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Voltas Ltd
Voltas Ltd Company History
Voltas in the business of air conditioning, refrigeration, electromechanical projects both in domestic and international geographies (Middle East) and engineering product services for mining, construction equipment’s and textile industry.
2002
N D Khurody appointed as Additional Director of Voltas.
Voltas enters into a Joint Venture agreement with Sermo Montaigu, France for perfect moulds.
Voltas Ltd has informed BSE that Perfect Moulds Ltd has ceased to be a subsidiary of the Company consequent upon allotment of 30,00,000 equity shares of Rs 10 each by PML to Sermo Montaigu, France (Sermo), the joint venture partner, on July 06, 2002.The paid up capital of PML of Rs 130 million is now held in equal proportion of 50:50 ie 65,00,000 equity shares of Rs 10 each aggregating Rs 65 million each by Voltas and Sermo.
2002
2003
Voltas Ltd has informed BSE that Mr Bir D Singh Executive Director has retired from the services of the company on December 27, 2002. Accordingly, he ceases to be a Director and Wholetime Director of the company.
State Govt rejects tax sop to Voltas' new mfg unit in MP
Voltas Ltd has informed that the Ahmedabad Stock Exchange (ASE) has informed that the securities of the company would be delisted from the ASE wef January 15, 2004.
2003
2004
Voltas Ltd. has informed that in response to their application for voluntary delisting, the Delhi Stock Exchange Association Limited (DSE) has informed the company vide its letter dated December 26, 2003 that the securities of the Company have been delisted from DSE with effect from December 29, 2003.
Voltas Ltd. has informed that in response to the Company's application for voluntary delisting, Pune Stock Exchange Limited (PSE), has informed the company that that the shares of the Company delisted from PSE with effect from January 16, 2004
Enters into a distribution tie-up with the 62 million euro Italian airconditioning major Uniflair, which specialises in the design, production and supply of precision air conditioning and cooling solutions for telecom and internet applications
Voltas has launched a range of small capacity refrigerators targeted at semi-urban and rural markets in India.
Ties up with RBS Home Appliances Ltd. for the use of 640 service centres that Voltas has across the country for after sales services
Simtools Ltd has now become a wholly owned subsidiary of the Company on 27, August 2005.
Chinese consumer durable giant Haier enters into a contract manufacturing agreement Voltas Ltd for air-conditioners and refrigerators.
Voltas introduces new range of water dispensers
2004
2005
Voltas introduces new series of ACs, may set up plant in Uttaranchal
Voltas secures order for world's Tallest building
2005
2006
Voltas joins hand with Dutch company
'Maximum foreign exchange earned and repatriated to India from overseas construction and engineering projects'
Company has splits its Face value of Shares from Rs 10 to Re 1
2006
2007
Voltas Ltd has informed that Universal Comfort Products Ltd (UCPL) is a 50:50 joint venture Company between Voltas and Fedders International Air-conditioning Pvt Ltd (FIACPL), a subsidiary of Fedders Corporation, USA.
2007
2008
Voltas Ltd has appointed Mr. Jimmy Bilimoria and Mr. S N Menon, Independent Directors have as Additional Directors of the Company with effect from September 22, 2008.
Voltas launches elegant, new range of Room Air Conditioners in 2008
Voltas acquires stake in Fedders venture
2008
2009
Voltas' overseas MEP business achieved professional recognition at the highest levels, at the MEP Middle East Awards 2008.
'MEP Project Manager of the Year' rewards outstanding individual talent and commitment, as seen in actual project outcomes achieved through extraordinary skills and efforts.
Voltas ties up with GMRVF for community development initiative
2009
2010
Memorandum of understanding between Voltas and the Mustafa Sultan Group to form joint venture company in the Sultanate of Oman
Voltas - Joint Venture Agreement between Voltas Ltd and Olayan Financing Company of Saudi Arabia to form a Joint Venture Company
2010
2011
Voltas Limited and KION Group GmbH have agreed to establish a joint venture in India
"Voltas enters market with 70 air conditioners this season".
2011
2012
Voltas Ltd has recommended Dividend of Rs. 1.60 per share
2012
2013
Voltas acquires 100% stake in Rohini Industrial Electricals Ltd.
2013
2014
Voltas executed a Joint Venture Agreement with Dow Chemical Pacific (Singapore) Pte. Ltd.
2014
2015
Voltas, leaders in Air Conditioners now forays into 'Fresh-Air Coolers
Voltas wins Ministry of Power's coveted National Energy Conservation Award for 2015
Voltas wins honours from Dun & Bradstreet India for being first in consumer durables
2015
2016
Voltas launches smart water solutions to provide clean water
Voltas Water Solutions combines Smart Engineering with Smart Water Science to launch Smart Water Solution
2016
2017
Voltas Limited won the most coveted MEP Contractor of the Year award
Voltas Limited and Arçelik A.S. join forces in India
Joint Venture Company to be established to tap IndiaÂs growing consumer durables market
2017
2018
Voltas launches Window AC with Inverter technology
Voltas Beko unveils 'Kahan Gaya Mummy ka Sunday' DVC.
2018
2019
Voltas Beko introduces Indiaâs first 5 Star rated Washing Machines
Voltas Limited has informed that Scheme of Arrangement for merger by Absorption of Universal Comfort Products Limited into and with the company
Voltas launches new brand shop in Gajuwaka, Visakhapatnam.
Voltas launches new shop in Chackai, Thiruvanthapuram.
Voltas launches its new brand shop in JalandharÂs most premier shopping area.
2019
2020
The Company has informed that Amalgamation/Merger by Absorption of a wholly-owned subsidiary - Universal Comfort Products Limited (Transferor company) with Voltas Limited (Transferee company).
Nitol Electronics is all set to introduce the world-famous and widely popular electronics brand Voltas (A TATA Product) in Bangladesh.
Tata group firm Voltas has launched ultraviolet light (UVC) based surface disinfectant solutions in response to the ongoing COVID-19 crisis.
A 50:50 joint venture between the Tata-group-owned Voltas and Arcelik, a Turkey-based home appliances company, Voltas Beko offers refrigerators, washing machines, dishwashers and microwave ovens.
Voltas Beko unveils a new digital video.
2020
2021
Voltas was conferred this award by R.K. Singh, Hon'ble Union Minister of Power and New & Renewable Energy, Govt. of India for its exceptional achievement in reducing the energy consumption with its Air Conditioner model 4502911 - Voltas SAC 183V CZJ.
Voltas has launched its second brand shop in Berhampur in Odisha. This is the companyÂs 7th brand shop in the state.
Voltas Limited, the undisputed market leader for room air-conditioners in India and known for its energy efficient products and solutions, was the proud recipient of the Ministry of Power's 'National Energy Conservation Award 2020'.
Voltas Launches new range of Maha Adustable Inverter AC in India
2021
2022
Voltas Ltd Joint Venture With Highly International (Hong Kong) Limited.
Voltas inaugurates its first Solid Waste Management plant in Madodhar Village, Waghodia, Gujarat.
Voltas Beko introduces a new range of Home Appliances with advanced technologies this Summer.
Voltas International Operations Business Group (IOBG) wins MEP project for the prestigious Qiddiya Water Theme Park worth INR 942 Cr.
2022
2023
Voltas Limited bags project orders worth ~ INR 1770 crores for Power Distribution and Solar Projects".
2023