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YEAR EVENTS
1996 - For conservation of Energy the Capacitors Banks were installed to improve the
electric power utilisation factor.
- Shri N. C. Pate and Shri B.J. Kothari retire pursuant to Article 132
of the Articles of Association of the Company and are eligible for
re-appointment.
1999 - Mr. K. C. Raval, Director of the Company has tendered his resignation from
the office of the Directors for personal reason.
- The company has subscribed to a Group Gratuity Scheme of the Life Insurance
Corporation of India.
2000 - The Workers of the company have gone on strike from July 19 for
their demand for increase in wages at their factory situated at
Kalali, Baroda.
2006 -Company has recommended final dividend @ 20% (i.e. Rs 2 per share) for the year ended March 31, 2006.
2008 - Gujarat Automotive Board recommends dividend @ 30/- (Rs 3 per Share) for the year ended March 31, 2008.
2009 -Gujarat Automotive Board has recommended Dividend @ 30% (i.e. Rs 3 Per Share).
2010 -Gujarat Automotive Board has recommended Dividend @ 30% (i.e. Rs. 3 Per Share).
2012 -Gujarat Automotive Board has recommended Dividend @500% (i.e. Rs. 50 Per Share).
2013
-The Company has recommended Dividend @ 30% (i.e. Rs. 3 Per Share).
2014
-The Company has recommended Dividend @30% (i.e. 0.60 Per Share of Rs. 2).
-Gujarat Automotive Gears has splits its face value from Rs 10/- to 2/-
2015
-Gujarat Automotive Gears "GAGL Increases its Product Portfolio & New Clientele in overseas market".
2018
-Company name has changed to HIM Teknoforge Ltd. from Gujarat Automotive Gears Ltd..
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