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OVERVIEW OF THE ORGANIZATION

Established in 1981, Automotive Axles Limited (AAL) is a joint venture of Kalyani Group

and Meritor Inc., USA. With manufacturing facilities located at Mysore (Karnataka), the

company is currently the largest independent manufacturer of Rear Drive Axle

Assemblies in India. The company has also expanded its footprints in North India with its

plants at Pantnagar and Jamshedpur.

Established : April 21, 1981

Equity Share :

i. Meritor : 35.52%

ii. Kalyani : 35.52%

iii. Public : 28.96%

Land Size : 202,343.5 Sqm

Location : Mysore, India

Total Employees : 2000+

Manufacturing :
Mysore, Pantnagar, Jamshedpur
Plants

Over the years, AAL has developed an impressive domestic OEM clientele that includes Ashok

Leyland Over the past 30 years, it has successfully been manufacturing reliable & long-

life Medium & Heavy duty Drive axles, Front Steer axles, Non-Drive axles, Axles for

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Defence & Off-Highway applications and Drum & Disc Brakes. Recently it has forayed

into manufacturing of Light duty

, Tata Motors, Asia Motor Works, Daimler India, Volvo India, SML Isuzu Ltd., Volvo

Eicher Commercial Vehicles, Vehicle Factory-Jabalpur, BEML, MAN Trucks Pvt. Ltd.,

Mahindra Trucks & Buses, CAT, Escorts, TIL and Sonalika. AAL also exports axle parts to

USA, France, Italy, China, Brazil and Australia.

AUTOMOTIVE AXLES LTD OTHER BRANCHES IN INDIA -

AUTOMOTIVE AXLE BREAKLINE PLANT AUTOMOTIVE AXLE JHARKHAND

MYSORE

HISTORY OF AUTOMOTIVE AXLES PVT LTD

Automotive Axles Limited was promoted as a joint venture in

1981, between the Kalyani Group and Rockwell International
Corporation, U.S.A. with the object of setting up a plant
at Hootagalli in Mysore, Karnataka, to manufacture 20,000
sets per annum of all types of complete automotive axles
and axle assemblies, including components thereof and
corresponding brake sets. Commercial production commenced
on July 1, 1984.

This delay in commencement of commercial production was due

to the following factors:

1. time taken for obtaining the approvals for products from

OE customers

2. delay in obtaining clearance for import of certain

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critical equipment

3. time taken for development of certain critical forgings

and training manpower to achieve requisite skill levels

The Plant was set up at a cost of Rs. 303 million, which

was financed through term loans of Rs. 218.3 million, an
Equity issue of Rs. 82.5 million and the balance was
financed out of Central subsidies (Rs. 1.5 million) and
deferred credit (Rs. 0.7 million). The Company entered the
capital market with an issue of 16,50,000 Equity Shares at
par in July, 1983 and the Issue was oversubscribed 8.03
times.

2002

-Appoints Mr Ashok Rao as President & Wholetime Director of

Automotive Axles.

2003

-ICICI Mutual Fund through its various schemes acquires 795868 shares
of the company representing 5.26% of the paid up capital of the
company.

2004

-Automative Axles Ltd has informed that delisting of Companies Equity

Shares from the Bangalore Stock Exchange and Pune Stock Exchange has
been approved at the AGM held on January 29, 2004. The Company has
further informed that Mr. Adelio Raschi has resigned as Director of
the Company wef January 29, 2004.

-Automotive Axles Ltd has informed that the Company's Equity shares
are delisted from Bangalore Stock Exchange w.e.f. February 19, 2004.

2007

-AAL Opens New Occupational Health Centre

-Automotive Axles Board approves interim dividend of Rs 6 per share

2008

-Automotive Axles Ltd has appoined Mr. Larry Dowers (who was an
Additional Director on Board) as the Director liable to retire by

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rotation at the Annual General Meeting held on January 18, 2008.

2009

-Automotive Axles Board recommended a final dividend of Rs 2.7 per

share

2010

-Appointed Mr.Satish Sekhri as an Additional Director of the Company

-AutomtvAxles - Board recommends Final Dividend of Rs. 8.50 per share

of Rs. 10/- each for the year 2009-2010

2011

-Company have established Contract Manufacturing Facility for

producing the Trailer Axles

2012

-AutomtvAxles - Board recommends Final Dividend of Rs. 10/- per share

of Rs. 10/- each for the year 2011-12

2013
-Our Team participated in International Convention on QC Circle 2013
and Won the 1st Prize Excellence award which is held at Taipei.
-Automotive Axles Ltd has informed that the Board of Directors of the
Company recommended a Final Dividend of Rs. 2/- per share of Rs. 10/-
each

2014

-Automotive Axles Ltd has informed that the Board of Directors of the
Company recommended a Final Dividend of Rs. 2.50 per share of Rs. 10/-
each

2015

-Established Speciality Axles Plant Manufacturing Unit

2016
-Machinist Super Shop-floor 2016 Award
-Kaizen Awards at Vidyavardhaka College of Engineering, Mysore
-Solar Plant installed at Brakes plant
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-Public Convenience Facility at Chamundi Hill, Inaugurated by Sri

Siddaramaiah
-Kaizen Awards at Bangalore

2021

-Industry Version 4.0 & Deming Award

VISION OF ORGANIZATION

To be a world class quality manufacturer of axles,

providing innovative solutions to customer at
competitive price, that enhance mobility, safety &
environment and retain leadership

1. Inspiring and Motivating: A vision should inspire and motivate

individuals within the organization, fostering a sense of purpose
and commitment.
2. Future-Oriented: It focuses on the future and describes what the
organization aims to become over time.
3. Clear and Concise: The vision statement should be clear, concise,
and easy to understand, ensuring that everyone in the organization
can grasp its essence.
4. Aligned with Values: The vision should align with the core values
and principles of the organization, reflecting its fundamental
beliefs.
5. Challenging, but Attainable: While a vision should be ambitious,
it should also be realistically achievable to maintain credibility and
motivation.
6. Unique and Differentiating: A strong vision sets the organization
apart from others in the industry, emphasizing its unique
contributions and aspirations.
7. Customer-Centric: A customer-centric vision emphasizes the
organization's commitment to meeting the needs and expectations
of its customers or beneficiaries.

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8. Flexible: While a vision provides a long-term direction, it should

allow for flexibility to adapt to changing circumstances and
environments.

ORGANIZATION STRUCTURE

The structure of an organization refers to how its various components,

roles, and functions are organized and coordinated to achieve its goals.
Here's a brief overview of the key elements in an organizational
structure:

1. Organizational Chart:
An organizational chart visually represents the hierarchical
structure of the organization.
It outlines the relationships and reporting lines between
different roles and positions.
2. Departments and Divisions:
Organizations are often divided into functional departments
or divisions based on their specialized functions, such as
marketing, finance, operations, and human resources.
3. Chain of Command:
The chain of command defines the formal authority and
communication flow within the organization.
It establishes who reports to whom, creating a clear hierarchy
of decision-making.
4. Roles and Responsibilities:
Each position in the organization has specific roles and
responsibilities.
Clear delineation of duties helps ensure accountability and
efficient workflow.
5. Centralization vs. Decentralization:
Centralized organizations concentrate decision-making
authority at the top, while decentralized organizations
distribute decision-making across various levels.
The degree of centralization or decentralization depends on
the organization's size, industry, and strategic goals.
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6. Span of Control:
Span of control refers to the number of subordinates a
manager or supervisor directly oversees.
A narrow span involves fewer subordinates per manager,
while a wide span involves more.
7. Matrix Structure:
In a matrix structure, employees report to both a functional
manager and a project manager.
This dual reporting allows for flexibility and efficient resource
utilization.
8. Flat vs. Tall Structure:
Flat structures have fewer levels of hierarchy, promoting
quicker decision-making and communication.
Tall structures have multiple hierarchical levels, providing
more supervision but potentially slowing down
communication.
9. Formal and Informal Communication Channels:
Formal communication follows established lines of authority,
while informal communication occurs outside these channels.
Both types contribute to information flow within the
organization.
10. Organizational Culture:
Organizational culture encompasses shared values, beliefs,
and norms that shape behavior and guide decision-making.
It influences how employees interact and contribute to the
organization's overall atmosphere.
11. Adaptability and Flexibility:
Successful organizations often exhibit adaptability, allowing
them to respond to changes in the external environment
effectively.

The specific structure adopted by an organization depends on its size,

industry, goals, and management philosophy. A well-designed structure
aligns with the organization's strategy and facilitates efficient operations

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RULES AND REGULATIONS OF THE PERSONAL IN THE

ORGANIZATION

Rules and regulations for personnel in an organization are essential to

ensure a productive, safe, and harmonious work environment. These
guidelines help establish expectations, maintain order, and uphold legal
and ethical standards. The specifics may vary based on the industry,
company policies, and local regulations, but here are common areas
covered by personnel rules

1. Code of Conduct:
• Defines expected behavior, professionalism, and ethical
standards for all employees.
• Outlines consequences for violations of the code.
2. Working Hours and Attendance:
• Specifies regular working hours, break times, and rules for
attendance.
• Addresses policies on tardiness, absenteeism, and leave
requests.
3. Dress Code:
• Describes acceptable attire and grooming standards in the
workplace.
4. Confidentiality:
• Emphasizes the importance of maintaining confidentiality
regarding sensitive company information and client data.
5. Anti-Discrimination and Harassment Policies:
• Prohibits discrimination and harassment based on factors
such as race, gender, age, religion, or disability.
• Outlines procedures for reporting and addressing
complaints.
6. Health and Safety:
• Specifies safety protocols, emergency procedures, and
expectations for maintaining a safe work environment.
• May include guidelines for handling hazardous materials.
7. Use of Company Resources:

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• Defines acceptable use of company property, equipment,

and resources.
• Addresses guidelines for internet and email usage.
8. Performance Expectations:
• Outlines expectations for job performance, quality of work,
and productivity.
• Describes the performance appraisal process and criteria for
promotions.
9. Conflict of Interest:
• Addresses situations where an employee's personal interests
may conflict with the organization's interests.
• May require disclosure of potential conflicts.
10. Social Media Policies:
• Defines acceptable use of social media in connection with
the organization.
• Outlines guidelines for representing the company online.
11. Training and Professional Development:
• Describes opportunities for training and professional growth.
• May specify requirements for maintaining professional
certifications.
12. Disciplinary Actions:
• Details the steps and consequences for disciplinary actions.
• Ensures fair and consistent application of disciplinary
measures.
13. Employee Benefits:
• Communicates information about employee benefits,
including health insurance, retirement plans, and other perks.
14. Whistleblower Protection:
• Encourages employees to report unethical behavior without
fear of retaliation.
• Describes the process for reporting concerns.
15. Exit Procedures:
• Outlines procedures for resignations, retirements, or
terminations.
• May include details on return of company property and
handling final pay.
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PRODUCTS AND MARKET PERFORMANCE

At Automotive Axles Limited, we’re dedicated to rear axle solutions that

enhance mobility to give our customers the leading edge. With more than
30 years of axle manufacturing experience for Indian applications, we’ve
become India’s largest independent manufacturer of commercial truck
axles for a broad range of vehicle applications. And, our rear axles are at
the heart of this heritage.

We’ve mastered the combination of precision engineering, component

durability, and lightweight options – all to bring your operation enhanced
movement. We can provide a complete solution for all your needs in form
of drive axles, brakes and suspension interfaces. When your operation
needs a drive axle product to move you past the competition, you can
rely on Automotive drive axles to deliver.

MS04

MS06-100

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MS08-120

MS13-145

MS13-177

MS13-245

MS13-1496

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MS13-1497

MS14-160

MS16-616

MS18-610

MT26-148

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MT26-1495

MT28-160

MT32-616

MT36 610

DIVERSE END MARKETS AND MAJOR CUSTOMERS

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Major Customers

Trusted by Partners

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