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Renowned Auto Products Mfrs Ltd.

BSE: 505167 Sector: Auto
NSE: N.A. ISIN Code: N.A.
BSE 05:30 | 01 Jan Renowned Auto Products Mfrs Ltd
NSE 05:30 | 01 Jan Renowned Auto Products Mfrs Ltd

Renowned Auto Products Mfrs Ltd. (RENOWNEDAUTO) - Company History

Renowned Auto Products Mfrs. Ltd(RAPML), is engaged in the business of manufacture and sale of ride control products(Shock absorbers and struts) for automobiles. RAPML which was incorporated in 1977 in Tamilnadu as a private limited company turned public limited company on May 18, 1981 has fallen under the purview of BIFR in Jan 1989. As part of rehabilitation schem India Meters along with its associate Hydraulics Ltd has taken over the company as a one time settlement basis and RAPML has became the subsidiary of Hydraulics Ltd. Subsequently Hydraulics Ltd has increased its stake in the company to 97.03%