Swaraj Engines Ltd.

1985

 - The company was
 incorporated on 24th September 1985, and obtained the Certificate of
 Business on 16th October, 1985.  It  manufactures &
 sells engines for application other than tractors. The company has
 been promoted jointly by Punjab Tractors Ltd. and  Kirloskar Oil
 Engines Ltd.

 - Kirloskar Oil Engines,
 Ltd. agreed to provide know-how, design  and documentation of
 products, process details, design of jigs,  fixtures and
 toolings etc. to the company for the manufacture of  diesel
 engines to be fitted in `SWARAJ' tractors manufactured by 
 Punjab Tractors Ltd.     

  - The company has set up plants for the
 manufacture of 16,000  Diesel Engines per annum. This project is
 based on Kirloskar  know-how & technology.  This is
 already in commercial  production.

1989 

- 70 shares
 subscribed for by the signatories to the memorandum of 
 associations.  17,99,930 shares than issued at par of which
 5,50,000 shares to Punjab Tractors Ltd. (PTL) and 3,60,000 shares to
 Kirloskar Oil Engines, Ltd. (KOEL) were reserved and allotted on a
 firm basis.  Out of the remaining 8,89,930 shares, 90,000 
 shares were offered to the employees (including Indian working 
  directors)/workers of the Company as also those of
 promoter
       Companies (All were
 taken up).  The balance 7,99,930 shares were offered for public
 subscription during July, 1989.  Additional 2,69,970 shares were
 allotted to retain oversubscription  (1,36,500 shares to PTL and
 KOEL, 1,19,900 shares to public and 13,570 shares to the
 employees).

1995 

- The Company undertook to expand its capacity to 42,000
 engines  p.a. and also expansion of its existing machining
 capacities for   hi-tech components like connecting rods
 and cylinder head to
 required levels.  In
 addition, new capacities were planned for some more hitech components
 like crank case, gear casing etc.

1996 

- 20,69,970 Bonus
 Equity shares issued in propn. 1:1.

2003

-Shares Acquired in the
 Open Offer

2005

-Swaraj Engines has given the Bonus in the Ratio of
 2:1

2008

-
 Swaraj Engines Ltd has informed that Shri. V S Parthasarathy has been
 co-opted as Additional Director of the Company w.e.f. January 22,
 2008.

2009

-
 Shri M. N. Kaushal has been co-opted as additional director of the
 Company 

-Swaraj Engines has
 recommended a dividend of Rs 5.00 per share

2010

-Swaraj Engines have
 recommended a dividend of Rs.8.00 per equity share Rs. 10/-
 each 

2011

-Swaraj Engines has recommended a dividend of Rs. 10.00
 per share 

2012

-Sh. Sudhir G. Mankad has been co-opted as Additional
 Director of the Company

-Swaraj Engines
 have recommended a dividend of Rs. 13.00 per share

2013

-Swaraj Engines Ltd has
 recommended an equity dividend of 130% (Rs. 13 per
 share).

2014

-Swaraj Engines Ltd has approved the appointment of Mr.
 S. Durgashankar, Mr. Dileep C. Choksi and Ms. Neera Saggi as
 Additional Directors of the Company.

2015

-54 BHP
 Engine Launched in 2015