Sharekhan

ABB India Ltd

Thu 13/03/2025,15:59:24 | NSE : ABB

₹ 5118.55-21.15 (-0.41%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 5152.00

Previous Close

₹ 5139.70

Volume

367022

Mkt Cap ( Rs. Cr)

₹108466.36

High

₹ 5304.70

Low

₹ 5111.00

52 Week High

₹ 9149.95

52 Week Low

₹ 4890.00

Book Value Per Share

₹ 320.05

Dividend Yield

0.86

Face Value

₹ 2.00

What’s Your Call?

Collective community sentiment on ABB India Ltd

Your Vote -

Buy

71.45%

Hold

26.61%

Sell

1.94%

71.45%

620 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

100%

Sell Order Quantity

0%

Bid Price

Qty

5118.55

12

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0.00

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Bid Total

12

Bid Price

Qty

0.00

0

0.00

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0.00

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Bid Total

0

Option Chain

Analyzes market sentiment, predicts ABB India Ltd' movement.

Call Price Open interest Strike Price Put Price Open interest

News

Media spotlight triggers stock stock attention, sentiment.

  • ABB India - Record Date

    13 Mar 2025, 6:39PM ABB India Limited has informed the Exchange that Record date for the purpose of Dividend is 03-May-2025.
  • ABB India - Record Date Intimation

    13 Mar 2025, 6:30PM Please refer enclosed file
  • ABB India - Press Release

    4 Mar 2025, 3:39PM ABB India Limited has informed the Exchange regarding a press release being issued by ABB Group dated March 04, 2025, titled ""ABB and UptimeAI join f
  • ABB India - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    4 Mar 2025, 3:37PM Please refer enclosed file
  • ABB India - General Updates

    26 Feb 2025, 10:36AM ABB India Limited has informed the Exchange about General Updates
  • ABB India - Disclosure Under The Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 201

    26 Feb 2025, 10:38AM Please refer enclosed file
  • ABB India - Disclosure Under The Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 201

    25 Feb 2025, 7:00PM Please refer enclosed file
  • ABB India - General Updates

    25 Feb 2025, 6:59PM ABB India Limited has informed the Exchange about General Updates
  • ABB India - Analysts/Institutional Investor Meet/Con. Call Updates

    24 Feb 2025, 3:26PM ABB India Limited has informed the Exchange about Transcript
  • ABB India - General Updates

    24 Feb 2025, 3:14PM ABB India Limited has informed the Exchange about General Updates
  • ABB India - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    24 Feb 2025, 3:24PM Please refer enclosed file
  • ABB India - Disclosure Under The Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 201

    24 Feb 2025, 3:15PM Please refer enclosed file
  • ABB India - Press Release

    22 Feb 2025, 11:03AM ABB India Limited has informed the Exchange regarding a press release dated February 22, 2025, titled ""ABB India launches new modular LIORA switch
  • ABB India - Product launch

    22 Feb 2025, 11:01AM ABB India Limited has informed the Exchange about Product launch
  • ABB India - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    22 Feb 2025, 11:05AM Please refer enclosed file
  • ABB India - Intimation Of Product Launch

    22 Feb 2025, 11:00AM Please refer enclosed file
  • ABB India - Clarification On Movement In Volume

    19 Feb 2025, 12:38PM Please refer enclosed file
  • ABB India - Clarification sought from ABB India Ltd

    19 Feb 2025, 11:26AM The Exchange has sought clarification from ABB India Ltd on February 19, 2025, with reference to Movement in Volume. <BR><BR>The reply is awaited.
  • ABB India - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    18 Feb 2025, 1:45PM ABB INDIA LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
  • ABB India - Resignation

    18 Feb 2025, 1:34PM ABB India Limited has informed the Exchange regarding Resignation of Mr. Ramankumar Singh as Country HR Head of the Company.
  • ABB India - Analysts/Institutional Investor Meet/Con. Call Updates

    18 Feb 2025, 12:45PM ABB India Limited has informed the Exchange about Link of Recording
  • ABB India - Copy of Newspaper Publication

    18 Feb 2025, 12:35PM ABB India Limited has informed the Exchange about Copy of Newspaper Publication
  • ABB India - Product launch

    18 Feb 2025, 11:47AM ABB India Limited has informed the Exchange about Product launch
  • ABB India - Press Release

    18 Feb 2025, 11:32AM ABB India Limited has informed the Exchange regarding a press release dated February 18, 2025, titled ""ABB India extends low voltage flameproof motor
  • ABB India - Announcement under Regulation 30 (LODR)-Change in Management

    18 Feb 2025, 1:35PM Please refer enclosed file
  • ABB India - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    18 Feb 2025, 12:46PM Please refer enclosed file
  • ABB India - Intimation Of Product Launch

    18 Feb 2025, 11:46AM Please refer enclosed file
  • ABB India - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    18 Feb 2025, 11:33AM Please refer enclosed file
  • ABB India - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    17 Feb 2025, 11:09PM Please refer enclosed file
  • ABB India - Investor Presentation

    17 Feb 2025, 11:05PM ABB India Limited has informed the Exchange about Investor Presentation
  • ABB India - Integrated Filing (Financial)

    17 Feb 2025, 11:03PM Please refer enclosed file
  • ABB India - Integrated Filing- Financial

    17 Feb 2025, 10:59PM Integrated Filing (Financial) for the quarter and financial year ended December 31, 2024
  • ABB India - Outcome of Board Meeting-XBRL

    17 Feb 2025, 10:26PM ABB India Limited has informed the Exchange regarding Outcome of Board Meeting held on 17-Feb-2025 for Dividend
  • ABB India - Intimation Of AGM Date

    17 Feb 2025, 10:15PM Please refer enclosed file
  • ABB India - Intimation Of Book Closure

    17 Feb 2025, 10:08PM Please refer enclosed file
  • ABB India - Book Closure

    17 Feb 2025, 10:08PM ABB India Limited has informed the Exchange that Register of Members & Share Transfer Books of the Company will remain closed from 04-May-2025 to 10-M
  • ABB India - Record Date Intimation

    17 Feb 2025, 10:05PM Please refer enclosed file
  • ABB India - Record Date

    17 Feb 2025, 10:04PM ABB India Limited has informed the Exchange that Record date for the purpose of Dividend is 03-May-2025.
  • ABB India - Press Release

    17 Feb 2025, 8:32PM ABB India Limited has informed the Exchange regarding a press release dated February 17, 2025, titled ""Solid finish with record high revenue and prof
  • ABB India - Board Meeting Outcome for Intimation Of Dividend

    17 Feb 2025, 8:06PM Please refer enclosed file
  • ABB India - Dividend

    17 Feb 2025, 8:05PM ABB India Limited has informed the Exchange that Board of Directors at its meeting held on February 17, 2025, recommended Final Dividend of 33.50 per
  • ABB India - Results- Financial Results For Quarter And Financial Year Ended December 31, 2024

    17 Feb 2025, 7:54PM Please refer enclosed file
  • ABB India - Financial Result Updates

    17 Feb 2025, 7:54PM ABB India Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • ABB India - General Updates

    17 Feb 2025, 6:03PM ABB India Limited has informed the Exchange about General Updates
  • ABB India - Disclosure Under The Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 201

    17 Feb 2025, 5:58PM Please refer enclosed file
  • ABB India - Analysts/Institutional Investor Meet/Con. Call Updates

    11 Feb 2025, 4:42PM ABB India Limited has informed the Exchange about Schedule of meet
  • ABB India - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    11 Feb 2025, 4:36PM Please refer enclosed file
  • ABB India - General Updates

    6 Feb 2025, 3:25PM ABB India Limited has informed the Exchange about General Updates
  • ABB India - Disclosure Under The Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 201

    6 Feb 2025, 3:25PM Please refer enclosed file
  • ABB India - General Updates

    3 Feb 2025, 7:22PM ABB India Limited has informed the Exchange about General Updates
  • ABB India - Disclosure Under The Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 201

    3 Feb 2025, 7:20PM Please refer enclosed file
  • ABB India - General Updates

    3 Feb 2025, 7:18PM ABB India Limited has informed the Exchange about General Updates
  • ABB India - Disclosure Under The Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 201

    3 Feb 2025, 7:14PM Please refer enclosed file
  • ABB India - General Updates

    31 Jan 2025, 11:58AM ABB India Limited has informed the Exchange about General Updates
  • ABB India - Disclosure Under The Regulation 30 Of The SEBI (LODR)Regulations, 2015

    31 Jan 2025, 11:55AM Please refer the enclosed file
  • ABB India - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

    28 Jan 2025, 3:13PM <b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border='1px'><tr> <td><b>Sr. No.</b></td
  • ABB India has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2024

    17 Jan 2025, 7:20PM As of December 2024, 75.00% is owned by Foreign Promoters and 25.00% by Public. <p align=justify> Institutional holds 17.55% (Insurance Companies 1.22
  • ABB India - Press Release

    15 Jan 2025, 11:45AM ABB India Limited has informed the Exchange regarding a press release dated January 15, 2025, titled ""ABB India Celebrates its 75th anniversary"".
  • ABB India - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    15 Jan 2025, 11:46AM Please refer the enclosed file
  • ABB India - Board Meeting Intimation

    26 Dec 2024, 4:16PM ABB INDIA LIMITED has informed the Exchange about Board Meeting to be held on 17-Feb-2025 to consider and approve the Yearly Audited Financial results
  • ABB India - Update on board meeting

    26 Dec 2024, 4:13PM The Board Meeting to be held on 17/02/2025 has been revised to 17/02/2025 Please refer enclosed file
  • ABB India - General Updates

    24 Dec 2024, 6:25PM ABB India Limited has informed the Exchange about General Updates
  • ABB India - Disclosure Under The Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 201

    24 Dec 2024, 6:25PM Please refer enclosed file
  • ABB India - Trading Window-XBRL

    24 Dec 2024, 12:41PM ABB INDIA LIMITED has informed the Exchange about Closure of Trading Window
  • ABB India - Board Meeting Intimation

    24 Dec 2024, 12:36PM ABB INDIA LIMITED has informed the Exchange about Board Meeting to be held on 17-Feb-2025 to consider and approve the Yearly Audited Financial results
  • ABB India - Trading Window

    24 Dec 2024, 12:30PM ABB India Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
  • ABB India - Board Meeting Intimation for To Consider And Approve The Financial Results For The Period Ended December 31, 2024

    24 Dec 2024, 12:24PM ABB India Limitedhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 17/02/2025 ,inter alia, to consider and ap
  • ABB India - Press Release

    18 Dec 2024, 6:41PM ABB India Limited has informed the Exchange regarding a press release dated December 18, 2024, titled ""ABB Group Press Release"".
  • ABB India - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    18 Dec 2024, 6:41PM Refer enclosed file
  • ABB India - Press Release

    18 Dec 2024, 1:23PM ABB India Limited has informed the Exchange regarding a press release dated December 18, 2024, titled ""ABB s Made in India integrated gas analyzer sy
  • ABB India - Announcement under Regulation 30 (LODR)-Press Release / Media Release

    18 Dec 2024, 1:23PM Refer enclosed file
  • ABB India

    19 Dec 2024 , 10:42AM Siemens Gamesa on Wednesday announced selling its power electronics business to ABB which includes assets in India for an undisclosed amount. The transaction would open the opportunities to explore wind energy power electronics business for ABB India. The power electronics business designs and manufactures converters, inverters and control cabinets for wind, solar and storage industries. The transaction is expected to close by 2nd half of 2025. The agreement includes the transfer of around 400 employees, two manufacturing plants located in Spain, as well as additional assets in the US, China, India and Australia. Positive
  • IIT Bombay partners with ABB India

    1 Oct 2024 , 2:13PM ABB India partners with IIT Bombay to establish a laboratory for electrical machines
  • ABB India launches innovative Wireless Home Automation Solutions

    4 Sep 2024 , 2:07PM ABB India launches a smart home automation system - ABB-free@home® in India
  • M&M selects ABB’s PixelPaint for its new EV paint facility

    3 Jul 2024 , 1:01PM ABB’s PixelPaint select by Mahindra, to deliver premium paint options
  • ABB India launches two energy-efficient motor ranges for sustainable industrial growth

    16 Apr 2024 , 2:14PM ABB seeks to bolster its commitment to the "Make in India" initiative and foster self-reliance through the introduction of two new motor ranges
  • ABB India turns half of its manufacturing locations 'water positive'

    22 Mar 2024 , 1:43PM The water positivity index of the ABB Peenya plant is 1.05
  • ABB to power Samskip's new hydrogen-fueled container vessels

    21 Sep 2023 , 2:41PM ABB India bags power, propulsion and automation systems order order from Samskip Group for hydrogen-powered container vessels
  • Tata Steel, ABB India signs MoU to jointly explore technologies

    6 Sep 2023 , 2:16PM Tata Steel, ABB India will jointly explore technologies to help reduce carbon footprint of steel production
  • ABB India secures order from Reliance Life Sciences

    21 Aug 2023 , 2:04PM ABB India bags order for automating Reliance Life Sciences' biopharmaceutical facilities
  • ABB India

    21 Aug 2023 , 12:29PM ABB India has received a breakthrough order for automating Reliance Life Sciences' biopharmaceutical facilities. ABB India would deploy automation and control solutions for their new biosimilars and plasma proteins manufacturing facilities in Nashik, Maharashtra. The scope encompasses complete automation of the manufacturing process using ABB’s flagship Distributed Control System (DCS) Ability™ System 800xA, Remote I/O systems, Batch Recipe Management, and MES Integration. Reliance Life Sciences will harness ABB technology to attain operational excellence, reduce time to market, and ensure strict quality control of their manufacturing processes. Positive for the stock.
  • ABB India

    7 Aug 2023 , 2:30PM ABB India: The company will consider a special dividend on its August 11,2023 board meeting. Positive read thru for the stock.
  • ABB India bags electrification and automation contract for ArcelorMittal Nippon Steel

    30 Jun 2023 , 12:03PM ABB India awarded electrification and automation contract for ArcelorMittal Nippon Steel (AMNS) India's new advanced cold rolling mill
  • ABB India

    23 Mar 2023 , 2:17PM Parason, one of the largest manufacturers & suppliers of pulp and paper machinery has collaborated with ABB in India to automate and up-scale production of sustainable and compostable packaging solutions. The collaboration has been established to help Parason’s customers reduce their reliance on single-use plastics and Styrofoam packaging. ABB robots, integrated with Parason’s machinery, will help to facilitate the effective manufacturing of agro-waste products - creating 100% eco-friendly compostable packaging solutions. ABB initially deployed 10 robots at Parason’s five forming machine cell and added another 20 robots at the end of last year. Positive development for ABB India.
  • ABB, Parason collaborate to scale up sustainable packaging in India

    23 Mar 2023 , 1:06PM ABB robots help Parason to increase equipment effectiveness by 30%
  • ABB India to enable intelligent automation for THINK Gas' network

    30 Jun 2022 , 2:03PM ABB will automate operations across THINK Gas' entire network
  • ABB India

    5 May 2022 , 10:07AM ABB India reported strong standalone results both on revenue and profit front in Q1CY22. Its revenue grew by ~21% YoY to Rs 1,968 crore while net profit grew two-fold to Rs 370 crore YoY. Total order intake surged to Rs 2,291 crore (up 26% YoY), the highest for the first quarter in the last five years. Its order backlog stands at Rs 5,229cr. Positive for the stock
  • ABB India

    3 Mar 2022 , 2:20PM ABB India: The company completed the sale of its turbocharger business to Turbocharging Industries and Services India, as a going concern, on a slump sale basis to its wholly-owned subsidiary for Rs 310 crore. Positive for the stock.
  • ABB launches flameproof low voltage motors for explosive atmospheres

    5 Jan 2022 , 2:22PM ABB’s new range of low voltage flameproof motors are designed for safe use in applications
  • ABB India to sell its turbocharger biz to arm for Rs. 310 crore

    22 Dec 2021 , 2:07PM ABB India to sell its Turbocharger biz to arm for Rs 310 cr on slump sale basis
  • ABB India to provide electrification at JSW Steel plant

    13 Oct 2021 , 2:08PM ABB India provides Electrification, Drives & Automation solutions to world's longest conveyor systems
  • ABB India

    5 Aug 2021 , 2:51PM ABB India launches premium range of switches. ABB’s latest Millenium and Zenit switches range will be manufactured in India at ABB’s Smart Buildings factory in Bengaluru. The factory is one of the first in India to introduce assembly of switches using ABB’s YuMi cobot, a dual arm collaborative robot designed to work safely alongside humans without the need for fences. The factory has the capacity to manufacture over 1,000,000 switches in a year, owing to the increased efficiency achieved by the application of robotics and automation in the facility. Both Zenit and Millenium range of switches come with ten years warranty on standard parts and two years warranty on electronics
  • ABB India

    27 Jul 2021 , 1:50PM ABB Group: The Group has announced plans to divest Mechanical Power Transmission division (Dodge) to RBC Bearings for $2.9 billion. The transaction will create a leading manufacturer of highly engineered, performance-critical bearings and motion control components. The transaction is expected to be completed by the end of the year 2021, subject to customary closing conditions, including regulatory review.
  • ABB India

    28 Apr 2021 , 11:46AM ABB India reported good results for Q1CY21 considering market expectations. Revenues grew 7% y-o-y which remained while margins came at 8.1% compared to 1% in Q1FY20 (higher than market expectation) and APAT increased double fold to Rs 151 crore vs Rs 66 crore adjusting to exceptional items the APAT came at Rs 76 crore vs Rs 9 crore. Order inflow came at Rs 1825 crore (-6.6% y-o-y, 24.1% y-o-y) and OB at Rs 4328 crore (-2.8% y-o-y).
  • ABB forms partnership with Surat Municipal Corporation

    15 Jan 2021 , 1:55PM Smart, safe and sustainable electrification delivers clean water supply in Surat
  • ABB India launches Formula DIN-Rail

    7 Jan 2021 , 1:52PM ABB India launches a new range of circuit breakers for electrical retail market
  • ABB completes large-scale remote commissioning of winder drives for ITC

    16 Dec 2020 , 12:28PM ABB completes large-scale remote commissioning of winder drives for major paper producer in India
  • ABB launches anti-bacterial switches and sockets

    8 Jul 2020 , 10:51AM ABB launches anti-bacterial switches and sockets to keep surroundings safe
  • ABB India sells solar inverter biz for Rs. 100 crore

    11 Mar 2020 , 12:25PM Board's approval for sale of Company's Solar Inverter Business
  • ABB India bags order worth Rs. 191 crore

    12 Feb 2020 , 10:22AM ABB India strengthens its presence in traction business and oil exploration
  • ABB board nods sale of its Rajahmundry unit

    5 Apr 2019 , 1:47PM ABB plans to sell a part of its Allahabad land
  • ABB wins order from Indian Railways

    19 Feb 2019 , 2:33PM ABB bags Rs. 270 crore order for train technologies from Indian Railways
  • ABB wins Rs. 115 cr transformer order from Indian Railways

    17 Oct 2018 , 3:15PM ABB to supply traction transformers for most powerful passenger electric locomotives
  • ABB India net profit up 36.1% in Q1FY2019

    20 Jul 2018 , 11:33AM ABB India revenue was up 21.5% at Rs 2,713crore
  • ABB in talks to buy out L&T's electrical business

    21 Jun 2017 , 10:48AM ABB is in discussions with L&T to acquire its electrical and automation division valuing it around Rs14000-18000crore

Key fundamentals

Evaluate the intrinsic value of ABB India Ltd stock 

Name December-23 December-22 December-21 December-20 December-19
Assets 5944.6 4939.41 4045.19 3606.38 3527.17
Liabilities 5944.6 4939.41 4045.19 3606.38 3527.17
Equity 42.38 42.38 42.38 42.38 42.38
Gross Profit 1489.78 961.87 556.71 275.94 531.15
Net Profit 1242.05 1016.23 519.71 219.22 303.4
Cash From Operating Activities 1351.48 741.94 649.24 318.22 666.87
NPM(%) 11.88 11.86 7.49 3.76 4.14
Revenue 10446.52 8567.53 6934 5820.95 7315.06
Expenses 8956.74 7605.66 6377.29 5545.01 6783.91
ROE(%) 18.31 14.98 7.66 3.23 4.47

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
33.5 1675 0.86 5241.9
23 Aug 2024 10.66 533 0.86 7465.7
23.8 1190 0.86 4524.5
25 Aug 2023 5.5 275 0.86 4526.65
27 Apr 2023 5.5 275 0.86 3166.3
27 Apr 2022 5.2 260 0.86 2238
19 Apr 2021 5 250 0.86 1445
16 Jul 2020 4.8 240 0.86 1274.45
26 Apr 2019 4.8 240 0.86 1244.5
27 Apr 2018 4.4 220 0.86 1590.8
28 Apr 2017 4 200 0.86 1225.6
13 Apr 2016 3.7 185 0.86 1151.55
28 Apr 2015 3.7 185 0.86 1363.95
25 Apr 2014 3 150 0.86 667.25
30 Apr 2013 3 150 0.86 583
02 May 2012 3 150 0.86 875.7
02 May 2011 2 100 0.86 695.15
03 May 2010 2 100 0.86 794.6
11 May 2009 2.2 110 0.86 399.4
26 May 2008 2.2 110 0.86 1316.65
14 May 2007 10 100 0.86 3919.15
12 May 2006 8 80 0.86 2482.75
11 May 2005 7 70 0.86 997.5
12 Apr 2004 6 60 0.86 708.85
27 Mar 2003 6 60 0.86 276.25
22 Mar 2002 0 50 0.86 243.6
17 May 2001 0 50 0.86 256.95
0 50 0.86 289.55
0 50 0.86 271.75
0 50 0.86 381.75

Peers

Other companies within the same industry or sector that are comparable to ABB India Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Alpex Solar Ltd 541.85 -2.34 30.09 12530.38 108.52 0.00
Lakshya Powertech Ltd 169.60 -4.99 9.60 3743.28 155.47 0.00
Rex Pipes and Cables Industries Ltd 63.20 0.00 15.19 4838.40 50.22 0.00
Exicom Tele-Systems Ltd 136.22 -2.32 0.00 61862.14 52.90 0.00

Company Info

1949 - The company was Incorporated on 24th December, at Mumbai. The main objects of the company is to manufacture transformers, electric motors, all-aluminium conductors, furnaces, extra H.T. airblast circuit breakers, panels and switchboards. - Asea Brown Boveri (ABB), established a subsidiary of the Swedish-Swiss ABB Asea Brown Boveri. The ABB group, comprising about 1000 companies, has operations in 140 countries and is involved in power generation, transmission and distribution (T&D), industrial equipments and systems, and factory automation. 1964 - In August, 20,000 Pref. shares issued to collaborators. 1,20,000 Right Equity shares offered at par in prop. 1:1. 1965 - In September, the Company's name was changed from Hindustan Electric Co. Ltd., to Hindustan Brown Boveri Ltd. 1976 - 60,000 Bonus Equity shares issued in prop. 1:4. 1978 - 1,00,000 Bonus Equity shares in prop. 1:3. 1982 - The Company issued on 12th April, 1,00,000-13.5% secured non-convertible debentures of Rs 100 each as rights to resident Indian equity shareholders. These debentures are redeemable at a premium of 5% on the expiry of the 7th year in four annual instalments commencing from 1989. - The Company allotted 5,00,000-18% non-convertible debentures of Rs 100 each by private placement basis to financial institutions. These debentures are redeemable at a premium of 5% in three equal annual instalments commencing from 1998 with premium payable in the second instalment. 1984 - The project for the manufacture of industrial steam turbines with Gujarat Industrial Investment Corporation Ltd., progressed with Government approving the collaboration agreement with AG Kunhle, Kopp & Kausch, West Germany. 1986 - The company allotted to each of UTI and LIC 1,50,000-15% non-convertible debentures of Rs 100 each by private placement aggregating to Rs 300 lakhs. The debentures are redeemable in 1933 at a premium of 5%. - 1,00,000 Right Equity shares issued (prem. Rs 60 per share, prop. 1:4). 5,000 No. of equity shares were offered to employees (prem. Rs 60 per share). Another 2,500 No. of equity shares were offered to BBC Brown Baveri & Co. Ltd., Switzerland in addition to their rights entitlement. All shares were allotted on 1.11.1986 except 196 shares of the employees quoted which were allotted on 3rd August 1987. 1987 - On 9th January, the Company set up "Integra Hindustan Control Ltd." for the manufacture of relay and signalling equipment for the Railways using technology of Integra Ltd., Zurich, Switzerland. This project was set up at Halol in Panchmahan district of Gujarat State. - The Company jointly with Pradeshiya Industrial and Investment Corporation of U.P. Ltd., promoted a company under the name of National Switchgears Ltd. - The joint venture company set up a project for the manufacture of switchgears at Rae Bareli, U.P. - The Industrial licences were received for mini-computer/ microprocessor based systems, modems, switch mode power supplier and keyboards. - The Company entered into collaboration with Danish Windpower A/s, Denmark for the manufacture of wind energy conversion systems. 1988 - The Electronics division was commissioned power line carrier communication equipment for the HVDC line developed by the Andhra Pradesh Electricity Board. - Consequent to the merger of Asea (renamed ABB), Sweden, and BBC Brown Boveri (renamed ABB), Switzerland, the Indian operations of both companies were also merged. - 40,000 Pref. shares converted into 20,000 No. of equity shares (prem. Rs 100 per share). 1989 - The first back-to-back high voltage direct current transmission link for NTPC at Vindhyachal, connecting the Northern and Western regional power grids was commissioned in August. - Asea Ltd. (ASL), was amalgamated with Hindustan Brown Boveri Ltd. (HBBL), with effect from 1st January. Pursuant to the Scheme of Amalgamation HBBL were to issue and allot to the equity shareholders of ASL, 45,85,590 No. of equity shares of Rs 10 each at par of HBBL credited as fully paid up in the proportion of 5 equity shares of HBBL for every 6 equity shares of ASL held. - Pursuant to the Scheme of Amalgamation of Asea Ltd., with the Company, the name of the Company was changed from Hindustan Brown Boveri Ltd. to Asea Brown Boveri Ltd., with effect from 13th October. 1990 - Shares subdivided on 16th March 1989. 45,85,590 No. of equity shares of Rs 10 each then issued without payment in cash to members of Asea Ltd., in prop. 5:6. 1992 - The Company issued 49,30,295 No. of equity shares of Rs 10 each at a premium of Rs 50 per share on rights basis in the proportion of 1:2 (all were taken up). Additional 7,39,544 shares were allotted to retain oversubscription. - The parent company increased its equity stake in ABB from 40 to 51 per cent in 1992. - Another 2,46,515 No. of equity shares of Rs 10 each at a premium of Rs 50 per share were offered to the employees. All were taken up. - Simultaneously, the Company issued 47,54,734 No. of equity shares of Rs 10 each at a premium of Rs 50 per share to the foreign collaborators viz., ABB Asea Brown Boveri Ltd., on private placement basis to raise their holding to 51% after issue and allotment of rights shares, additional shares and shares to employees. 1994 - The Company offered to take a majority stake in a BIFR registered boiler manufacturing company in India that would enable the Company to provide full range of equipment and turnkey services for building power plants in the country. The Company made an entry into low voltage switchgear business. - A joint venture company namely `ABB Daimler-Benz Transportation AG' (AD Tranz) was established by ABB Zurich and Daimler-Benz AG, Germany in Germany. - A subsidiary of AD Transz was incorporated in India viz., `ABB Daimler-Benz Transportation (India) Ltd.' which took over the Transportation business of the Company effective 1st January, 1996. - Another group company - Flakt India - in which the parent held 51 per cent was merged with ABB. ABB has always been a key supplier of power equipments in the country, ushering in the latest technology. - The Company set up a new factory at Mysore in Karnataka State for the manufacture of various electronics products including EPABX exchanges. - Another group company - Flakt India - in which the parent held 51 per cent was merged with ABB. ABB has always been a key supplier of power equipments in the country, ushering in the latest technology. - Amalgamation of Flakt India Ltd., with Asea Brown Boveri Ltd. with effect from 5th October. Pursuant to the scheme of amalgamation, Flakt India Ltd. were to issue 36,88,196 No. of equity shares of Rs 10 each at par of the Company credited as fully paid up in the proportion 1:2. 1995 - The company was awarded the engineering procurement construction (EPC) job for the Integrated steel project. 1996 - All the Gas Turbines of the combined cycle power plant for GVK Industries Ltd. were commissioned. The entire undertaking relating to the Transportation business was transferred as a going concern to ABB Daimler-Benz Transportation (India) Ltd. - GVK's 235-MW Jegurupadu CCPP, for which ABB Asea Brown Boveri was the turnkey EPC contractor, became the first fast track power project to go on stream. 1997 - Transmission and Distribution segment introduced new products like 72.5 KV switchgears for the U.S. market and indigenous static relays. Major substation commissioned during the year include 220 KV switchyard for Andhra Pradesh State Electricity Board and 145 KV switchyard for Bhushan Steel Ltd. - A process control system for petrochemical complex of Reliance Industries Ltd. at Hazira was commissioned. - The Company proposed to commission greenfield transformer project at Vadodara. - 103,54,589 Bonus shares issued in prop. 1:3. - ABB has taken majority stake holding in Birla-Kent Taylor acquiring 51 per cent in the company from C K Birla group, while the other company has become its fully-owned subsidiary. - ABB has taken stakes in the following projects. 1) Neyveli Power project in Tamil Nadu (250 MW) developed by CMS generations 2) Jegurupadu power project in AP (235 MW) developed by GVK industries (five percent stake) 3) Pench power project in MP (500 MW) developed by Soris funds (20 percent stake). - Asea Brown Boveri of Switzerland has picked up 70 lakh preferential shares in ABB-ABL, the Durgapur-based boiler maker which was taken over by ABB India under a rehabilitation plan cleared by the Board of Industrial and Financial Reconstruction. - ABB Holdings of South Asia will pick up the cumulative redeemable preferential shares of Rs.100 per share with 13 per cent return on investment for a period of 10 years. - ABB Holdings South India Ltd. already set up a 100 per cent subsidiary in the country. This company would act as a holding company and consolidate the shareholding of ABB Switzerland and its overseas subsidiaries held in different Indian companies. - ABB has recently set up a greenfield turbine and generator facilities in Baroda. The plant has an annual capacity of 1500 MW (15 x 100 MW or 3 x 500 MW) but it will start with the manufacture of only steam turbines upto 100 MW. - The ABB group has developed many innovative technologies such as SF6 technology for circuit breakers, Advant open control system (for process industries) and direct torque control technology (for variable speed drives). - ABB has a joint venture - ABB Alfa Stal Refrigeration - with Alfa Laval for food and non-food refrigeration systems. - Industry and building systems is being expanded. An engineering centre for petrochemical processing and a software centre for development of automation and control systems are proposed to be set up. The company has a inhouse R&D centre. - ABB will install paint finishing systems for Volvo India Ltd, a 100 per cent subsidiary of Swedish automobile giant Volvo, for its heavy duty truck manufacturing unit coming up at Hoskote near Bangalore. ABB's contract with Mahindra & Mahindra involves upgradation of the latter's manufacturing facility at Andhra Pradesh. - The power purchase agreement (PPA) for the Andhra Pradesh power project was signed on March 31, after the Mittals acquired the contract for the project through participation in the global tender floated by the Andhra Pradesh State Electricity Board earlier. - The Confederation of Indian Industry (CII) and Asea Brown Boveri (ABB) have signed a MoU for setting up a total quality management institute. It will provide a range of education and training programmes on quality aimed at industry, service institutions, educational bodies and Government agencies. - The 10,800 No. of equity shares are proposed to be acquired by ABB Zurich through ABB South Asia Holdings Limited. - ABB is setting up a communication link at Korba for the Daewoo project. - Asea Brown Boveri Limited (ABB) has formed two joint ventures to build a new service organisation in ABB Poland to provide the widest scope of service activities for electrical industrial equipment. - The companies viz., ABB Huta Katowice Services Ltd, a 60:40 joint venture between ABB and Huta Katowice, and ABB Service Ltd, a 65:35 joint venture between ABB and Dolnoslaska Spolka Inwestychjna (DSI) is owned by KGHM Polish Copper. - ABB Oil and Gas Europe BV (Lummus) of the Netherlands, part of the Zurich-based $35-billion Asea Brown Boveri group, intends to set up a wholly-owned subsidiary in India to cater to the petrochemicals/chemicals and other core sector industries in India. 1998 - Electrical engineering giant Asea Brown Boveri (ABB) is increasing its stake to 74 per cent in the joint venture with M P Birla group company Universal Cables. - ABB has signed an agreement with the Birlas to increase its equity in Universal ABB Power Cables Ltd. from present 51 per cent and will approach the Foreign Investment Promotion Board (FIPB) for bringing in the foreign investment. - Universal-ABB Power Cables, a joint venture between MP Birla group and ABB set up to manufacture high and extra high voltage (EHV) XLPE power cables has inaugurated its plant at Satna, Madhya Pradesh. The plant incorporates advanced and fully automated cable manufacturing technology. - Universal ABB Power Cables Ltd, a joint venture between the MP Birla group and ABB, has commissioned its new plant to manufacture high and extra high voltage (EHV) XLPE power cables. The plant, the first of its kind in south Asia, incorporates the latest technology in cable manufacturing called the vertical continuous vulcanisation (VCV) process through an automated, 105 metre tall vulcanisation line. - ABB Ltd, the Swiss-Swedish electrical engineering major, has picked up 50 per cent equity stake in the Rs.4,690-crore Korba East power project promoted by Daewoo Power, a 100 per cent subsidiary of the Korean chaebol. - Daewoo has taken up another power project in Kol Dam, Himachal Pradesh, in which ABB holds minority stake along with Bechtel and Siemens. - ABB ABL, a member of the Swedish multinational group Asea Brown Boveri, is introducing the Ljungstrom rotary air-preheaters to the Indian boiler market under the licence of ABB Air Preheater Inc., (API) USA. - ABB-AAPL Projects (AAPL) will be merged with the Swedish electrical giant to dovetail its Indian operations and carry forward ABB's overall restructuring plan adopted at Zurich in August. - The company offered a two-stage voluntary retirement scheme (VRS) which reduced manpower from 5,600 to around 3,500. - Public Sector National Thermal Power Corporation (NTPC) signed a memorandum of understanding with the Swedish conglomerate ABB for the formation of a joint venture for its renovation and modernisation programmes to be carried out both within and outside the country. 1999 - In the letters of intent, ABB has signed an EPC contract for the Videocon project. - ABB India shareholders are likely to get one equity share of Rs. 10 each in Powerco for every share (Rs. 10) held in ABB, and the overall restructuring package may prove valuable to them in the long term. - ABB Holdings (South Asia) Ltd has put in a proposal seeking government's approval to buy out Hartmann & Braun's 51 per cent equity stake in CG-Elsag Bailey Ltd. - ABB Holdings is acquiring 20.40 lakh equity shares having a face value of Rs 10 per share in CG-Elsag Bailey. - ABB company will issue and allot one equity share of Powerco of the face value of Rs 10 each for every one equity of face value of Rs 10 each held by the shareholders of ABB. - ABB acquired a 51 per cent stake in Lenzhom Electric Company, a Mumbai based engineering servicing firm. - The company has initiated a marketing agreement with the public-sector Indian Oil Corporation (IOC), according to which, 50 per cent of the offtake from the refinery would be through IOC, and the balance through BPCL. 2000 - The Company launched new 400 kv transformers. - The Company has announced the introduction of electronic Alpha energy meters for better electricity monitoring in India. - Crisil has assigned a `P1 ' rating to the Rs 100-crore commercial paper programme of Asea Brown Boveri Ltd. 2001 - The Company a global power company, will et up a research and development base in India for developing products catering to the domestic and global market. - ABB decided to consolidate its Indian operations and, as the first step, the Swedish conglomerate plans to merge all its Indian subsidiaries. -The board of directors of Asea Brown Boveri Ltd, India (ABB), has appointed Mr Ravi Uppal as the Managing Director and Country Manager (for India) with effect from mid-October. Mr Uppal will replace Mr K.K.Kaura, who has resigned from ABB to pursue other professional interests outside the group. -Asea Brown Boveri Ltd (ABB) has posted a 10.04 per cent increase in net profit at Rs 14.72 crore for third quarter ended September 30, 2001. 2002 - Asea Brown Boveri Ltd has informed the Board of Directors of the Company has appointed the following new Directors: 1 Mr Peter Smits (in the casual vacancy caused on the Board by the resignation of Mr Sune Karlsson) 2 Mr Dinesh Paliwal 3 Mr N S Raghavan 4 Mr Nasser Munjee -The Board of Directors of Asea Brown Boveri Ltd at its meeting held on July 31, 2002 redeemed 7,50,000 11% Redeemable Preference Shares of Rs 100 each along with the pro rata dividend thereon.The preference shares had been issued by the company on amalgamation of erstwhile ABB Instrumentation Ltd, with the company and were held by ABB Holdings South Asia Ltd. -Asea Brown Boveri Ltd has informed that Mr B Gururaj has been appointed as Asst Vice President & Company Secretary of Asea Brown Boveri Ltd, in place of Mr A S Khandwala who has resigned from services of the company. Board also appointed Mr Gururaj Asst Vice President & Company Secretary, as Compliance Officer of the company. -K N Shenoy to step down as Chairman and member of Board of ABB. -Asea Brown Boveri Ltd has informed the following changes in the Board of Directors . Mr Peter Smits, Director was elected as Chairman in place of Mr Shenoy. Mr Ravi Uppal, Managing Director is appointed as Vice Chairman and designated as Vice Chairman & Managing Director. Mr Eric Drewery resigned as a Director of the Company and in his place Mr Peter Leupp was appointed as a Director.Mr Boonkiat Sim was appointed as an Additional Director on the Board of Directors of the Company. 2003 -ABB has been awarded its single largest export order to date, valued at Rs.1680million by PUblic Establishment of Electricity for Generation and Transmission (PEEGT). -ABB India has divested its air-handling equipment unit in India to Flakt India. -Mr Ravi Uppal, Vice-Chairman and MD, ABB India and honorary Chairperson of the Association of Indo-Swedish Companies has been conferred the honour of the Royal Order of the Polar Star. -ABB Ltd has tied up with Intel, Microsoft and Accenture to give shape to what will be the factory of the future. -ABB Ltd has been awarded major orders for Aluminium and Zinc smelters worth around Rs.1100million by Sterlite Group. -ABB Ltd has informed that the company has received on December 2, 2003, a certificate of Registration of the Order of CLB confirming transfer of the Registered Office of the Company from the State of Maharashtra to the State of Karnataka. Accordingly, the Registered Office of the Company has now been shifted from Mumbai, in the State of Maharashtra, to Banglore, in the State of Karnataka, and located at the following address: ABB Ltd, 2nd Floor, East Wing, Khanija Bhavan,49,Race Course Road, Banglore 560 001. Telephones: 91 80 2250295, 2254543, 2254546 Telefax: 91 80 2281103. 2004 -Dinesh Paliwal appointed as Chairman of ABB India -ABB India gets Asiamoney award for 2003 - ABB introduces new range of wiring accessories including switches, regulators and sockets for Indian market 2005 -ABB has won the first major equipment order for 765 kV extra-high voltage (EHV) transformers and shunt reactors from the National Thermal Power Corporation (NTPC) and Power Grid Corporation of India Ltd (PGCIL) -ABB wins $ 80 m order from NTPC, PGCIL -ABB gets orders worth Rs 135 cr from Middle East 2006 -ABB inks MoU with IIT Delhi -ABB Ltd - Wins an automation order from ONGC worth of Rs.430 crores 2007 -ABB India wins Rs 186 crore order for integrated power distribution management system. - ABB Ltd has announced that ABB India has won a Rupees 933 million (93.3 crore) order from KHD Humboldt Wedag GmbH, Germany, to provide a turnkey electrics and automation solution for a 5000 TPD (tonnes per day) capacity green-field cement plant at Katrana in Jordan. - The Company has splits its face value from Rs10/- to Rs2/-. -ABB India wins Rs 311 crores power & automation order -ABB India wins Rs 93 crore order for cement plant in Jordan -ABB wins power order worth more than $400 million for world's largest offshore wind farm 2008 -ABB wins substation orders from Powergrid for Rupees 330 crores -ABB secures Rs 455cr Vedanta contract -ABB to acquire Kuhlman Electric Corporation from The Carlyle Group -ABB wins $87 million order in U.S. to expand capacity of power transmission system 2009 - ABB Ltd has wins Rs 425 crore substation orders in India. - ABB, the leading power and automation technology group, has won orders wroth Rs 220 crore form Tata Projects Limited to provide power products and solutions for a super-critical coal-fired power plant under construction in the southern Indian state of Andhra Pradesh. - ABB has bagged an order worth Rs. 128.30 crore from state-run Power Grid Corporation of India (PGCIL) for setting up a 400-kV gas insulated switchgear sub-station to strengthen the power transmission network in Gujarat. 2010 - ABB Limited has bagged orders worth around Rs 145 crore from the Bharathiya Rail Bijlee Company Limited (BRBCL). -ABB Ltd, the power and automation technology firm, has bagged orders worth $22 million (nearly Rs 100 crore) from Haryana Vidyut Prasaran Nigam in order to supply four sub-stations. -ABB inaugurates global wind power generator factory in India -ABB India acquires Metsys. 2011 -ABB bags US$120mn power transmission order in China. - ABB inaugurates new production line for miniature circuit breakers. - ABB bags Rs 16 crore order for solar plants to provide high end solution. - ABB wins Rs. 175 crore substation order in India to improve grid reliability. - ABB Group books Rs. 4000 crores UHVDC power transmission order in India. 2012 - ABB wins Rs.75 crore order in India to power metro for pink city. - ABB wins Rs. 175 crore order to strengthen Western India's power grid. - ABB's Gary Steel receives lifetime achievement award in HR excellence. 2013 -ABB inaugurates two new manufacturing plants for power products in India. -The Company has changed its name from ABB Ltd. to ABB India Ltd. 2014 - ABB substation in Southern India to help meet growing power demand. -ABB commissions world record voltage circuit breaker. -ABB wins Rs. 334 Crore orders to boost power capacity and strengthen. -ABB wins power products orders worth Rs. 310 crore in India. 2015 -ABB India Ltd has won an order worth Rs 256 crore from Ceylon Electricity Board (CEB), Sri Lanka. -ABB welcomes Solar Impulse to India -ABB India Ltd has won an order of Rs 90 crore from Techno Electric and Engineering Company (Techno) -ABB India launches free@home - Making home automation easier than ever -ABB India wins Rs.125 crore order to upgrade three substations in agricultural belt -ABB India Ltd has secured orders worth Rs 119 crore to provide plant electrification, automation and substation solutions for solar power plants -ABB India has introduced the first 800 kilovolt (kV) converter transformer which is manufactured at their Vadodara facility in Gujarat 2016 -ABB joins with Welspun Energy for PV projects -ABB opens its GBS center in India -ABB integrates 648 MW solar project at Kamuthi in Tamil Nadu to the national transmission grid. -ABB connects power to the Indian grid from one of the world's largest solar plants -ABB India doubles solar inverter manufacturing capacity with a new state of the art factory -ABB wins order to supply 1600 transformers to support railway expansion in India 2017 - ABB technology powers new cable car Zugspitze - ABB confirmed as the #1 in Distributed Control Systems globally - ABB achieves breakthrough with world's most powerful HVDC transformer - ABB's innovative flash-charging technology goes live - ABB named global leader in SCADA systems for the power sector - New ABB Ability remote services help boost wind parks' performance - ABB unveils newest member of the YuMi family - ABB and HPE bring intelligence to industrial plants - ABB and Northvolt partner for Europe's largest battery factory - ABB drives the expansion of e-mobility fast charging infrastructure in Germany - ABB completes acquisition of KEYMILE's communication networks business - ABB software based solution to support research institute in Inner Mongolia - ABB delivers DolWin2 wind connection - World's largest floating photovoltaic power plant test-bed features ABB technology - ABB inaugurates traction transformer plant in South Africa - ABB writes the next chapter in pioneering high voltage direct current technology - ABB wins breakthrough transformer order to support sustainable mobility in Austria 2019 -ABB India - PCS Certificate Jul To Dec 2018 -ABB India Limited has approved a scheme of arrangement amongst the Company, ABB Power Products and Systems India Limited (a newly incorporated wholly owned subsidiary of the Company) and their respective Shareholders and Creditors --ABB India, NITTTR set up digital simulation lab in Chandigarh 2020 -Apportionment of the cost of acquisition of equity shares - Scheme of Arrangement approved by NCLT vide order dated November 27, 2019. -ABB India - Board's Approval For Sale Of Company's Solar Inverter Business -ABB India's Nelamangala, Bengaluru Campus certified green; receives highest IGBC Rating -ABB gives update on planned IPO of E-mobility business 2021 -ABB India launches new range of circuit breakers for electrical retail market -ABB India - Divest/Sell Its Turbocharger Business In The Process Automation Business -ABB India to incorporate wholly owned subsidiary to operate its turbocharger biz -ABB E-mobility opens its largest DC fast charger production facility in Italy 2022 -ABB acquires controlling interest in InCharge Energy, strengthening its EV charging solutions in the U.S. -ABB E-mobility increases majority stake in Chinese EV charging provider Chargedot. -ABB and PACCAR support EV customers with advanced charging solutions for trucks. -ABB delivers robots to Scania's new battery assembly plant. -ABB invests in climate tech start-up Tallarna. 2023 -ABB forms strategic partnership with Titagarh for metro projects in India. -ABB India awarded electrification and automation contract for ArcelorMittal Nippon Steel (AMNS) India's new advanced cold rolling mill. -ABB expands production footprint of\r\nall-compatible drives portfolio in India. -ABB India inaugurates state-of-the-art factory in Nashik. 2024 -ABB invests in Engineering Software Steyr (ESS) to reduce costs and emissions for automotive paint shops. -ABB opens new $100 million campus in Wisconsin. -ABB investing $35 million in new U.K. earthing and lightning protection factory. -ABB expands electrification portfolio with acquisition of Siemens' Wiring Accessories business in China. -ABB invests in Ndustrial to accelerate decarbonization through AI-powered energy management technologies. -ABB opens new _20 million energy-efficient factory in Belgium.

1949 - The company was Incorporated on 24th December, at Mumbai. The main objects of the company is to manufacture transformers, electric motors, all-aluminium conductors, furnaces, extra H.T. airblast circuit breakers, panels and switchboards. - Asea Brown Boveri (ABB), established a subsidiary of the Swedish-Swiss ABB Asea Brown Boveri. The ABB group, comprising about 1000 companies, has operations in 140 countries and is involved in power generation, transmission and distribution (T&D), industrial equipments and systems, and factory automation. 1964 - In August, 20,000 Pref. shares issued to collaborators. 1,20,000 Right Equity shares offered at par in prop. 1:1. 1965 - In September, the Company's name was changed from Hindustan Electric Co. Ltd., to Hindustan Brown Boveri Ltd. 1976 - 60,000 Bonus Equity shares issued in prop. 1:4. 1978 - 1,00,000 Bonus Equity shares in prop. 1:3. 1982 - The Company issued on 12th April, 1,00,000-13.5% secured non-convertible debentures of Rs 100 each as rights to resident Indian equity shareholders. These debentures are redeemable at a premium of 5% on the expiry of the 7th year in four annual instalments commencing from 1989. - The Company allotted 5,00,000-18% non-convertible debentures of Rs 100 each by private placement basis to financial institutions. These debentures are redeemable at a premium of 5% in three equal annual instalments commencing from 1998 with premium payable in the second instalment. 1984 - The project for the manufacture of industrial steam turbines with Gujarat Industrial Investment Corporation Ltd., progressed with Government approving the collaboration agreement with AG Kunhle, Kopp & Kausch, West Germany. 1986 - The company allotted to each of UTI and LIC 1,50,000-15% non-convertible debentures of Rs 100 each by private placement aggregating to Rs 300 lakhs. The debentures are redeemable in 1933 at a premium of 5%. - 1,00,000 Right Equity shares issued (prem. Rs 60 per share, prop. 1:4). 5,000 No. of equity shares were offered to employees (prem. Rs 60 per share). Another 2,500 No. of equity shares were offered to BBC Brown Baveri & Co. Ltd., Switzerland in addition to their rights entitlement. All shares were allotted on 1.11.1986 except 196 shares of the employees quoted which were allotted on 3rd August 1987. 1987 - On 9th January, the Company set up "Integra Hindustan Control Ltd." for the manufacture of relay and signalling equipment for the Railways using technology of Integra Ltd., Zurich, Switzerland. This project was set up at Halol in Panchmahan district of Gujarat State. - The Company jointly with Pradeshiya Industrial and Investment Corporation of U.P. Ltd., promoted a company under the name of National Switchgears Ltd. - The joint venture company set up a project for the manufacture of switchgears at Rae Bareli, U.P. - The Industrial licences were received for mini-computer/ microprocessor based systems, modems, switch mode power supplier and keyboards. - The Company entered into collaboration with Danish Windpower A/s, Denmark for the manufacture of wind energy conversion systems. 1988 - The Electronics division was commissioned power line carrier communication equipment for the HVDC line developed by the Andhra Pradesh Electricity Board. - Consequent to the merger of Asea (renamed ABB), Sweden, and BBC Brown Boveri (renamed ABB), Switzerland, the Indian operations of both companies were also merged. - 40,000 Pref. shares converted into 20,000 No. of equity shares (prem. Rs 100 per share). 1989 - The first back-to-back high voltage direct current transmission link for NTPC at Vindhyachal, connecting the Northern and Western regional power grids was commissioned in August. - Asea Ltd. (ASL), was amalgamated with Hindustan Brown Boveri Ltd. (HBBL), with effect from 1st January. Pursuant to the Scheme of Amalgamation HBBL were to issue and allot to the equity shareholders of ASL, 45,85,590 No. of equity shares of Rs 10 each at par of HBBL credited as fully paid up in the proportion of 5 equity shares of HBBL for every 6 equity shares of ASL held. - Pursuant to the Scheme of Amalgamation of Asea Ltd., with the Company, the name of the Company was changed from Hindustan Brown Boveri Ltd. to Asea Brown Boveri Ltd., with effect from 13th October. 1990 - Shares subdivided on 16th March 1989. 45,85,590 No. of equity shares of Rs 10 each then issued without payment in cash to members of Asea Ltd., in prop. 5:6. 1992 - The Company issued 49,30,295 No. of equity shares of Rs 10 each at a premium of Rs 50 per share on rights basis in the proportion of 1:2 (all were taken up). Additional 7,39,544 shares were allotted to retain oversubscription. - The parent company increased its equity stake in ABB from 40 to 51 per cent in 1992. - Another 2,46,515 No. of equity shares of Rs 10 each at a premium of Rs 50 per share were offered to the employees. All were taken up. - Simultaneously, the Company issued 47,54,734 No. of equity shares of Rs 10 each at a premium of Rs 50 per share to the foreign collaborators viz., ABB Asea Brown Boveri Ltd., on private placement basis to raise their holding to 51% after issue and allotment of rights shares, additional shares and shares to employees. 1994 - The Company offered to take a majority stake in a BIFR registered boiler manufacturing company in India that would enable the Company to provide full range of equipment and turnkey services for building power plants in the country. The Company made an entry into low voltage switchgear business. - A joint venture company namely `ABB Daimler-Benz Transportation AG' (AD Tranz) was established by ABB Zurich and Daimler-Benz AG, Germany in Germany. - A subsidiary of AD Transz was incorporated in India viz., `ABB Daimler-Benz Transportation (India) Ltd.' which took over the Transportation business of the Company effective 1st January, 1996. - Another group company - Flakt India - in which the parent held 51 per cent was merged with ABB. ABB has always been a key supplier of power equipments in the country, ushering in the latest technology. - The Company set up a new factory at Mysore in Karnataka State for the manufacture of various electronics products including EPABX exchanges. - Another group company - Flakt India - in which the parent held 51 per cent was merged with ABB. ABB has always been a key supplier of power equipments in the country, ushering in the latest technology. - Amalgamation of Flakt India Ltd., with Asea Brown Boveri Ltd. with effect from 5th October. Pursuant to the scheme of amalgamation, Flakt India Ltd. were to issue 36,88,196 No. of equity shares of Rs 10 each at par of the Company credited as fully paid up in the proportion 1:2. 1995 - The company was awarded the engineering procurement construction (EPC) job for the Integrated steel project. 1996 - All the Gas Turbines of the combined cycle power plant for GVK Industries Ltd. were commissioned. The entire undertaking relating to the Transportation business was transferred as a going concern to ABB Daimler-Benz Transportation (India) Ltd. - GVK's 235-MW Jegurupadu CCPP, for which ABB Asea Brown Boveri was the turnkey EPC contractor, became the first fast track power project to go on stream. 1997 - Transmission and Distribution segment introduced new products like 72.5 KV switchgears for the U.S. market and indigenous static relays. Major substation commissioned during the year include 220 KV switchyard for Andhra Pradesh State Electricity Board and 145 KV switchyard for Bhushan Steel Ltd. - A process control system for petrochemical complex of Reliance Industries Ltd. at Hazira was commissioned. - The Company proposed to commission greenfield transformer project at Vadodara. - 103,54,589 Bonus shares issued in prop. 1:3. - ABB has taken majority stake holding in Birla-Kent Taylor acquiring 51 per cent in the company from C K Birla group, while the other company has become its fully-owned subsidiary. - ABB has taken stakes in the following projects. 1) Neyveli Power project in Tamil Nadu (250 MW) developed by CMS generations 2) Jegurupadu power project in AP (235 MW) developed by GVK industries (five percent stake) 3) Pench power project in MP (500 MW) developed by Soris funds (20 percent stake). - Asea Brown Boveri of Switzerland has picked up 70 lakh preferential shares in ABB-ABL, the Durgapur-based boiler maker which was taken over by ABB India under a rehabilitation plan cleared by the Board of Industrial and Financial Reconstruction. - ABB Holdings of South Asia will pick up the cumulative redeemable preferential shares of Rs.100 per share with 13 per cent return on investment for a period of 10 years. - ABB Holdings South India Ltd. already set up a 100 per cent subsidiary in the country. This company would act as a holding company and consolidate the shareholding of ABB Switzerland and its overseas subsidiaries held in different Indian companies. - ABB has recently set up a greenfield turbine and generator facilities in Baroda. The plant has an annual capacity of 1500 MW (15 x 100 MW or 3 x 500 MW) but it will start with the manufacture of only steam turbines upto 100 MW. - The ABB group has developed many innovative technologies such as SF6 technology for circuit breakers, Advant open control system (for process industries) and direct torque control technology (for variable speed drives). - ABB has a joint venture - ABB Alfa Stal Refrigeration - with Alfa Laval for food and non-food refrigeration systems. - Industry and building systems is being expanded. An engineering centre for petrochemical processing and a software centre for development of automation and control systems are proposed to be set up. The company has a inhouse R&D centre. - ABB will install paint finishing systems for Volvo India Ltd, a 100 per cent subsidiary of Swedish automobile giant Volvo, for its heavy duty truck manufacturing unit coming up at Hoskote near Bangalore. ABB's contract with Mahindra & Mahindra involves upgradation of the latter's manufacturing facility at Andhra Pradesh. - The power purchase agreement (PPA) for the Andhra Pradesh power project was signed on March 31, after the Mittals acquired the contract for the project through participation in the global tender floated by the Andhra Pradesh State Electricity Board earlier. - The Confederation of Indian Industry (CII) and Asea Brown Boveri (ABB) have signed a MoU for setting up a total quality management institute. It will provide a range of education and training programmes on quality aimed at industry, service institutions, educational bodies and Government agencies. - The 10,800 No. of equity shares are proposed to be acquired by ABB Zurich through ABB South Asia Holdings Limited. - ABB is setting up a communication link at Korba for the Daewoo project. - Asea Brown Boveri Limited (ABB) has formed two joint ventures to build a new service organisation in ABB Poland to provide the widest scope of service activities for electrical industrial equipment. - The companies viz., ABB Huta Katowice Services Ltd, a 60:40 joint venture between ABB and Huta Katowice, and ABB Service Ltd, a 65:35 joint venture between ABB and Dolnoslaska Spolka Inwestychjna (DSI) is owned by KGHM Polish Copper. - ABB Oil and Gas Europe BV (Lummus) of the Netherlands, part of the Zurich-based $35-billion Asea Brown Boveri group, intends to set up a wholly-owned subsidiary in India to cater to the petrochemicals/chemicals and other core sector industries in India. 1998 - Electrical engineering giant Asea Brown Boveri (ABB) is increasing its stake to 74 per cent in the joint venture with M P Birla group company Universal Cables. - ABB has signed an agreement with the Birlas to increase its equity in Universal ABB Power Cables Ltd. from present 51 per cent and will approach the Foreign Investment Promotion Board (FIPB) for bringing in the foreign investment. - Universal-ABB Power Cables, a joint venture between MP Birla group and ABB set up to manufacture high and extra high voltage (EHV) XLPE power cables has inaugurated its plant at Satna, Madhya Pradesh. The plant incorporates advanced and fully automated cable manufacturing technology. - Universal ABB Power Cables Ltd, a joint venture between the MP Birla group and ABB, has commissioned its new plant to manufacture high and extra high voltage (EHV) XLPE power cables. The plant, the first of its kind in south Asia, incorporates the latest technology in cable manufacturing called the vertical continuous vulcanisation (VCV) process through an automated, 105 metre tall vulcanisation line. - ABB Ltd, the Swiss-Swedish electrical engineering major, has picked up 50 per cent equity stake in the Rs.4,690-crore Korba East power project promoted by Daewoo Power, a 100 per cent subsidiary of the Korean chaebol. - Daewoo has taken up another power project in Kol Dam, Himachal Pradesh, in which ABB holds minority stake along with Bechtel and Siemens. - ABB ABL, a member of the Swedish multinational group Asea Brown Boveri, is introducing the Ljungstrom rotary air-preheaters to the Indian boiler market under the licence of ABB Air Preheater Inc., (API) USA. - ABB-AAPL Projects (AAPL) will be merged with the Swedish electrical giant to dovetail its Indian operations and carry forward ABB's overall restructuring plan adopted at Zurich in August. - The company offered a two-stage voluntary retirement scheme (VRS) which reduced manpower from 5,600 to around 3,500. - Public Sector National Thermal Power Corporation (NTPC) signed a memorandum of understanding with the Swedish conglomerate ABB for the formation of a joint venture for its renovation and modernisation programmes to be carried out both within and outside the country. 1999 - In the letters of intent, ABB has signed an EPC contract for the Videocon project. - ABB India shareholders are likely to get one equity share of Rs. 10 each in Powerco for every share (Rs. 10) held in ABB, and the overall restructuring package may prove valuable to them in the long term. - ABB Holdings (South Asia) Ltd has put in a proposal seeking government's approval to buy out Hartmann & Braun's 51 per cent equity stake in CG-Elsag Bailey Ltd. - ABB Holdings is acquiring 20.40 lakh equity shares having a face value of Rs 10 per share in CG-Elsag Bailey. - ABB company will issue and allot one equity share of Powerco of the face value of Rs 10 each for every one equity of face value of Rs 10 each held by the shareholders of ABB. - ABB acquired a 51 per cent stake in Lenzhom Electric Company, a Mumbai based engineering servicing firm. - The company has initiated a marketing agreement with the public-sector Indian Oil Corporation (IOC), according to which, 50 per cent of the offtake from the refinery would be through IOC, and the balance through BPCL. 2000 - The Company launched new 400 kv transformers. - The Company has announced the introduction of electronic Alpha energy meters for better electricity monitoring in India. - Crisil has assigned a `P1 ' rating to the Rs 100-crore commercial paper programme of Asea Brown Boveri Ltd. 2001 - The Company a global power company, will et up a research and development base in India for developing products catering to the domestic and global market. - ABB decided to consolidate its Indian operations and, as the first step, the Swedish conglomerate plans to merge all its Indian subsidiaries. -The board of directors of Asea Brown Boveri Ltd, India (ABB), has appointed Mr Ravi Uppal as the Managing Director and Country Manager (for India) with effect from mid-October. Mr Uppal will replace Mr K.K.Kaura, who has resigned from ABB to pursue other professional interests outside the group. -Asea Brown Boveri Ltd (ABB) has posted a 10.04 per cent increase in net profit at Rs 14.72 crore for third quarter ended September 30, 2001. 2002 - Asea Brown Boveri Ltd has informed the Board of Directors of the Company has appointed the following new Directors: 1 Mr Peter Smits (in the casual vacancy caused on the Board by the resignation of Mr Sune Karlsson) 2 Mr Dinesh Paliwal 3 Mr N S Raghavan 4 Mr Nasser Munjee -The Board of Directors of Asea Brown Boveri Ltd at its meeting held on July 31, 2002 redeemed 7,50,000 11% Redeemable Preference Shares of Rs 100 each along with the pro rata dividend thereon.The preference shares had been issued by the company on amalgamation of erstwhile ABB Instrumentation Ltd, with the company and were held by ABB Holdings South Asia Ltd. -Asea Brown Boveri Ltd has informed that Mr B Gururaj has been appointed as Asst Vice President & Company Secretary of Asea Brown Boveri Ltd, in place of Mr A S Khandwala who has resigned from services of the company. Board also appointed Mr Gururaj Asst Vice President & Company Secretary, as Compliance Officer of the company. -K N Shenoy to step down as Chairman and member of Board of ABB. -Asea Brown Boveri Ltd has informed the following changes in the Board of Directors . Mr Peter Smits, Director was elected as Chairman in place of Mr Shenoy. Mr Ravi Uppal, Managing Director is appointed as Vice Chairman and designated as Vice Chairman & Managing Director. Mr Eric Drewery resigned as a Director of the Company and in his place Mr Peter Leupp was appointed as a Director.Mr Boonkiat Sim was appointed as an Additional Director on the Board of Directors of the Company. 2003 -ABB has been awarded its single largest export order to date, valued at Rs.1680million by PUblic Establishment of Electricity for Generation and Transmission (PEEGT). -ABB India has divested its air-handling equipment unit in India to Flakt India. -Mr Ravi Uppal, Vice-Chairman and MD, ABB India and honorary Chairperson of the Association of Indo-Swedish Companies has been conferred the honour of the Royal Order of the Polar Star. -ABB Ltd has tied up with Intel, Microsoft and Accenture to give shape to what will be the factory of the future. -ABB Ltd has been awarded major orders for Aluminium and Zinc smelters worth around Rs.1100million by Sterlite Group. -ABB Ltd has informed that the company has received on December 2, 2003, a certificate of Registration of the Order of CLB confirming transfer of the Registered Office of the Company from the State of Maharashtra to the State of Karnataka. Accordingly, the Registered Office of the Company has now been shifted from Mumbai, in the State of Maharashtra, to Banglore, in the State of Karnataka, and located at the following address: ABB Ltd, 2nd Floor, East Wing, Khanija Bhavan,49,Race Course Road, Banglore 560 001. Telephones: 91 80 2250295, 2254543, 2254546 Telefax: 91 80 2281103. 2004 -Dinesh Paliwal appointed as Chairman of ABB India -ABB India gets Asiamoney award for 2003 - ABB introduces new range of wiring accessories including switches, regulators and sockets for Indian market 2005 -ABB has won the first major equipment order for 765 kV extra-high voltage (EHV) transformers and shunt reactors from the National Thermal Power Corporation (NTPC) and Power Grid Corporation of India Ltd (PGCIL) -ABB wins $ 80 m order from NTPC, PGCIL -ABB gets orders worth Rs 135 cr from Middle East 2006 -ABB inks MoU with IIT Delhi -ABB Ltd - Wins an automation order from ONGC worth of Rs.430 crores 2007 -ABB India wins Rs 186 crore order for integrated power distribution management system. - ABB Ltd has announced that ABB India has won a Rupees 933 million (93.3 crore) order from KHD Humboldt Wedag GmbH, Germany, to provide a turnkey electrics and automation solution for a 5000 TPD (tonnes per day) capacity green-field cement plant at Katrana in Jordan. - The Company has splits its face value from Rs10/- to Rs2/-. -ABB India wins Rs 311 crores power & automation order -ABB India wins Rs 93 crore order for cement plant in Jordan -ABB wins power order worth more than $400 million for world's largest offshore wind farm 2008 -ABB wins substation orders from Powergrid for Rupees 330 crores -ABB secures Rs 455cr Vedanta contract -ABB to acquire Kuhlman Electric Corporation from The Carlyle Group -ABB wins $87 million order in U.S. to expand capacity of power transmission system 2009 - ABB Ltd has wins Rs 425 crore substation orders in India. - ABB, the leading power and automation technology group, has won orders wroth Rs 220 crore form Tata Projects Limited to provide power products and solutions for a super-critical coal-fired power plant under construction in the southern Indian state of Andhra Pradesh. - ABB has bagged an order worth Rs. 128.30 crore from state-run Power Grid Corporation of India (PGCIL) for setting up a 400-kV gas insulated switchgear sub-station to strengthen the power transmission network in Gujarat. 2010 - ABB Limited has bagged orders worth around Rs 145 crore from the Bharathiya Rail Bijlee Company Limited (BRBCL). -ABB Ltd, the power and automation technology firm, has bagged orders worth $22 million (nearly Rs 100 crore) from Haryana Vidyut Prasaran Nigam in order to supply four sub-stations. -ABB inaugurates global wind power generator factory in India -ABB India acquires Metsys. 2011 -ABB bags US$120mn power transmission order in China. - ABB inaugurates new production line for miniature circuit breakers. - ABB bags Rs 16 crore order for solar plants to provide high end solution. - ABB wins Rs. 175 crore substation order in India to improve grid reliability. - ABB Group books Rs. 4000 crores UHVDC power transmission order in India. 2012 - ABB wins Rs.75 crore order in India to power metro for pink city. - ABB wins Rs. 175 crore order to strengthen Western India's power grid. - ABB's Gary Steel receives lifetime achievement award in HR excellence. 2013 -ABB inaugurates two new manufacturing plants for power products in India. -The Company has changed its name from ABB Ltd. to ABB India Ltd. 2014 - ABB substation in Southern India to help meet growing power demand. -ABB commissions world record voltage circuit breaker. -ABB wins Rs. 334 Crore orders to boost power capacity and strengthen. -ABB wins power products orders worth Rs. 310 crore in India. 2015 -ABB India Ltd has won an order worth Rs 256 crore from Ceylon Electricity Board (CEB), Sri Lanka. -ABB welcomes Solar Impulse to India -ABB India Ltd has won an order of Rs 90 crore from Techno Electric and Engineering Company (Techno) -ABB India launches free@home - Making home automation easier than ever -ABB India wins Rs.125 crore order to upgrade three substations in agricultural belt -ABB India Ltd has secured orders worth Rs 119 crore to provide plant electrification, automation and substation solutions for solar power plants -ABB India has introduced the first 800 kilovolt (kV) converter transformer which is manufactured at their Vadodara facility in Gujarat 2016 -ABB joins with Welspun Energy for PV projects -ABB opens its GBS center in India -ABB integrates 648 MW solar project at Kamuthi in Tamil Nadu to the national transmission grid. -ABB connects power to the Indian grid from one of the world's largest solar plants -ABB India doubles solar inverter manufacturing capacity with a new state of the art factory -ABB wins order to supply 1600 transformers to support railway expansion in India 2017 - ABB technology powers new cable car Zugspitze - ABB confirmed as the #1 in Distributed Control Systems globally - ABB achieves breakthrough with world's most powerful HVDC transformer - ABB's innovative flash-charging technology goes live - ABB named global leader in SCADA systems for the power sector - New ABB Ability remote services help boost wind parks' performance - ABB unveils newest member of the YuMi family - ABB and HPE bring intelligence to industrial plants - ABB and Northvolt partner for Europe's largest battery factory - ABB drives the expansion of e-mobility fast charging infrastructure in Germany - ABB completes acquisition of KEYMILE's communication networks business - ABB software based solution to support research institute in Inner Mongolia - ABB delivers DolWin2 wind connection - World's largest floating photovoltaic power plant test-bed features ABB technology - ABB inaugurates traction transformer plant in South Africa - ABB writes the next chapter in pioneering high voltage direct current technology - ABB wins breakthrough transformer order to support sustainable mobility in Austria 2019 -ABB India - PCS Certificate Jul To Dec 2018 -ABB India Limited has approved a scheme of arrangement amongst the Company, ABB Power Products and Systems India Limited (a newly incorporated wholly owned subsidiary of the Company) and their respective Shareholders and Creditors --ABB India, NITTTR set up digital simulation lab in Chandigarh 2020 -Apportionment of the cost of acquisition of equity shares - Scheme of Arrangement approved by NCLT vide order dated November 27, 2019. -ABB India - Board's Approval For Sale Of Company's Solar Inverter Business -ABB India's Nelamangala, Bengaluru Campus certified green; receives highest IGBC Rating -ABB gives update on planned IPO of E-mobility business 2021 -ABB India launches new range of circuit breakers for electrical retail market -ABB India - Divest/Sell Its Turbocharger Business In The Process Automation Business -ABB India to incorporate wholly owned subsidiary to operate its turbocharger biz -ABB E-mobility opens its largest DC fast charger production facility in Italy 2022 -ABB acquires controlling interest in InCharge Energy, strengthening its EV charging solutions in the U.S. -ABB E-mobility increases majority stake in Chinese EV charging provider Chargedot. -ABB and PACCAR support EV customers with advanced charging solutions for trucks. -ABB delivers robots to Scania's new battery assembly plant. -ABB invests in climate tech start-up Tallarna. 2023 -ABB forms strategic partnership with Titagarh for metro projects in India. -ABB India awarded electrification and automation contract for ArcelorMittal Nippon Steel (AMNS) India's new advanced cold rolling mill. -ABB expands production footprint of\r\nall-compatible drives portfolio in India. -ABB India inaugurates state-of-the-art factory in Nashik. 2024 -ABB invests in Engineering Software Steyr (ESS) to reduce costs and emissions for automotive paint shops. -ABB opens new $100 million campus in Wisconsin. -ABB investing $35 million in new U.K. earthing and lightning protection factory. -ABB expands electrification portfolio with acquisition of Siemens' Wiring Accessories business in China. -ABB invests in Ndustrial to accelerate decarbonization through AI-powered energy management technologies. -ABB opens new _20 million energy-efficient factory in Belgium.

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Parent Organisation

ABB India Ltd.

Founded

24/12/1949

Managing Director

Mr.Sanjeev Sharma

NSE Symbol

ABBEQ

FAQ

The current price of ABB India Ltd is ₹ 5118.55.

The 52-week high for ABB India Ltd is ₹ 5304.70 and the 52-week low is ₹ 5111.00.

The market capitalization of ABB India Ltd is currently ₹ 108466.36. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy ABB India Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in ABB India Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase ABB India Ltd shares.

The CEO of ABB India Ltd is Mr.Sanjeev Sharma, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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