Amforge Industries Ltd.

Profile

The Makar family, for manufacture of Steel Forgings, incorporated Hakimrai Jaichand Forgings Private Limited ( “the Company” ) on 21st April 1971, under the Companies Act, 1956. Thereafter, in December 1985, the Company's name was changed to Amforge Industries Private Limited, and then on 9th December 1985, the name was changed to AMFORGE INDUSTRIES LIMITED.
In 1986, the Company went Public. Initially, the Equity Shares of the Company were listed on Mumbai, Delhi and Ahmedabad Stock Exchanges. Presently, the Equity shares are listed only on Bombay Stock Exchange (BSE Limited) after voluntarily delisting from Ahmedabad and Delhi Stock Exchanges. Thereafter, the Company continued with its manufacturing activities of steel forgings for two wheeler Crankshafts, Connecting Rods, Bevel Gears, Bridge Fork Bottoms, etc. at its Chinchwad plant (Pune) Forging Capital of India, catering to Automotive industry and thereafter the Plant ceased its operation in 2008.