Elpro International Ltd
NSE: ELPROINTL BSE: 504000
₹85.46
(1.54%)
Wed, 18 Mar 2026, 07:08 am
Market Cap14.26B
PE Ratio7.76
Dividend0
Electronic Technology
Electronic Components
24.5KCompany History
1962
- The Company was incorporated on 27th July at Mumbai.
1963
- 350 shares were subscribed for by the signatories to the Memorandum of Association.
- 84,650 shares were issued by a prospectus.
1983
- The Company entered into a technical collaboration agreement with Matsushita Electric Industrial Co. Ltd., Japan.
- The Government issued a letter of intent for expansion of the manufacturing capacity of hard ferrites.
- The Company manufactured and sold the first unit of electrostatic precipitators and control with DC power supply.
1986
- The Company's technical collaboration with General Electric Co., U.S.A. to manufacture gapless lighting arresters was approved by the Government.
- The Company acquired 15,19,000 equity shares of GE Elpro, representing 49% of its paid-up equity capital.
1991
- Equity shares were subdivided.
- 8,50,000 rights shares were issued.
- 42,500 equity shares were allotted to employees.
1995
- The Company signed a joint venture agreement with Sunpower Inc. for development of a water pump running on biomass.
- 17,41,895 equity shares of Rs 10 each were allotted to shareholders on a rights basis.
- 72,000 equity shares of Rs 10 each were allotted to shareholders of Switchgear Manufacturing Co. Ltd. in terms of the Scheme of Amalgamation.
1996
- The company's performance was affected due to a tremendous drop in demand for lighting Arresters.
2006
- The Company recommended a dividend of Re 1 per Equity Share.
2008
- Mr. Narayan T Atal was appointed to the Board of Directors of the Company.
2010
- The Company appointed Mr. Ashok Jain as an Additional Director and member of the Company's Audit Committee.
2012
- Mr. Ram Swarup Dabriwala was appointed as the new Chairman of the Company.
2014
- Rashmi Patkar was appointed as the Company Secretary of the Company.
2015
- The Company allotted Bonus Shares to its shareholders in the Ratio of 2:1.
- Elpro International split its face value from Rs. 10 to Rs. 2.
2017
- The Company split its face value from Rs. 2 to Rs. 1.
2018
- The company issued rights shares of Rs. 1 in the ratio of 9:40 at a premium of Rs. 31.1 per share.
2023
- Elpro International Limited acquired Equity shares and Convertible Equity Warrants of Dynemic Products Limited.
- Elpro International Limited completed the acquisition of 100% of the equity shares of Fortune Capital Holding Private Limited.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800