Autoline Industries has taken major step by way of consolidating one of its manufacturing facility situated at MIDC, Pimpri, Pune to its Chakan Units, Pune. This step has been taken by the company in continuation of its initiatives to achieve the operational efficiency, cost reduction and to reduce the debt. The company is currently operating through its 9 manufacturing facilities spread across India along with in-house Design & Style Centre.
The company has entered into Memorandum of Understanding (MOU) on August 3, 2017 with the prospective buyer to transfer the said land and buildings thereon. The company will utilize the sale proceeds to settle the debt that has a charge on the above said immovable property and reduce overall debt exposure of the company.
The company believes that the consolidation of facilities will accrue substantial operational efficiency, cost savings, and smoothening of supply chain management by utilizing the available resources in Chakan Unit.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 125.00 |
| Tube Investments | 2789.65 |
| Bosch | 37505.60 |
| UNO Minda | 1097.30 |
| CIE Automotive India | 490.15 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: