Kirloskar Electric Company Share Price

Kirl. Electric

CMP as on 24-Jun-21 14:53

₹ 19.15
-0.25 -1.29%

Open

₹ 19.90

Turnover (lac)

₹ 8

Prev. Close

₹ 19.40

Day's Vol (shares)

₹ 43,530

Day's Range (₹)

₹ 19.05
₹ 19.90

CMP as on24-Jun-21 14:53

₹ 19.05
-0.65 -3.3%

Open

₹ 19.30

Turnover (lac)

₹ 9

Prev. Close

₹ 19.70

Day's Vol (shares)

₹ 25,341

Day's Range

₹ 18.90
₹ 19.85

Kirloskar Electric Company (KECL), promoted by Kirloskar Brothers, Pune, with the technical and financial participation of Brush Electrical Engineering Co., UK, a member of the Hawker Siddeley group is a leading player in Electrical Equipment Industry in India. The companys main products are Electric Motors, AC Machines, DC Machines.Incorporated in Jul.46, the company acquired Voltas Transformers, Pune thus establishing its presence in the cast resin transformers market. Later it has tied up with Wind Energy Group, UK for manufacture of Wind Turbine Generators. The company completed strategic acquisition(at a cost of Rs,8 Crores) of Kirloskar Systems in Dec 15, 97 with a aim of synergy of activity of transformer business with switchgear business. The company has undertaken a business restructuring activity and thereby it has transferred its Rotating Machines Group business to it subsidiary Kaytee Switchgear Pvt. Ltd.Its main activity is the manufacture and sale of a diverse range of electrical and electronic equipment - AC induction motors, transformers, AC generators, DC machines, control equipment and systems, power electronic products, instrumentation, automation and controls and industrial electronic equipment. The projects and systems division of the company has specialised in executing system packages for large industries like steel, fertilisers, cement, sugar and other core sectors. KECL has developed its first 40-MVA transformer. It participated in the development of a specialised mobile power set for the Prithvi missiles project, supplied and commissioned 10 cu mtr of excavator electrics, the biggest in the country and a total electric system package to the Maniyar Mini Hydel plant.The takeover of Voltas Transformers, Pune, has enabled KECL to establish a significant presence in the cast resin transformers market. KECL has recently diversified into non-conventional energy by tying up with the Wind Energy Group, UK, for manufacture of wind turbine generators.In 1999-2000, KEC North American, Inc., USA, became a subsidiary of your company for marketing and distribution organization in North America through the distribution channel of EASA (members of the Electrical Apparatus Service Association) shops. The proposal to form Joint Venture with a Singapore based company did not fructify as the company has started renegotiating the terms and the company has decided not to go ahead with the proposed Joint Venture.

  • Executive Chairman

    Vijay R Kirloskar
  • Non-Exec. & Independent Dir.

    S N Agarwal
  • Non-Exec. & Independent Dir.

    Anil Kumar Bhandari
  • Non-Exec. & Independent Dir.

    Sarosh J Ghandy
  • Non-Exec. & Independent Dir.

    V P Mahendra
  • Non-Exec. & Independent Dir.

    Kamlesh Suresh Gandhi
  • Non-Exec & Non-Independent Dir

    Meena Kirloskar
  • Non-Exec. & Independent Dir.

    Ashok Misra
  • Company Secretary

    K S Swapna Latha
  • Additional Director

    SURESH KUMAR
  • Nominee (ARCIL)

    Ravi Ghai
  • Director (Finance) & CFO

    Sanjeev Kumar Shivappa

Registered Office

No 19 2nd Main Road Phase-1,
Peenya 1st Stage Peenya,Bengaluru,
Karnataka-560058

REGISTRAR OFFICE

No. 30 Ramana Resid.,
Malleswaram,Bangalore - 560003
INDIA