| The Company was incorporated as G N A Axles Limited on September 6, 1993, at Jalandhar, as a public limited company under the Companies Act, 1956. The Company obtained a certificate of commencement of business on April 5, 1994. As of the date of this Red Herring Prospectus, the Company has 10 shareholders. Major events and milestones of the Company The table below sets forth the key events in the history of the Company: 1994 -Company obtained certificate for commencement of business 1995 -Company started supply of fully finished and ready to assemble mechanised axle shafts to OEMs, such as Mahindra & Mahindra Limited 2002-2003 -Started exports to USA and Europe 2004 -Installed 13 Upsetter with new heat treatment shop 2007 -Commissioned 66 kVA dedicated electricity supply line for Unit I 2008 -Invested in forging technology for rear axle shafts with direct drive screw press supported by robots 2012 -Commissioned Unit II with facility for commercial vehicle axle shafts and spindles machining 2013 -Commissioned Lasco extrusion press supported by robots and electric heat treatment furnace at Unit II -Commissioned direct drive screw press for heavy axle shaft forgings supported by robots at Unit I 2015 -Commissioned 66 kVA dedicated electricity supply line for Unit II Certifications, awards and recognitions : 2009 -Commendable Performance Award at John Deere India Supplier Meet, 2010 -Best CRE Performance Award in farm equipment sector by Mahindra & Mahindra Limited 2010 -Best CRE Performance Award by Mahindra & Mahindra Limited -Recognition of Long Association by Tractors and Farm Equipment Limited -ÂSupplier Recognition Award in recognition of outstanding contribution to the AAM India team 2011 -Commendable Performance Award at John Deere India Supplier Meet, 2012 2012 -Best Supplier on VA/VE Award by Oerlikon Drive Systems 2013 -Long Association Award at Partners Meet, 2013 by Escorts Limited -Preferred Commodity Supplier by Automotive Axles Limited 2015 -Best Supplier Award by Tractors and Farm Equipment Limited -Best Quality Award by Escorts Agri Machinery 2016 -Certificate of excellence for outstanding performance in quality for the year 2015 awarded by Kubota Agricultural Machinery India Private Limited. 2017 -Company Has Bagged Commendable Performance Award, For India Business. 2021 -Company has bagged, Partner Level Performance Award in achieving excellence for the year 2020.  2023 -The Company has issued Bonus Shares in the Ratio of 1:1. |
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