Swelect Energy Systems Ltd
Swelect Energy Systems Ltd Company History
Swelect Energy Systems is engaged in the business of manufacturing and trading of Solar power projects, off-grid solar photovoltaic modules, based on crystalline silicon technology (c-Si), solar and wind power generation, contract manufacturing services, installation and maintenance services, sale of Solar Photovoltaic inverters and energy efficient lighting systems.
2006
Numeric joins hand with Socomec to mkt UPS units
2006
2007
Numeric Power Systems Limited has informed vide its letter dated November 19, 2007 that: Mr. S. Krishnamurthy has been appointed as Company Secretary and Compliance Officer of the Company with effect from November 01, 2007.
2007
2008
Numeric Power Systems Ltd has appointed Mr. R Venkataraghavan as an Additional Director (Independent Director) of the Company.
2008
2009
Swelect Energy Systems has given the Bonus in the Ratio of 1:1
2009
2010
The Company has entered into a Memorandum of Understanding, with the majority stakeholders of M/s. Amex Alloys Pvt. Ltd., Coimbatore for acquisition of Equity Shares upto 92% and to take over the Management Control of M/s. Amex Alloys Pvt. Ltd.
2010
2011
The Company has acquired 100% stake in M/s. Amex Irons Pvt. Ltd. situated in Coimbatore.
2011
2012
Numeric Power is now Swelect Energy.
Swelect Energy buys 49% stake in HHV Solar.
Interim dividend of Rs. 120/- (Rupees One Hundred Twenty Only) per equity share.
Company has changed its name from Numeric Power Systems Ltd. to Swelect Energy Systems Ltd.
2012
2013
Swelect Energy acquired stake in HHV Solar for around Rs 22 crore.
Company also acquired 8% Equity Shares in Amex Alloys Private Limited.
2013
2014
Swelect Energy buys 51% stake in HHV Solar.
2014
2015
Commissioning of 10 MW SPV Solar Power Park near Musiri Taluk, Trichy
2015
2016
Swelect Energy Systems bags 10 MW Solar Power project.
2016
2018
SWELECT is proud to introduce SOURCE to the Indian market to provide drinking water for every Person in every place across the country.
2018
2019
The Company has issued Bonus Shares in the Ratio of 1:2.
2019
