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Empower India Ltd
NSE: BSE: 504351
₹1.98
(1.98%)
Fri, 19 Jun 2026, 02:49 am
Market Cap (in Cr)237.41
PE Ratio12.77
Dividend0
Distribution Services
Electronics Distributors
24.5KCompany History
1981
- The company was incorporated as Mahajan Trading Company.
- The company received the certificate of commencement of business.
1992
- The company's name was changed from Mahajan Trading Company to Harijay Industries Ltd.
2002
- Dewang Master entered into a memorandum of understanding to acquire 34,000 fully paid shares of the company.
- The board approved issuing and allotting bonus shares to members in the proportion of nine bonus shares for every one equity share held.
2003
- The company's name was changed from Harijay Industries Ltd. to Empower Industries India Ltd.
2005
- The board of directors decided to offer 2 equity shares for every 5 equity shares held at a premium of Rs 1.25 per share.
- The company split its face value of shares from Rs 10 to Re 1.
2007
- The company formed a joint venture with US-based SPS Inc to launch power electronics products.
- The board of directors approved increasing the authorized share capital to raise funds for expansion, diversification, and acquisition plans.
- The company decided to raise funds of up to USD 122 million for expansion, diversification, and acquisition plans.
- The books of the company were closed from 21st September to 25th September due to the annual general meeting.
- Members adopted the annual accounts and annual reports for the year ended 31st March at the 25th annual general meeting.
- The board of directors was authorized to borrow up to Rs 50 crore and to mortgage the company's property.
- Mr. Jilani Sheikh was re-appointed as a director.
- Mr. Rajgopalan S Iyenger was appointed as a director.
2010
- Empower India gave a bonus in the ratio of 23:2.
2011
- The company changed its name from Empower Industries India Ltd. to Empower India Ltd.
2012
- The company appointed Ms. Tarjani Pandya as the new Compliance Officer.
2013
- Empower acquired Uniheal Foods, a firm engaged in manufacturing and marketing health and nutritive food products.
2014
- The Board of Directors of the Company approved the appointment of Mr. Kiran Thakore and Mr. Nikhil Pednekar as Independent Directors.