YEAR EVENTS
1919 - The Company was incorporated at Mumbai. The Company
is a dealer for Fiat cars and trucks, Medows diesel engines, Airtemp
and Premier room air-conditioners and spare parts and accessories
thereof. The Company maintains workshops for repairing and
servicing these products. The Company also holds a number of
agencies.
1924 - 1,500 shares forfeited. Capital of the Company reduced.
1948 - During 1925-1948, 9,500 Bonus shares issued in prop. 1:3.
1949 - 19,000 Bonus shares issued in prop. 1:2.
1957 - In Nov. 1956, 23,000 Rights shares issued at par in prop. 2:5.
1967 - Issued 20,000 Bonus shares in the proportion 1:4.
1989 - During the year, diesel engine cars exclusively for the metered
taxi and tourist taxi trades were introduced.
1998 - The Company has during the year installed integrated software for
its financial and inventory operations.
1999 - The Company has signed a M.O.U with another company for allowing
it to use the facilities of one of the Service Units owned by the
Company.
2009
- Email ID :
[email protected]2012
- The Company has recommended dividend of 20%
2013
-The company recommended dividend of 25% on the equity shares of Rs. 10/- each i.e. Rs. 2.50/- per share.
2014
-The company recommended dividend @ 30% i.e. 3.00/- per Equity share of Rs. 10/- each.
2017
-Started Restaurant - CANTO.
2019
-The Company has issued Bonus Shares in the Ratio of 1:1.