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mahindra cie automotive ltd (MAHINDCIE) Details

Mahindra CIE Automotive Limited manufactures and sells forged and machined products for automotive, agriculture, railway, mining, construction and other industries in India, Germany, and the United Kingdom. The company focuses on the design, development, and machining of engine, steering, and chassis components, such as crankshafts, steering knuckles, stabilizer bars, gear blanks, front axle beams, levers, flanges, control arms, camshafts, connecting rods, pitman arms and piston rods, and other non-automotive products for passenger cars, multi-utility vehicles, light commercial vehicles, medium commercial vehicles and tractors, earthmoving, equipment, and railways. It also offers leaf spring saddle clamps, suspension links, control and drop arms, stabilizer bar assembly, spindles, radius arms, chain links, shackle plates, and engine mounting brackets. The company was formerly known as Mahindra Forgings Limited and changed its name to Mahindra CIE Automotive Limited in November 2013. CIE Automotive Limited was incorporated in 1999 and is based in Mumbai, India. Mahindra CIE Automotive Limited is a subsidiary of Participaciones Internacionales Autometal Dos, S. L.

Founded in 1999

mahindra cie automotive ltd (MAHINDCIE) Top Compensated Officers

Managing Director and Executive Director
Total Annual Compensation: 4.8M
Compensation as of Fiscal Year 2014.

mahindra cie automotive ltd (MAHINDCIE) Key Developments

Mahindra Forgings Limited Reports Unaudited Standalone Earnings Results for the First Quarter Ended June 30, 2014

Mahindra Forgings Limited reported unaudited standalone earnings results for the first quarter ended June 30, 2014. For the quarter, the company reported net sales of INR 889.220 million, profit from operations before other income, finance costs and exceptional items of INR 98.286 million, profit from ordinary activities before tax of INR 95.229 million and net profit of INR 65.408 million or INR 0.71 per basic and diluted share against net sales of INR 950.302 million, profit from operations before other income, finance costs and exceptional items of INR 70.932 million, profit from ordinary activities before tax of INR 97.260 million and net profit of INR 55.593 million or INR 0.60 per basic and diluted share for the same period a year ago.

Mahindra CIE Automotive Ltd Appoints Zhooben Bhiwandiwala as Additional Director

Mahindra CIE Automotive Ltd. announced that the Board of Directors of the company at its meeting held on July 29, 2014, has appointed Mr. Zhooben Bhiwandiwala as additional director pursuant to Section 161 of the Companies Act, 2013.

Mahindra CIE Automotive Limited to Report Q1, 2015 Results on Jul 29, 2014

Mahindra CIE Automotive Limited announced that they will report Q1, 2015 results on Jul 29, 2014


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