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History of Siemens VDO Automotive Ltd.

The Comp. was incorporated on 19th August 1958 at Bangalore. It manufactures automobile dashboard instruments such as speedometers, ammeters, temperature gauges, oil pressure gauges battery conditions indicators, hour cum RPM flexible drive shaft cables, dashboard switches, garage equipments & telephone dials. The products are marketed under brand name of `YENKAY'. The Comp. also manufactures instruments for tractors industrial and agricultural applications techographs for roadways. A technical & financial collaborator of Comp. is VDO Tachometer Werke, West Germany, [VDOs]. It also diversified into the field of instruments for application in the machine tools industry. A measure diversifications of undertook to manufacture ticket issuing instruments in technical collaborator with Ticket Equipment Ltd U K. During 1989-90 Comp. had suffered from losses because of labour problems.

2000 - The Comp. has offered to issue & allot up to 2,335,776 fully paid up equity shares of Rs 10 each to Mannesmann VDO AG on a preferential allotment basis at a price of Rs 68.50 per share.