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Sundaram Brake Lining Ltd. Company History and Annual Growth Details

YEAR EVENTS

1974 - The Company was incorporated. The main objects of the Company
is to manufacture and deal in all friction material for automotive,
non-automotive, industrial, railway and all other applications and
also manufactures and deals in such materials or components as are
allied and akin to the above products.

- The company has received a Letter of Intent from the Government for
expanding its capacity by 2700 M.T. The factory is located in Padi Madras &
T.S.K. Puram, Mustakurichi O.P. Aruppukottai Taluk in Kamaraj.

1992 - The Company obtained certification under ISO 9002. After maintaining the
same for 3 years, the Company, while applying for recertification, offered its quality
system for upgradation into ISO 9001 to cover design and development also in
addition to manufacturing and supplies.

1993 - During the year, the Company has bagged the Technology Award for the
year 1991-92 from the Automobile Components Manufacturers' Association
for introducing Asbestofree Brakelinings through import substitution.

- The Company was awarded first prize for the productivity achieved at the State
level for two consecutive years 1989-90 and 1990-91 by the Government of Tamilnadu.

- The Company was awarded first prize to its TSK Plant for Industrial Safety for
the year 1989-90 by the Government of Tamilnadu.

- Received the technology Award from the Automobile Components Manufacturers'
Association for Asbestosfree Brakelinings through import substitution

1994 - During the year, the Company was awarded "National Award for R & D Efforts" in the
Industry for the year 1993 for Technology Absorption. We are the first Auto Component
Manufacturer to receive this Award.

1995 - The Company's US partner spinned off its holding infavour of TVS Group.
This has resulted in the change in the Company's name to the present, which
was SUNDARAM ABEX LIMITED.

1998 - The Company has signed a Technology Transfer Agreement with M/s European
Friction Industries Limited, U.K. for importing technology relating to manufacture of Disc
Brake Pads for Commercial Vehicles.

2000 - The Company has developed two new auto components - bonded brake shoes
for two - wheelers and disc pads for commercial vehicles in the overseas markets.

2001

- Sundaram Brake Linings Ltd has appointed Mr. S. Pattappa as an Alternate Director to Mr. K. S. Ranganathan, Director who has gone abroad for a long period.

2009
-Sundaram Brake Lining Ltd Issues Rights in the Ratio of 9:20

2011
-Sundaram Brake Linings Ltd has recommended a Dividend of Rs. 4/- per equity share of Rs. 10/- each for the year.

2012
-Sundaram Brake Linings Ltd has recommended a Dividend of Rs. 3/- per equity share of Rs. 10/- each for the year.

2013
-Mr. Krishna Mahesh has been appointed as Joint Managing Director of the Company.

2014
-Plant 5 located in Mahindra World City, Chengalpet, is fully operational now.

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