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History of Swaraj Mazda Ltd.

The Comp. was incorporated on 26th July, 1983 under the name Swaraj Vehicles limited & changed to the present name on 27th November, 1984.

The Comp. has been promoted by Punjab Tractors Ltd., in technical collaboration with Mazda Motor Corporation, Japan & Sumitomo Corporation, Japan.

The trial production was commenced in April 1985 & Commercial production by third quarter of 1985.

The main object of Comp. is to manufacture light commercial vehicles.

The factory is located at village Asron, Dist. Hosiarpur, Punjab.

1995

-Board for Industrial & Financial Reconstruction [BIFRs] prepares a restructuring package at a cost of Rs. 7.8 crore

1999

-The share department & office has been shifted to SCO:204-205 Sector 34-A Chandigarh - 160 022.

2001

-Cholamandalam Investment and Finance Comp. Ltd [CIFCLs], part of Chennai-based Murugappa group, has entered into a strategic alliance with commercial vehicle major Swaraj Mazda Ltd [SMLs] for offering financial support to dealers & customers of Swaraj Mazda

2003

-Received an intimation from HDFC Mutual Fund regarding the change in shareholding in the Comp. of their schemes.

2007

- Swaraj Mazda Ltd has appointed Mr. K Nakajima as Whole-time Director of Comp. for a five year tenure with effect from February 01, 2007.