Easun Reyrolle Ltd

Summary

Easun Reyrolle Ltd., previously known as Easun Reyrolle Relays and Devices was incorporated in 1974 at Hosur and commenced production in 1980. The company was promoted by the late K Easwaran, Hari Easwaran and associates with equity participation from Reyrolle Parsons (a division of Reyrolle), a wholly owned subsidiary of Rolls Royce Engineering, UK. The company is headed by chairman Hari Easwaran. The promoters have interests in Easun Engineering, Easun Products of India, Easun Investments, etc. It is having factories in Hosur(Tamil Nadu) and in Bangalore.In Oct.95, the company came out with a Rs 7.1-cr rights issue (premium : Rs 100) to finance the modernisation and expansion of production capacity, for an R&D unit, for the manufacture of microprocessor-based relays and for long-term working capital. The companys product range includes relays and control panels. It is setting up a unit to manufacture microprocessor-based relays. The major customers of the company include BHEL, ABB, Siemens, S & S Power Switchgear, etc.The company has technical collaboration with Rolls Royce, UK (since May 75), to manufacture relays, relay test sets and relay tool kits. It entered into a licensing arrangement with Rolls Royce in Feb.95 to exclusively manufacture microprocessor-based relays. Products manufactured by the company are being bought back by Reyrolle, UK.The company commissioned 2 225-MW wind energy turbines in Sep.94, in Tamilnadu. It has taken steps to modernise the existing... Read More