Remsons Industries Reports 30% Revenue Growth in Q1, Secures Major Stellantis Contract Aug 14, 2025
Remsons Industries Reports Mixed Q1 Results with Strong Consolidated Growth Despite Standalone Revenue Decline Aug 11, 2025
Remsons Industries: Revised Astro Motors Acquisition, New Order from German OEM, and Subsidiary's EGR Sensor Contract Aug 04, 2025
Remsons Industries Seeks Shareholder Approval for Rahul Kejriwal's Reappointment as Whole Time Director Jul 30, 2025
More news about Remsons Industries
30Jul 25
Remsons Industries Seeks Shareholder Approval for Rahul Kejriwal's Reappointment as Whole Time Director
Remsons Industries Limited, an automotive components OEM, has initiated a postal ballot for shareholder approval to reappoint Rahul Kejriwal as Whole Time Director for five years from June 1, 2025, to May 31, 2030. The proposed remuneration is Rs. 65.28 lakh per annum, up from his previous Rs. 61.15 lakh. Kejriwal, 46, has been with the company for over two decades, contributing significantly to production, marketing, exports, and business restructuring. He holds 15,81,430 equity shares and is the son of the company's Chairman & Managing Director and Whole Time Director. E-voting for shareholders is scheduled from July 31 to August 29, 2025, with results to be announced on August 30, 2025.
30Jun 25
Remsons Industries Expands Global Reach with Brazilian Technical License Agreement
Remsons Industries has signed a strategic technical license agreement with Ausus Automotive Systems Do Brasil Ltda. The agreement involves technology transfer to support local Original Equipment Manufacturers (OEMs) in Brazil, marking Remsons' entry into one of South America's largest automotive markets. This move is expected to enhance Remsons' global presence, potentially open new revenue streams, and contribute to the development of Brazil's automotive industry.
27Jun 25
Remsons Industries Expands Global Reach with Brazilian Technical License Agreement
Remsons Industries has entered into a technical license agreement with Ausus Automotive Systems in Brazil. The collaboration aims to share Remsons' technology with Ausus to support local Original Equipment Manufacturers (OEMs) in Brazil. This strategic move allows Remsons to expand its global footprint and tap into the South American automotive market. The partnership is expected to provide Remsons with market penetration opportunities, potential new revenue streams, and an enhanced global presence in the automotive components industry.
27Jun 25
Remsons Industries Secures Major Order Worth ₹800 Million
Remsons Industries has secured a significant order worth ₹800 million (₹80 crore). While specific details about the order's nature and scope are not disclosed, the substantial value could potentially impact the company's revenue positively. Further information about the project timeline, sector, and impact on production capacity is awaited to fully assess its significance for the company's growth and future performance.
Remsons Industries has won a new order worth ₹12.00 crore, expected to contribute approximately 10% to its quarterly turnover. The order has a quick execution timeline, showcasing the company's operational efficiency. This significant project could enhance Remsons Industries' financial performance and potentially strengthen its market position in the industrial sector.
26May 25
Remsons Industries Expands into Railway Sector with New Manufacturing Facility
Remsons Industries, an automotive components manufacturer, has inaugurated a new state-of-the-art facility to produce components for locomotive applications. This strategic move marks the company's entry into the railway sector, diversifying its portfolio beyond automotive. The facility is equipped with advanced technology to meet the quality and safety standards of the locomotive industry. While specific details about capacity and product range are undisclosed, this expansion is expected to open new revenue streams, reduce dependence on the automotive sector, and potentially enhance the company's market presence in the broader transportation industry.
21May 25
Remsons Industries Reports 31% Revenue Surge in Q4
Remsons Industries, an automotive components manufacturer, has reported a significant increase in quarterly revenue. The company's revenue rose to ₹106.00 crore, up 31% from ₹81.00 crore in the same quarter last year. This growth is attributed to potential factors such as increased automotive sector demand, a diverse product portfolio, and improved operational efficiency. The performance indicates resilience in a competitive market and may signal broader recovery trends in the automotive component industry.
15May 25
Remsons Industries Secures ₹300+ Crore Orders from Stellantis for Smart Car Components
Remsons Industries Ltd has received multiple orders worth over ₹300 crore from Stellantis N.V., North America, for supplying control cables for smart cars, Jeep models, and three-wheelers. The contract will be executed over seven years, with deliveries starting from the next financial year. This order, equivalent to about 70% of Remsons' current market capitalization, marks one of the largest in the company's history and signals potential growth in revenue and profitability.
09Apr 25
Remsons Industries to Acquire 51.01% Stake in Astro Motors, Expanding into Electric Vehicle Sector
Remsons Industries Limited is set to acquire a 51.01% stake in Astro Motors Private Limited, an electric vehicle manufacturer, for approximately Rs. 14.22 crore. The acquisition involves a cash investment of Rs. 10 crore and a share swap. Remsons will issue 3,19,994 new equity shares to Astro Motors' promoters. The deal, expected to close by June 30, 2025, marks Remsons' entry into the EV manufacturing sector and does not require regulatory approvals. Astro Motors, founded in 2020, specializes in electric vehicles for cargo, loaders, passengers, and micro-mobility applications.
04Mar 25
Remsons Industries Board to Consider Fundraising Options in Upcoming Meeting
Remsons Industries Limited has announced that its board will meet at a later date to discuss potential fundraising options. The board previously considered a proposal for raising funds through various means, including new equity shares, other eligible securities, and convertible warrants, during a meeting on February 7, 2025. The final decision has been deferred for a more comprehensive assessment of the company's needs and market conditions. This move signals potential expansion or financial strengthening for the company.