SM Auto Stamping Ltd. Company History and Annual Growth Details

The Company was originally incorporated as “SM Auto Stamping Private Limited” onAugust 14, 2006 vide Registration no. 163789 (CIN: U27109MH2006PTC163789) under the provisions of the Companies Act, 1956 with the Registrar of Companies, Mumbai. Further, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on December 05, 2019, the company was converted into a Public Limited Company and consequently the name of the Company was changed from “SM Auto Stamping Private Limited” to “SM Auto Stamping Limited” vide a fresh Certificate of Incorporation dated December 19, 2019 issued by the Registrar of Companies, Mumbai. The Corporate Identification Number of the Company post conversion is U27109MH2006PLC163789.

KEY EVENTS AND MILESTONES :

2006

- Incorporation of the Company in the name of “SM Auto Stamping Private Limited”

2007

- Took over the running business of M/s. S.M Industries (a Partnership Firm) vide agreement dated April 30, 2007 from Mr. Mukund Narayan Kulkarni and Mr.Suresh Gunwant Fegde.

- Took over the running business of M/s. Spam Fab Technocrats (a Partnership Firm) vide agreement dated April 30, 2007 from Mr. Mukund Narayan Kulkarniand Mr.Suresh Gunwant Fegde

- Acquisition of factory unit at C-13, MIDC, Ambad Nashik-422010, Maharashtra, India

2017

- Crossed Consolidated Turnover of Rs. 50 crores

- Acquired 55.01% stake in SM Autovision Private Limited through allotment of equity shares and formed it as the Subsidiary Company.

2018

- Acquired 20.45% more shareholding in SM Autovision Private Limited, thereby making total shareholding of 75.46% in SM Autovision Private Limited

- Appreciation Certificate from INDE 2018 at Nashik Industries & Manufacturers' Association(NIMA) Index 2018

2019

- Crossed Consolidated Turnover of Rs. 75 crores and Standalone Turnover of Rs. 50 crores.

- Sold 27.46% stake in SM Autovision Private Limited on November 27, 2019, post which, we hold 48.00% stake in SM Autovision Private Limited and it ceased to be the Subsidiary Company

- Conversion of the Company from Private Limited to Public Limited Company.