The company was originally incorporated on February 22, 2007 as a private limited company under the Companies Act, 1956 in the state of Maharashtra as ‘Maxtech Victora India Private Limited’ vide Certificate of Incorporation issued by the Registrar of Companies, Maharashtra. Subsequently, the name of the Company was changed to ‘Maxtech Sintered Product Private Limited’ vide fresh Certificate of Incorporation Consequent Upon Change of Name dated June 15, 2007 issued by Registrar of Companies, Maharashtra. Pursuant to a special resolution passed by the shareholders of the Company at the extra-ordinary general meeting held on April 3, 2012, the name of the Company was further changed to ‘Sintercom India Private Limited’ and a Fresh Certificate of Incorporation Consequent Upon Change of Name dated April 26, 2012 was issued by Registrar of Companies, Maharashtra. Thereafter, the shareholders of the Company have vide special resolution passed at the extra-ordinary general meeting held on November 2, 2017, approved the conversion of the Company from private limited company to a public limited company and vide Fresh Certificate of Incorporation Consequent upon Conversion from Private Company to Public Company dated November 16, 2017 issued by the Registrar of Companies, Maharashtra and the name of the Company was changed to ‘Sintercom India Limited’.
Business area of the company:
The company is engaged in the business of manufacturing sintered metal automotive components of engines, transmissions systems, body chassis and exhaust applications using sintering manufacturing processes. The products manufactured by the company are used in the commercial and passenger vehicles. The main product line of the Company is manufacturing of high strength structural sintered components of Engine and Transmissions. The company mainly caters to the domestic Original Equipment manufacturers (OEM) buyers like Maruti Suzuki Limited, Mahindra & Mahindra Limited, Bajaj Auto Limited and Fiat India Automobiles Private Limited in automotive segment. Company has an in-house dedicated Research & Development team. Company has been developing new products in engines, transmission systems and body chasis for OEMs and Tier-1 customers.
Key Events and Milestones:
- 2007: Incorporation of Company with the name Maxtech Victora India Private Limited
- 2007: Change of name of Company from ‘Maxtech Victora India Private Limited’ to ‘Maxtech Sintered Product Private Limited’ pursuant to entering into a Joint Venture Agreement dated July 15, 2007 by and between BRN Industries Limited and M/s Maxtech Manufacturing Inc.
- 2008: Maxtech Manufacturing Inc. made an investment in Company vide Joint Venture Agreement dated July 15, 2007.
- 2009: Commencement of commercial production from August 1, 2009.
- 2011: Miba Sinter Holding made an investment in the Company vide Share Subscription Agreement dated January 19, 2011 and Shareholders’ Agreement dated January 19, 2011.
- 2012: Change of name of Company from ‘Maxtech Sintered Product Private Limited’ to ‘Sintercom India Private Limited’ pursuant to exiting of Maxtech Manufacturing Inc. from the Company by selling its entire shareholding to Maurill Industries Limited on April 3, 2010.
- 2015: Received Certificate of Appreciation from Maruti Suzuki India Limited for superior performance in the field of Design and Development
- 2016: Received ISO/TS 16949:2009 from Deutsch Quality Systems in respect of manufacture of sintered metal products, machining and assembly of metal components.
- 2016: Received Certificate of Appreciation from Bajaj Auto Limited and Winner of MD’s Trophy - 15th Manager Kaizen Competition for development of a low cost teeth finishing operation (Sinter Sizing)
- 2017: Conversion from private company into a public company and renamed as Sintercom India Limited.