Mahindra Composites . Ltd.

The Company was incorporated on 18th August , 1982 and obtained a
 certificate of commencement of business from the registrar of
 Companies, Maharashtra at Bombay on 14th January 1983.  The company
 is a joint sector Co. promoted by Roplas (India) Ltd. & SICOM.
 
 The main object of the Company consisted of a project to cater to
 innovative applications in the Automotive Electrical and consumer
 durables segments of Industry. The progress, however, has been slow,
 resulting in low sales and therefore smaller output than anticipated.
 The problem was aggravated by the absence of easy access to tool room
 facilities, essential for quick development and supplies of SMC
 components.
 
 The technical collaborator for this project of the Co. is Menzolit
 GmbH, West Germany.
 
 2005
 
 -The company has recommended dividend @15%
 
 2007
 
 - Company name has been changed from Siro Plast Ltd to Mahindra
 Composites Ltd.
 
 -The company has designated E-mail ID for Investor Complaints: 
 bannur.neeta@mahindracomposites.com
 
 2008
 
 -The company has recommended dividend @ 10%
 
 2011
 
 -The company has recommended dividend @ 20%
 
 2013
 -Companies Act, 1956, involving merger of Mahindra Composites Limited
 with Mahindra Forgings Limited.
 
 2014
 -Amalgamation between Mahindra Composites Limited (referred as
 Transferor Company) and Mahindra CIE Automotive Limited (Transferee
 Company).