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DANISH POWER LTD.

31 October 2024 | 03:29

Industry >> Electric Equipment - Transformers

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ISIN No INE0YU901016 BSE Code / NSE Code / Book Value (Rs.) 50.89 Face Value 10.00
Bookclosure 52Week High 628 EPS 19.33 P/E 34.13
Market Cap. 1299.25 Cr. 52Week Low 542 P/BV / Div Yield (%) 12.96 / 0.00 Market Lot 300.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was originally formed as a Private Limited Company under Companies Act, 1956 in the name and style of "Danish Private Limited" pursuant to a certificate of incorporation dated July 10, 1985 was issued by the Registrar of Companies, Jaipur, Rajasthan, bearing CIN: U31200RJ1985PTC003346. Consequently, our Company was converted into a Public Limited Company under Companies Act 1956 with the name `Danish Limited' pursuant to a fresh certificate of incorporation dated December 31, 1994 was issued by the Registrar of Companies, Jaipur, Rajasthan. Subsequently, our Company was converted into a Private Limited Company under Companies Act with the name `Danish Private Limited' pursuant to a fresh certificate of incorporation dated December 03, 2002 was issued by the Registrar of Companies, Jaipur, Rajasthan. Further, pursuant to shareholder's resolution passed at the Extra Ordinary General Meeting held on June 12, 2024, the name of our company was changed from "Danish Private Limited" to "Danish Power Private Limited" vide a fresh certificate of incorporation dated July 08, 2024 issued by the Registrar of Companies, Central Processing Centre, Manesar. Subsequently, pursuant to Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on July 08, 2024 our Company was converted into a Public Limited Company and the name of our Company was changed from "Danish Power Private Limited" to "Danish Power Limited" vide a fresh certificate of incorporation dated July 22, 2024 issued by the Registrar of Companies, Central Processing Centre, Manesar bearing CIN: U31200RJ1985PLC003346.

Major Events and Milestones:
1985
-Incorporation of the Company in the name of "Danish Private Limited"

1994
-Company achieves ISO:9001

2014
-Export House Status by Government of India

2015
-National Awards for Export Excellence - Star Performer Award 2013-14 in Product Group - Electric Motors, Generators, and Transformers and Parts (Small Enterprise)

2016
-National Award for Export Excellence - Star Performer Award 2014-15 in product group - Electric Motors, Generators, and Transformers and Parts (Small Enterprise)

2017
-National Award for Export Excellence - Star Performer Award 2015-16 in product group - Electric Motors, Generators, and Transformers and Parts (Small Enterprise)
-India SME Top 100 Awards 2015-16
-Transformer Testing Laboratory accredited for ISO 17025 by NABL

2018
-Received below certification for manufacturing facility
 Quality Management System - ISO 9001:2015
 Environmental Management System - ISO 14001:2015
 Occupational Health and Safety Management System - ISO 45001:2018
-Regional Award (Northern Region) for Export Excellence - Star Performer Award 2014-15 (Silver Shield) in Product Group - Electric Motors, Generators, and Transformers and Parts (Small Enterprise)
-Achieves BIS License & BEE Certifications for Transformers
-National Award for Export Excellence - Star Performer Award 2016-17 in product group - Electric Motors,Generators, and Transformers and Parts (Small Enterprise)

2022
-First in India to get BIS License for Ester (Bio degradable Fluid) Filled Distribution Transformers
-New Plant established in Mahindra World City, Jaipur

2023
-India SME Top 100 Awards 2023
-ET MSME Awards 2023-Excellence in MSME Sector
-144 kW Roof Top Solar Plant Installed for captive consumption.
-Best Supplier Award for Transformers from Tata Power Delhi Distribution Limited
-Certified for Bronze Category in Ecovadis, Paris (Environment & Sustainability)
-Incorporated Wholly Owned Subsidiary in the name of Danish Transformer India Private Limited
-Awarded/Listed as Leading SME' s of India 2024 by Dun & Bradstreet

2024
-Change in name of our Company from "Danish Private Limited" to "Danish Power Private Limited"
-Acquired 100.00% stake in Evernest Shelter Private Limited through subscribing the equity shares pursuant to which it became our Wholly Owned Subsidiary.
-Conversion of the Company from Private Limited to Public Limited.