The company was incorporated as ‘Pritika Engineering Components Private Limited’ as a private limited company under the Companies Act, 2013 with the Registrar of Companies, Chandigarh dated February 20, 2018 at its registered office situated at Plot No.C-94, Phase-VII Industrial Focal Point, S.A.S Nagar, Mohali, Punjab. Pursuant to a special resolution of its Shareholders passed in the extra-ordinary general meeting held on April 16, 2022, the Company was converted from a private limited company to public limited company and consequently, the name of the Company was changed to ‘Pritika Engineering Components Limited’, and a fresh certificate of incorporation dated April 21, 2022 was issued to the Company by the Registrar of Companies, Chandigarh.
The company caters to the tractor industry in the automotive sector with major dependency on Original Equipment Manufacturers. It supplies its product directly to OEM and through its promoter company Pritika Auto Industries and group company Pritika Industries. The company manufactures various Tractors & Automobile components like End Cover, Cover Sealed Brake, Differential Case, Cover Hydraulic Lift, Cover Transcase, Front Wheel hub, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing & Front Engine Supports etc.
Business area of the company
The company is engaged in the business of manufacturing of precision machined components primarily for the automotive industry, especially for tractors, trucks, and other commercial vehicles, etc.
Major Events and Milestones
- 2018: The company was incorporated as a private limited company under the name Pritika Engineering Components Private Limited.
- 2021: The company has increased Installed capacity from 9600 MT to 12000 MT.
- 2022: The company was converted from a private limited company to a public limited company and its name was changed to Pritika Engineering Components Limited.
- 2022: The company has subscribed in the shares of Meeta Castings Limited (MCL), MCL being the wholly owned subsidiary of the company.