Jupiter Wagons Ltd.

The  Company  was  incorporated  as  a  private  limited  company 
 with  the  name  Commercial  Engineers  &  Body 
 Builders Co Private Limited on September 28, 1979.  It  commenced
 business  in 1979.  Its name was  changed  to 
 Commercial Engineers & Body Builders Co Limited on March 25, 2010,
 reflecting the change in the constitution 
 of  the Company  from  a  private  limited  company  to  a  public 
 limited  company  under  the Companies Act,  1956, 
 pursuant  to  a  special  resolution of  the  shareholders of  the
 Company  at  an  extraordinary  general meeting held on 
 March 18, 2010.  The fresh certificate of incorporation consequent
 upon the change of name was granted on March 
 25, 2010 by the RoC.  
  
 Major Events: 
 
 Date                                                                 
 Event 
 
 January 29, 1996 
 The Company executes an agreement with Madhya Pradesh Windfarm
 Limited for the                                                      
  setting up of a single wind electricity generating unit. 
 
 October 2005
 
 Mr. Ajay Gupta joins the Company as an Additional Director. 
 
 2005-2006
 
 (i) The Company commenced commercial production at the Mandla
 Factory, then leased 
  from Kailash Auto Builders. 
 
 (ii) The Company entered  into  a Technical Know-How Agreement with 
 a Thai company 
 called Cho Thavee Dollasien Co. Ltd. for the production of heavy
 vehicles such as tippers, 
  umpers and trailers under the combined trademark CTVCEBBCO. For
 further details as 
  to  this agreement,  refer  to Strategic Alliances  in  this Section
 of  the Draft Red Herring 
 prospectus. 
 
 August 1, 2007
 
 NYLIM,  a  private  equity  fund,  invested  in  the  Company 
 pursuant  to  the  NYLIM  SHA 
 under which the Company allotted 3,000 mandatorily convertible
 Preference Shares of face 
  value of Rs. 100  each  at  a premium of Rs. 99,900  to NYLIM. The 
 funds were used  for 
 expansion of the Company’s Richhai Factory I and Mandla Factory and 
 the establishment 
 of new  factories. These Preference Shares were subsequently 
 converted  to Equity Shares 
 (see below in the entry against December 25, 2007). 
 
 September 1, 2007
 
 The  shareholders of  the Company  in EGM passed  a  resolution 
 approving  the Scheme of 
 De-Merger in draft form proposed to be presented before the BIFR (see
 below in the entry 
 against August 18, 2008).  
 
 December 25, 2007  
 
 Pursuant to the NYLIM SHA the Company allotted 142,789 Equity Shares
 at a premium of 
 Rs.  2001  each  to  NYLIM  upon  conversion  of  the  3,000 
 Preference  Shares  allotted  to 
 NYLIM on August 1, 2007.  
 
 August 18, 2008
 
 BIFR sanctioned the Scheme of De-Merger pursuant to which the Mandla
 Factory was de-
 merged  from Kailash Auto Builders  Private  Limited  and 
 transferred  to  the Company  in 
 exchange for 11,835 Equity Shares to be allotted to shareholders of
 Kailash Auto Builders 
 Private Limited, further details of the Scheme of De-Merger are
 provided further below in 
 this section of the Draft Red Herring Prospectus. 
 
 2007-2008
 
 The Company began expansion and modernization of the Richhai Factory
 I and the Mandla 
 Factory. 
 
 2008 
 
 The Company won  the  Best Medium Enterprise of  the Year, 2008 
 awarded by Dun & 
 Bradstreet in association with Fullerton India. 
 
 The  Company  was  awarded  the  Excellence  Award,  2008  in  the 
 Small  and  Medium 
 Enterprises  Category  by  Corporation  Bank  under  the  Corp  Exel 
 Awards  instituted  by 
 coration Bank for small and medium enterprises.    
  
 November 2008
 
 (i) The Company commenced commercial production at the Indore
 Factory. 
 (ii)  The  Company  received  its  first  order  for  supply  of 
 trailers  from  Asia MotorWorks 
  Limited. 
 
 2008-2009
 
 (i) The Company commenced activities in the railways division.  
 (ii) The Company commissioned robotic welding lines at Richhai
 Factory I. 
 (iii)  The  Company  was  accorded  ISO/TS  16949:2002  accreditation
  by  TUV  SUD 
 Management Service GmbH.  
 
 December 12, 2008
 
 The Company obtained its first purchase order from the Indian
 Railways for supply of 290 
 Side- Walls and End- Walls. 
 
 December 16, 2008
 
 The  Scheme  of De-Merger was  filed with  the RoC  and  came  into 
 effect  retrospectively 
 from March 31, 2007.  
 
 
 February 6, 2009
 
 The  Company  received  its  first  order  for  supply  of 
 refrigerated  containers  from  Hino 
 Motors Sales India Private Limited, a group company of the Toyota
 Group. 
 
 March 2009
 
 The Company commenced commercial production at Richhai  Factory II. 
 
 April 20, 2009
 
 The Company received a purchase order for supply of ‘long hood
 structures’  from Diesel 
 Locomotive Works. 
 
 
 May 27, 2009
 
 The Company entered into a Technical Know-How Agreement with a French
 company by 
 the name of Le Capitaine for the manufacture of vehicles fitted with
 refrigerated bodies and 
 refrigerated  containers.  For  further  details  as  to  the  Le 
 Capitaine  Agreement,  refer  to 
 Strategic Alliances in this section of the Draft Red Herring
 Prospectus.  
 
 August 10, 2009
 
 The  Company  obtained  an  order  from  the  Indian  Railways  for 
 the  upgradation  of  250 
 BOXN wagons. 
 
 
 September 2, 2009
 
 The Company obtained an order  from  the  Indian Railways  for supply
 of 200 Side- Walls 
 and End- Walls. 
 
 September 23, 2009
 
 The  Company  obtained  performance  certificate  from  Wagon  Repair
  Shop,  Kota  for 
 successfully  supplying  Side- Walls,  End- Walls  within  the  due 
 date  of  delivery  and  in 
 accordance with specifications.. 
 
 September 28, 2009
 
 The Company entered  into  the Joint Project Agreement with Mithila
 Motors for operation 
  of  the Jamshedpur Factory. For  further details as  to  the Joint
 Project Agreement,  refer  to 
 Strategic Alliances in this Section of the Draft Red Herring
 Prospectus. 
 
 November 6, 2009
 
 
 (i) The Company obtained an order  from  the  Indian Railways  for 
 the upgradation of 200 
 BOXN wagons. 
 
 (ii) The Company has entered  into a power purchase and wheeling
 agreement with M. P. 
  Power  Trading  Co.  Ltd.  and M.  P. Wind  Farms  Limited  for 
 captive  use  of  the  energy 
 generated   from  its wind electricity generating unit of 225 KW
 located at No. 35, Village 
 Jamgodrani, District Dewas. 
 
 December 2009
 
 The Company commenced commercial production at the Jamshedpur
 Factory. 
 
 The Company set up a  refrigerated van manufacturing  facility at 
 the Richhai Factory 
  II, which is currently under trial run. 
 
 The Company  received  approval  for  its Quality Assurance Plan 
 from  the RDSO  for 
  fabrication of End -Walls, Side-Walls and flap doors of BOXNR
 Wagons.  
 
 December 4, 2009
 
 Integral Coach Factory assesses the Company and finds that it
 possesses                                                            
                                         adequate facilities in terms
 of machinery and man power to manufacture and supply the following
 items: 
 (i)  LHB Side-Wall and roof assemblies to ICF MD Spec-200 Rev. - 02;
 
 (ii)  car line pillars. 
 
 The  Company  appoints Mr.  Pradeep  Gupta,  who  has  over  30   
 years  of  experience  in 
 project  management,  manufacturing,  marketing,  product 
 engineering,  quality  assurance, 
 vendor development and export execution  in the Railway  industry, 
 to head  its business  in 
  the railways division. 
 
 January 18, 2010  
 
 Company  received  its  first  order  for  supply  of  tippers  from
 Man  Force  Trucks  Private 
 Limited.
 
 February 15, 2010 
 
 Company’s  Quality  Management  System’s  compliance  with  ISO 
 9001:2008  standards
 certified by Moody International Certification Limited. 
 
 March 2010
 
 Company  nominated  for  the  award  of 'Truck  Application  Builder'
 of  the  year  by  CV
 Magazine.
 
 2011
 
 -Commercial Engineers & Body Builders Co Ltd has acquired shares by
 Jashn Beneficiary Trust.
 
 -Company has started commercial production / operation at its Deori
 Plant
 
 -Company has entered into an MOU with the Disaster Response Solution
 (DRS), Inc., an Ohio Corporation 
 
 2012
 
 -Company has received an order from Tata Motors Limited to supply of
 four number of refrigerated vans
 
 -Intiomation regarding MOU with 'Stone Intermodal Private Limited'   
   
 
 2013
 -CEBBCO appoints Deepak Tiwary as CEO.
 
 
 2022
 -Commercial Engineers & Body Builders Co Limited amalgamated with
 Jupiter Wagons Ltd.
 -Company name changed to Jupiter Wagons Ltd. from Commercial
 Engineers & Body Builders Co Ltd.
 
 
 2023
 -Jupiter Wagon Acquired Stone India Limited vide Order of Honble NCLT
 Bench Kolkata.
 -Jupiter Electric Mobility subsidiary of Jupiter Wagons Ltd. launched
 two CEVs at the Auto Expo 2023.