No results for ‘’
Standard Batteries Ltd
NSE: STANDRDBAT BSE: 504180
₹38.25
(4.85%)
Sat, 12 Sept 2026, 09:58 pm
Market Cap (in Cr)19.91
PE Ratio0
Dividend0
Producer Manufacturing
Electrical Products
24.5KCompany History
1945
- The Company was incorporated on 20th June at Mumbai.
1958
- 12,500 right equity shares were issued at par in the proportion 1:2.
1962
- 7,500 Right equity shares were issued at par in the proportion 1:5.
1967
- 5,000 Bonus equity shares were issued in the proportion 1:9 in July.
1969
- Oldham & Son (India) Ltd. was amalgamated with the Company with effect from 1st April.
1970
- 10,000 bonus shares were issued in the proportion 1:5.
- 22,000 shares were issued to members of Oldham & Son (India) Ltd. on its amalgamation with the company.
1973
- 20,500 Right equity shares were issued in the proportion 1:4.
1983
- Exports came down to Rs.2.22 crores due to imbalance of trade between U.S.S.R and India.
- The Company concluded a technical collaboration agreement with Oldham Batteries Ltd. to manufacture improved types of miners cap lamp batteries and other products.
1984
- Nackiketa Investments Ltd. became a subsidiary of the Company.
- The Company made a rights issue of 4,10,000 - 15% secured redeemable non-convertible debentures of Rs.100 each.
- The debentures were redeemable at a premium of 5% in four equal annual instalments commencing from 13th November 1991.
1986
- The Company entered into a long term wage settlement with the Workers Union at Mumbai, to be effective from 1st February 1988.
1987
- A new contract was signed with Oldham Batteries Ltd. for the supply of miners cap lamp.
- The Company signed a technical collaboration agreement with Hagen Batteries AG of West Germany for technical know-how on copper stretch material (CSM) batteries.
- Authorised capital was reclassified and increased, and equity shares were subdivided.
1989
- The Company launched the second generation Standard Furukawa automotive batteries.
- The Company introduced upgraded capacity miners cap lamp developed with technology from Oldham.
1990
- Sales turnover was lower at Rs.75.05 crores due to the Gulf-war and mid stream policy changes in value addition norms for rupee exports to Russia.
- The Kanjur factory was being modernised to produce Type-I battery designed by Hagen for new generation submarines of the Indian Navy.
1991
- 10,25,000 right equity shares were issued at a premium of Rs.40 per share in the proportion 1:1.
- 51,250 equity shares were issued to employees/workers at a premium of Rs.40 per share.
- The Company introduced state of the art low maintenance longer life batteries for stationary and traction applications.
1992
- Turnover declined to Rs.84.48 crores mainly due to the lockout at the Vakola factory for about 10 months.
1993
- 82,37,800 right equity shares were issued at a premium of Rs.10 per share in the proportion 4:1.
1998
- The business undertakings consisting of the entire battery business of the company were sold to Exide Industries Ltd. with effect from 16th February.
2010
- The Company consolidated its face value of shares from Re.0.5 to Re.1.