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Dividend rate lowered to 55% due profit and declined the Technical Assistance Agreement with Isuzu Motors signed in June. Aggregate vehicles sale crosses 100,000 in August. Construction of Buildings for vehicle expansion and new Bus Body Plant taken up in August. In June 2006, Swaraj Mazda entered a new technical agreement with Isuzu Motors, Japan.
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1994: Tractor Plant in Swaraj Combine Division, Chapar Chiri, having a capacity of 12000 tractors per annum. 1996: Expansion of Mohali plant to produce 30000 tractors per annum. 1997: Expansion of Chapar Chiri plant to produce 30000 tractors per annum. 1998: Introduction of Swaraj 922, Swaraj 722 and New Swaraj 855. 1999: Introduction of Swaraj ...
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Mahindra Tractors at a Showroom in 2012 near Chengalpattu in Tamil Nadu Mahindra 575 Di at sunset over a sugar cane field, Tamil Nadu, India. Mahindra Tractors is number one in sales in India - the largest tractor market in the world [11] - and it has been the market leader since 1983.
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In 1970, the Government of Punjab acquired the Swaraj tractor's design and established Punjab Tractors Limited (PTL). The tractors were produced and sold under the brand name of Swaraj. In 2007, Mahindra & Mahindra Ltd. acquired majority stake in PTL, and in Feb 2009, it was merged into M&M as the Swaraj Division of Mahindra & Mahindra.
Stock returns do not include dividends. All directors refers to people who sat on the board of at least one Fortune 100 company between 2008 and 2012. The Pay Pals project relies on financial research conducted by the Center for Economic Policy and Research. Sources: Google Finance, Yahoo Finance, Phillips 66 SEC filings .