promptec havells
Promptec
Havells to buy 51% stake in lighting solutions firm Promptec; Blume scores an exit. Nov 9, 2017. By SHARE Electrical consumer products maker Havells India Ltd has received its board approval to acquire 51 per cent stake in LED and solar lighting products maker Promptec Renewable Energy Solutions, at an enterprise value of Rs 65 crore ($10.3 …
Board of Havells India approves the acquisition of Majority …
The acquisition of Promptec would lead Havells to grow aggressively in the LED segment through a quick market reaction and short development cycles. Havells plans to take share of LED lighting to over 40%- 50% of its total lighting sales and this acquisition is a further step in the journey.
Financials
Annual Report 2008 2009. statement persuant+notice+10y... consolidated financials. Corrigendum to AGM Notice. Notice of AGM. corporate governance. Directors Report. Progress at a Glance for last 10 years. 2023-2024 2022-2023 2021-2022 2020-2021 2019-2020 2018-2019 2017-2018 2016-2017 2015-2016 2014-2015 2013-2014.
Promptec Renewable Energy Solutions acquired by Havells India
Promptec Renewable Energy Solutions Promptec is one of the pioneers and industry leader in LED (Light Emitting Diode) Lighting, Solar lighting and Power Electronics solutions. Acquiring Organization: Havells India Havells India Limited is a $1.4 Billion leading Fast Moving Electrical Goods (FMEG) Company with a strong global footprint ...
PROMPTEC RENEWABLE ENERGY SOLUTIONS PRIVATE LIMITED
Promptec Renewable Energy Solutions Private Limited is a Private incorporated on 04 September 2008. It is classified as Non-govt company and is registered at Registrar of Companies, Bangalore. Its authorized share capital is Rs. 35,500,000 and its paid up capital is Rs. 26,362,260.
Havells to buy 51% stake in lighting solutions firm Promptec
By Bhawna Gupta. 20 Apr 2015. Electrical consumer products maker Havells India Ltd has received its board approval to acquire 51 per cent stake in LED and solar lighting products maker Promptec Renewable Energy Solutions, at an enterprise value of Rs 65 crore ($10.3 million), according to a stock market disclosure.
Havells India Raises Stake in Promptec Renewable
Havells India (the company) has scaled up its share in Promptec to 51%, which values INR 65 million (US $970,000), according to The Dollar Business. This would increase its stake in Promptec Renewable Energy Solutions for an undisclosed amount, the electrical equipment firm said in a statement to BSE. The company stated it signed a triparitite ...
Havells India to buy 51% stake in Promptec Renewable for Rs65 …
Mumbai: Electrical equipment maker Havells India Ltd on Monday said it will acquire a majority stake of 51% in Bangalore-based Promptec Renewable Energy Solutions Pvt Ltd for Rs.65 crore. In a filing to the BSE, the company said the acquisition of Promptec, which manufactures LED and solar lighting products, would help expand its footprint into LED …
Havells to buy 51% stake in LED light maker Promptec Renewable
Havells India Ltd to acquire 51 percent stake in Promptec Renewable Energy Solutions Pvt Ltd - the Bangalore-based manufacturer of LED products including street lighting, office lighting and solar lighting – for an enterprise value of Rs 65 crores. The Board of Havells India Limited on April 20, 2015 approved the acquisition of majority …
HAVELLS
Committee of the Board of Directors of the Company viz. Havells India Limited, in its Meeting of 21 st June, 2018, had approved the exercise of "Call Option" in terms of the Shareholders'' Agreement dtd April 22, 2015 amongst the Company, Promptec Renewable Energy Solutions Pvt Ltd (''Promptec'') and the Promoters of Promptec.
HAVELLS INDIA LIMITED CIN: L31900DL1983PLC016304
approving, with or without modification, the proposed scheme of amalgamation between Havells Global Limited, Standard Electrical Limited, Lloyd Consumer Private Limited & Promptec Renewable Energy Solutions Private Limited ("Transferor Companies") and Havells India Limited("Transferee Company").
Havells India Limited
Lighting & Fixtures-LED. Constitute 50% of segment - 9MFY16. Lighting & Fixtures- Conventional. Market Size ~ INR 60,000 million Market share ~ 10% - 14% Peer Position – Philips, Bajaj, Crompton, Wipro. Domestic Appliances. Market Size ~ INR 65,000 million Peer Position – Bajaj, Philips. 9M FY16 Revenue Mix.
PROMPTEC RENEWABLE ENERGY SOLUTIONS PRIVATE …
Promptec Renewable Energy Solutions Private Limited ("the Company") is a Company domiciled in India and incorporated on Sept 4,2008 under the provisions of the Companies Act, 1956. The Company is engaged in manufacturing of LED (Light Emitting Diode) Lighting, Solar lighting and Power Electronics solutions.
Havells Share Price History & Returns (1995 To 2024)
Havells Share price in 1995 was ₹0.27. If you had invested ₹10,000 in 1995, in 29 years, it would have grown to ₹6.98 Crore by 2024. Learn more! ... Lloyd, Crabtree, Standard Electric, Reo and Promptec. 1971: Havells was bought as a brand by Mr Qimat Rai Gupta. 1983: Havells India Ltd. was incorporated. 1995: Listed on BSE.
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