The company was incorporated as a private limited company on 27th July,1978 and was converted into a public limited company on 2nd November, 1985. It was promoted by Qualified engineers. The company was admitted as a partner into a partnership firm, Accurate Engineering company from 1st August , 1984 and the entire undertaking of the firm manufacturing bearings was alloted to the company with all the assets and liabilities upon dissolution of the partnership firm in the settlement of its rights title and interest as partner . The company entered into a registered Agreement with Accurate Engineers for the non-exclusive use of well know and popular trade mark "aec" for the bearing manufactured by the company.
The company manufactures various types of rolling bearings like ball, cylindrical -roller taper-roller, spherical roller and needle roller bearings.
2006
-Austin Engineering has recommended Dividend Rs 1.20 per Equity Share
2007
-The company has recommended Dividend of Rs 2.00 per Equity Share
2008
-Austin Engineering designated E-mail ID for Investors Complaints: info@aecbearings.com
2009
-Austin Engineering has recommended Dividend Rs 1.50 Per Equity Share
2011
-The company has recommended Dividend Rs. 2.50 per Equity Share
2012
-The company has recommended Dividend Rs. 2.50 per Equity Share
2013
-The company has recommended Dividend Rs. 1.50 Per Equity Share.
2014
-Austin Engineering has recommend Dividend Rs. 1.50 Per Equity Share.
2015
-Austin Engineering has recommended Dividend Rs. 1.50 Per Equity Share.
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