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Harita Seating Systems Ltd.

BSE: 590043 | NSE: HARITASEAT |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE939D01015 | SECTOR: Auto Ancillaries

BSE Live

Aug 07, 16:00
368.30 -2.90 (-0.78%)
Volume
AVERAGE VOLUME
5-Day
296
10-Day
1,027
30-Day
1,585
58
  • Prev. Close

    371.20

  • Open Price

    368.25

  • Bid Price (Qty.)

    368.00 (5)

  • Offer Price (Qty.)

    385.00 (6)

NSE Live

Aug 07, 15:58
367.75 -2.90 (-0.78%)
Volume
AVERAGE VOLUME
5-Day
9,050
10-Day
6,676
30-Day
4,879
4,177
  • Prev. Close

    370.65

  • Open Price

    371.05

  • Bid Price (Qty.)

    367.75 (20)

  • Offer Price (Qty.)

    0.00 (0)

Company History - Harita Seating Systems
1986 - Company was incorporated as Harita Grammer Ltd through a joint
 venture with Grammer AG of Germany and promoted by Harlta group and
 Grammer Group.
 
 1989 - It commenced its commercial production.
            
 - It became the first company to launch foam-in-place technology in
 India in 1989.
 
 1990 - It was first company to launch tractor seats in India with
 foam-in-place technology. 
        
 1991 - Suspended driver seats for off road and commercial vehicles
 was launched.
             
 - Further company also launched car seats and MUV seats.
 
 1992 - It was the first company to launch deluxe bus passenger seats
 in India.
 
 1995 - Commenced production from its second plant in Ranjangaon near
 Pune.
 
 1996 - The company adopted cellular manufacturing techniques to
 improve productivity.
 
 1997 - Roloforms Polymer had merged its operations with Harita
 Grammer Ltd.
             
 - Company had launched a range of driver seats that were suitable for
 semi-arid climate conditions.
 
 1998 - It opened an R&D center.
 
 1999 - Company launched Millennium series of deluxe bus passenger
 seats with new features.
 
 - Company honoured with QS 9000 award in 1999 for quality management
 systems.
 
 2000 - 2X1 series of bus seats were launched by the company.
             
 - Honoured with QS9000 certification.
 
 2001 - It commenced direct exports (Direct exports - Decathlon
 started during 2002).
             
 - Company rewarded with ISO 14001 certification for environmental
 management.
 
 2002 - In 2002 company was renamed as Harita Seating Systems Limited
 after terminating its Joint Venture with Grammer AG
            
 -  The company entered into the railways segment for luxury passenger
 and driver seats.
 
 2003 - The company launched 'Innova' plastic seats for city buses for
 first time in India.
 
 2004 - New generation of suspension platform for driver seats was
 launched.
 
 - The company had been ranked 857th in the BS 1000 listing of top
 Indian companies in terms of sales in 2003-2004.
             
 - The company was rewarded with ISO/TS16949 certification.
 
 2005 - Harita Seating Systems Limited had crossed annual turnover of
 Rs. 1 billion. 
                         
 -It launched 'Elite' series of bus seat with new features.
  
 2007 - The board of directors had recommended bonus issue of shares
 to the shareholders in the ratio of one equity share of Rs 10/- each
 for every one- equity share of Rs 10/- each held by them by
 capitalizing an equivalent amount standing to the credit of the
 general reserve account of the company for approval of the
 shareholders.
 
 - On 13th September 2007, company had approved to increase the
 authorized share capital of the company from Rs 5,00,00,000 divided
 into 50,00,000 equity shares of Rs. 10 each to Rs. 10,00,00,000
 divided into 1,00,00,000 equity shares of Rs. 10 each.
 
 - The company had fixed 26th November 2007 as the record date for the
 purpose of issue of bonus shares.
 
 -The Company has issued Bonus Shares in the Ratio of 1:1.
 
 2008
 
 -Harita Seating Systems Ltd has appointed Mr. C N Prasad as an
 independent director, in his place, on the board effective the same
 date.
 
 
 2009
 
 - Ms N Iswarya Lakshmi, who is a member of the Institute of Company
 Secretaries of India has been appointed as the Company Secretary and
 Compliance Officer of the Company.
 
 - Mr. A G Giridharan has been appointed as President and Manager.
 
 
 2011
 
 - Mr. H Lakshmanan, Director has been re-appointed as Chairman of the
 Board.
 
 - Mr. Ram Natarajan has been appointed as an additional and
 independent director of the Company.
 
 
 2012
 
 -  L&T Komatsu best supplier award.
 
 - IMEA Gold Certificate of Merit award.
 
 2013
 
 -Harita Seating wins Tata Motor Long Association Award 2013.
 
 2014
 
 -A G Giridharan, President, who was appointed as Manager, has been
 re-designated as President and Chief Executive Officer (CEO).
 
 2015
 - TAFE Quality Award 2015.