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History of Amzel Automotive Ltd.

YEAR EVENTS 1979 - The Comp. was incorporated on 31st March, at Mumbai. The main object of Comp. is trading particularly as wholesale dealers in Exid batteries, non-ferrous metal, sulphuric acid and chemicals, export of hand bags, leather bags, leather goods and fancy articles. The Comp. was promoted by F.A. Fazelbhoy and Saleem Fazelbhoy.

- 154 shares subscribed for by signatories to the Memorandum of Association. 49,846 shares issued at par through a prospectors: 19,846 shares reserved for & allotted to directors, etc. and 30,000 shares offered for public subscription during September - October 1979.

1983 - 50,000 bonus shares issued in prop. 1:1.

1986 - 1,00,000 bonus shares issued in prop. 1:1.

1990 - 2,00,000 bonus shares issued in prop. 1:1.

1991 - 2,00,000 bonus shares issued in prop. 1:2.