosei Group, Japan
-Minda Industries & Kosei Aluminum Co. enters into new Joint Venture to develop, manufacture and sell Aluminum Alloy Wheels

2016
-The Company has signed a definitive agreement to acquire Rinder India Private Limited (RIPL), from Rinder Industrial Spain.
-UNO MINDA acquires global lighting business of Europe based Rinder Group
- The Company has acquired the global lighting business of Spain-based Rinder Group for about Euro 20 million.
-Minda Industries Ltd has Completion of the global acquisition of Rinder’s lighting business

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