Automobile Corp of Goa (ACGL) Ltd.

 The Company was incorporated  on 1st September, 1980 at Panaji
 Goa.
 
 The object  of the company  is to manufacture, assemble and
 press all  types of  sheet metal components including ferrous
 and non-ferrous .
 
 The Company was promoted  jointly by Economic Development
 Corporation of Goa, Daman & Diu Ltd.(EDC) and Tata
 Engineering & Locomotive Co. Ltd. (TELCO)  , with an  equity
 participation of 41.06%  and 10% respectively.
 
 Commercial production started from 1st August, 1982.
 
 With the installation  of  a 500  tonne hydraulic press by the
 end  of the year, the production  of various items  was
 expected to increase in the year to come to meet  the growing
 needs.
 
 During 1987-88, government approval was received for
 collaboration with M/s Fuji Heavy Industries, Japan for the
 manufacture of 1,500 bus bodies and component parts per year
 at a new unit  to  be  set up near the existing plant.
 
 TELCO  shall purchase the production of the company on a
 continuing basis.
 
 2001 
 
 -Crisil has downgraded the rating for the company's non-convertible
 portion of the partly convertible debenture issue from `BBB' to
 `BB+'.
 
 2007
 
 -The company has issued rights in the ratio of 3:10 at a premium of
 Rs.465/- Per Share.
 
 2010
 
 -Mr. Steven A Pinto has been appointed as an Additional Director. 
 
 - Automobile Corporation of Goa Ltd has ppointed Mr. C. Ramakrishnan
 as an Additional Director.
 
 -The Company has recommended a Dividend of Rs 1/- per Equity Share
 (10%). 
 
 2011
 
 --The company has secured a contract worth INR 30 million from the JV
 firm Tata Marcopolo motors.
 
 --The Company has recommended a Final Dividend of Rs 12.50/- per
 equity shares.
 
 2012
 
 -The Company has recommended a Final Dividend of Rs.12.50 per Equity
 Shares.
 
 2013
 -Automobile Corporation Of Goa have recommended a Final Dividend of
 Rs. 10.00/- per Equity Shares which together with interim Dividend of
 Rs. 2.50/- per Equity Share.
 
 2014
 -Automobile Corporation Of Goa has recommended a Final Dividend of
 Rs. 12.50/- per Equity Share which together with interim Dividend of
 Rs. 2.50/- per Equity Share.