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Aditya Birla Money Limited
Symbol : IGARASHI | BSE Code : 517380 | Sector : ELECTRIC EQUIPMENT
Market Cap (₹ Cr.)
Turnover (₹ Cr.)
14/05/2025 BSE 9.30(1.97)Close Price: ₹ 481.30 Volume: 3,218.00
14/05/2025 BSE 32.65(7.43)Close Price: ₹ 472.00 Volume: 1,049.00
14/05/2025 BSE -8.95(-2.00)Close Price: ₹ 439.35 Volume: 1,792.00
14/05/2025 BSE -6.25(-1.37)Close Price: ₹ 448.30 Volume: 1,213.00
14/05/2025 BSE 5.70(1.27)Close Price: ₹ 454.55 Volume: 1,106.00
No Data Available
Igarashi Motors India Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Igarashi Motors India Ltd - Igarashi Motors India Limited - Disclosure under SEBI Takeover Regulations
In Cr.
Igarashi Motors India Limited incorporated in January, 1992 is primarily engaged in the manufacture of micro motors and its accessories mainly for the automotive sector. The company came out with a Rs 2.77-cr public issue in Jan.'94 to part-finance a 100% EOU to manufacture permanent magnet DC micro motors. Total project cost was at Rs 10 cr. During 1997-98, the company has expanded capacity of Rotors by 1.5 million nos there by taking the capacity to 3.5 million nos and then to 6 million nos in 1998-99. The company was certified QS 9000 in November 1998 and the Quality System has been upgraded to conform to the latest edition of QS 9000 with effect from January 2000. During 2002-03 Crompton Greaves Limited have divested their holding in favour of Igarashi Electric Works. Since Igarashi Electric Works(HK) ltd have acquired 30,99,993 equity shares of CG Capital & Investments Ltd, the Board has decided to change the name of the company and the Registrar have approved 'Igarashi Motors India Limited' as the new name.The company is examining the possibility of spinning off its non motor business into a focused JV with Igarshi Electric Works, Japan.During the year 2007-08, Company had promoted a Joint Venture viz., Bosch Electrical Drives India Private Limited in India along with Robert Bosch GmbH, Germany for developing, manufacturing and selling DC Motors and Systems for Wiper, HVAC, Engine Cooling and Window lift applications for the fast growing Indian automotive market. It divested investments in Agile Electric Technologies Pvt. Ltd. (Formerly Igarashi Technologies Pvt. Ltd.), Igarashi Electric India Pvt. Ltd. and 26% of investment in Agile Electric Sub Assembly Pvt. Ltd. (Formerly Igarashi Brush Cards Pvt. Ltd.). It invested an additional amount of Rs.5 crores in the Joint Venture with Bosch Electrical Drives India Pvt.Ltd. in 2008-09. During the year 2013-14, Agile Electric Sub Assembly Private Limited along with Blackstone Capital Partners