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Salzer Electronics Ltd
Salzer Electronics Ltd Company History
Salzer Electronics is engaged in the business for manufacture of Electrical Installation Products and Components viz., CAM Operated Rotary switches, Selector Switches, Wiring Ducts, Voltmeter Switches, copper wires and cables and allied products addressing customers in the electrical equipment, power, medical equipment, automotive as well as renewable and uninterrupted power system spaces, in a single and unified segment.
2002
The Company recommended a dividend of 6% per share (i.e. Rs 0.60 per share of Rs 10/- each).
2002
2005
The Company has recommended a dividend @ 11%.
2005
2007
The Company has recommended a dividend @ 18%.
2007
2008
The Company recommended a dividend of 18%
2008
2009
The Company has recommended a dividend of 16%.
2009
2010
The Company has recommended a dividend of 16%.
2010
2011
The Company has recommended a dividend of 16%.
2011
2012
The Company recommended a dividend of 12% for the year .
2012
2013
Salzer Electronics has recommended a dividend of 12% for the year.
2013
2014
Mr. N Rangachary has been appointed as an additional director fo the company.
2014
2015
"Salzer enters into Technical Alliance with Trafomodern".
"Salzer Electronics successfully raises Rs 62.06 Crore through a Qualified Institutions Placement".
2015
2016
Salzer Electronics said that it has secured a Letter of Intent (LoI) worth Rs 18.70 crore from Energy Efficiency Services (EESL), a Joint Venture Company of PSUs of Ministry of Power, Government of India.
2016
2017
Salzer gets board nod to acquire Salzer Magnet Wires.Â
2019Â
"Salzer Completes acquisition of Kaycee Industries -Acquired 72.32% shares from promoters of Kaycee Industries Ltd".
2017
2022
Company received a Patent for its product Integral Cam Operated Rotary Switches.
2022