 

Fiscal

2020 .
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2021 .

Details

Received “Annual Commodity Award in casting and forging for automotive division” by Mahindra
& Mahindra in recognition of superior performance for Fiscal 2018

Received “Suppliers Excellence Award for New Product Development” from Faiveley Transport
Received “Award for Quality” from Tata Motors at Annual Supplier Conference 2018
Received “Certificate of Appreciation” from Ashok Leyland for persistent efforts in maintaining
higher levels of capability and performance for two consecutive quarters
Received “Award for Best Quality” from Escorts group at Suppliers Meet 2018
Received “Recognition of Supply Chain Partnership” by Royal Enfield at Supplier Meet 2018
Received “Certificate of Appreciation” for persistent efforts in maintaining higher levels of
capability and performance and being in Quad A for quarter 2 of Fiscal 2019 by Ashok Leyland
Received “Certificate of Appreciation” for persistent efforts in maintaining higher levels of
capability and performance and being in Quad A for quarter 3 of Fiscal 2019 by Ashok Leyland
Received “Certificate of Excellence in Partnership” from Daimler India Commercial Vehicles
Private Limited
Received “Best Product Development Performance - Furio” at Mahindra Supplier Excellence
Awards
Received “Best Product Development Performance - Marazzo” at Mahindra Supplier Excellence
Awards
Received “Quality Excellence Award” at TATA Motors Annual Supplier Conference 2019
Received “Quality Excellence Award” at GE India Supplier Conference
Received “Annual Supplier Conference Award” by JCB
Received the status of “Self-Certified Supplier” for the cover rocker component being supplied to
Mitsubishi Heavy Industries — VST Diesel Engines Private Limited for the period between April 1,
2019 to March 31, 2020
Received recognition award from the Principal Commissioner of GST & Central Excise Coimbatore
Received “Star Performer for 2017-18” for miscellaneous transport equipment and parts (large
enterprise) from Engineering Export Promotion Council of India
Received “Certificate of Appreciation” from Siemens for zero defect quality culture and
qualification for “Gold” category for performance in Fiscal 2020

 

 

 

Time/cost overrun

Except as disclosed in “Risk Factors — Delay in schedule of implementation may subject us to risks related to
time and cost overrun which may have an adverse effect on our business, results of operations and financial
condition.” and “Risk Factors - Some of our manufacturing facilities are operated on industrial land allotted
to us by industrial development corporations. Failure to comply with the conditions of use of such land could
result in an adverse impact on our business and financial condition.” on pages 39 and 40, respectively, as on
the date of this Prospectus, there have been no time/cost overruns in setting up our projects.

Defaults, rescheduling or restructuring of borrowings with financial institutions/banks

As on the date of this Prospectus, there has been no default, rescheduling or restructuring of borrowings with
financial institutions or banks.

Significant strategic and financial partnerships

As on the date of this Prospectus, our Company does not have any significant strategic or financial partners.

Capacity/facility creation, location of plants

For details regarding capacity/facility creation and location of the plants of our Company, see “Business” and “-
Major events in the history of our Company” on pages 168 and 196, respectively.

Launch of key products or services, entry into new geographies or exit from existing markets

For details of key products or services launched by our Company, entry into new geographies or exit from existing
markets, see “Business” and “- Major events in the history of our Company” on pages 168 and 196, respectively.

197
