LUMAX AUTO TECH Share price

History and Certain Corporate MattersHistoryWe were incorporated on October 30 1981 as Lumax Auto-Electricals Private Limited under the Companies Act 1956 with Registration No. 25519/TA. The name of the Company was changed to Dhanesh Auto Electricals Private Limited on November 02 1988. Subsequently it was converted into public limited company as "Dhanesh Auto Electricals Limited" the Registrar of Companies Pune Maharashtra had issued a fresh certificate of incorporation on May 30 2002.On August 02 2006 the name of the company was changed to Lumax Auto Technologies Limited. With a view to achieve better management practices and improve investor perception the management has consolidated the business of LATL and LDK through a share swap so that LDK becomes a 100% subsidiary of LATL on January 31 2006.Major Events in History of the CompanyYear Major Events1981 A Private Limited Company was established in the name of Lumax Auto Electricals Private Limited to manufacture and supply automotive components at Bhosari.1988 Second Unit was started at Waluj Aurangabad for supplying auto parts to Bajaj Auto Ltd. - Aurangabad.Name changed from Lumax Auto Electricals Private Limited to Dhanesh Auto Electricals Private Limited.1993 R & D centre established at Chinchwad Pune to cater to the development requirement for the new business.1995 Third Unit started at Chakan Pune for further major diversification for manufacturing of exhaust systems and fuel tanks for two wheelers1997 Fourth Unit started at Waluj Aurangabad for the production of motorcycle chassis for Bajaj Auto Limited.1998 Our Company became deemed Public Limited and name changed to Dhanesh Auto Electricals Limited.2000 Bajaj Auto Limited selected the company as a cluster member for T.P.M. Activities. 2002 Started lighting Division at Chakan2004 Received ISO Certificate for Chakan Unit.2005 Received ISO Certificate for Bhosari Unit.2006 LDK became our 100% subsidiary.Name of the Company was changed to LATL