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Panasonic Energy India Company Ltd logo

Panasonic Energy India Company Ltd

NSE: LAKHNNATNL BSE: 504093

₹257.50

(0.90%)

Tue, 25 Aug 2026, 03:19 pm

Company History

1972

  • The company was incorporated on 24th May at Vadodara.
  • D.D. Lakhanpal entered into a joint venture agreement with Matsushita Electric Industrial Co. Ltd.

1973

  • Shares were taken up by promoters and allotted to Matsushita Electric Industrial Co. Ltd.
  • Shares were offered to the public.

1979

  • 825 shares were forfeited and reissued to employees.

1981

  • Right Equity shares were issued at par.

1986

  • The Company received a letter of intent for the manufacture of dry batteries.

1987

  • The Company proposed to introduce UM3 type and UM1 type batteries.
  • Bonus equity shares were issued.

1989

  • The Company introduced UM 3D batteries.
  • The Company offered equity shares on a Rights basis.
  • Equity shares were issued to employees and collaborators.

1990

  • The unsubscribed portion of equity shares were allotted to employees.
  • Additional equity shares were allotted to collaborators Matsushita Electric Industrial Co. Ltd.

1991

  • The Company proposed to expand the existing production capacity.

1994

  • The Company introduced superior quality NOVINO SUMO-UM-IS batteries and PANASONIC Alkaline batteries.
  • The Company introduced the Novino Sumo-UM-2S Penlite type of dry cell battery.
  • The Company offered equity shares in the Rights basis.

1995

  • The Company started implementation of the gas lighter project.

1996

  • The Company introduced the New Novino UM-IPN type of dry cell battery.

2005

  • The Company recommended a dividend of 30% for the year.

2006

  • The Company changed its name to Panasonic Battery India Co. Ltd.
  • The Company recommended a dividend of 15% for the year.

2007

  • The Company recommended a dividend of Rs 1.50 per share.

2008

  • The Company recommended a dividend of 30% for the year.
  • The company changed its name to Panasonic Energy India Company Ltd.

2009

  • The Company recommended a dividend of 10% for the year.

2010

  • The Company became the only battery manufacturer in India with a complete eco-friendly battery range.
  • The Company recommended a dividend of 20% for the year.

2011

  • The Company recommended a dividend of 20% for the year.

2012

  • The Company recommended a dividend of 20% for the year.

2013

  • The Board recommended a dividend of 20% for the year.
  • The company launched India's highest performing Panasonic Ultimate dry cell battery.

2014

  • The Board recommended a dividend of 35% for the year.

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