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VST Tillers Tractors Ltd. Company History and Annual Growth Details

The company's policy during the year 1991-92, to give a thrust to export has met with a fair share of success of Rs. 50.63 lakhs as against Rs. 6.78 lacs. The major portion of this exports of components through our joint venture associates M/s. Mitsubishi Corporation, Japan reflects the confidence reposed in the technical capabilities of the company. The company had issued a Rights issue of 1,57,563 Equity shares of Rs. 100 each aggregating to Rs. 157.56 lacs during the period 1991-92, thereby enabling the company to augment its production facilities and meet long term working capital needs.

2004

--Joins hands with State Bank of India to launch SBI-VST Shakti, a new loan scheme for farm mechanisation programme.

2005

-The company has recommended a dividend of Rs 2.50 per share (on face value of Rs 10/-).

2007

-The Company is increasing the production of its Power Tillers and Tractors to meet the increased demand.

-The company has recommended a Dividend of 40%, i.e., Rs 4/- per Equity Share of Rs 10/- each.

2008

-The company has recommended a dividend of 50% i.e. Rs 5/- per equity share out of the profits of the Company.

-VST Tillers Tractors has given the Bonus in the Ratio of 1:2

2009

-The company has recommended a Dividend of 75% i.e., Rs 7.50p per equity share of Rs 10/-.

2010

-The company has issue of Bonus Shares in the ratio of 1:2.

--The company has recommended a Dividend of 75% i.e., Rs 7.50p per equity share of Rs 10/-.

2011

--The company has recommended a Dividend of 90% i.e. Rs. 9/- per equity share of Rs. 10/-.

2012

-The company has recommended a Dividend of 90% i.e. Rs. 9/- per equity share of Rs. 10/- each.

2013
-VST Tillers Tractors Ltd has informed that the Board of Directors of the Company has recommended a Dividend of 90% i.e., Rs. 9/- per equity share of Rs. 10/- each.

2014
-VST Tillers starts commercial production at Hosur plant
-Punjab National Bank signed MOU with VST
-VST Tillers Tractors Ltd has informed that the Board of Directors of the Company has recommended a Dividend of 150% i.e., Rs. 15 per equity share of Rs. 10/- each.

2015
- During the Year, the Company manufactured 300000 Power Tillers.

- The Company have been conferred with 'Best Supplier Award' by Mitsubishi Heavy Industries VST Diesel Engines Pvt Limited during the Year.

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