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Igarashi Motors India Ltd.
Plot No.B-12
B-15, Phase-II, MEPZ, Tambaram
Phone: +91 4442298100p:+91 4442298100 CHENNAI, 600045  India Ticker: IGARASHIIGARASHI
Business Summary
Igarashi Motors India Limited is an India-based company, which is engaged in the production and export of permanent magnet direct current motors (DC Motor) for air management including powertrain and seat applications and motor accessories mainly for the automotive sector. The Company is engaged in the manufacture of components for automotive and non-automotive sector. The Company is a brushless DC Motor (BLDC) solutions provider in fast moving electrical goods (FMEG). Its standard printed circuit boards (PCB) are supplied with RF remote and Internet of things (IoT)-enabled features. Its product portfolio includes electric parking brake, trunk opening and closing device, and park lock actuators. Its EV traction motor platform has also been developed for electric vehicle applications. The Company has approximately nine manufacturing facilities and two logistics warehouses, which are located at MEPZ-SEZ, Chennai, and the Domestic Tariff Area Unit at Maraimalai Nagar.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20233/31/2023Yes----

Industries
SIC Code Description
3694 Electrical equipment for internal combustion engines
3621 Motors and generators

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board Hemant M.Nerurkar 73 7/30/2020 6/23/2014
Chairman Emeritus K. K.Nohria 90 1/1/2020 7/23/2015
Chief Financial Officer S.Vivekchandranath
6 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Igarashi Motor Sales USA, LLC 710 Colomba Court St. Charles IL United States

Business Names
Business Name
517380
IGARASHI
Igarashi Motors India Ltd.

General Information
Number of Employees: 669 (As of 3/31/2023)
Outstanding Shares: 31,475,048 (As of 9/30/2023)
Shareholders: 24,219
Stock Exchange: NSE
Fax Number: +91 4422628143


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Friday, April 19, 2024