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(Profile) AREVA T&D India Ltd.
Submitted by staff on Fri, 2011-09-16 16:45
AREVA T&D's leading position in today's energy market and growing worldwide presence is the result of 125 years of pioneering innovation, technological expertise and an unwavering commitment to quality and customer service.
The General Electric Company of India Limited ("GECI") was incorporated on November 4, 1911 and was engaged in the manufacture of various electrical, electronic, mechanical engineering goods, such as motors, pumps, switchgear, furnaces, transformers, electronic variable speed drives, etc. This Company was a subsidiary of The General Electric Company plc, UK ("GEC UK").
The English Electric Company of India Limited ("EEI") was incorporated on March 13, 1957 as a Private Limited Company and was converted into a Public limited Company on February 25, 1963 and was engaged in the manufacture of various electrical/electronic equipment such as fuse-gear and switchgear products, relays, control panels, circuit breakers, contactors and electronic testing and measuring instruments. This Company was a subsidiary of The English Electric Company Limited, UK, ("EEC UK") a wholly owned subsidiary of GEC UK.
During 1991-92, the entire shareholding of EEC UK in EEI and GEC UK in GECI, constituting 66.66% of the paid-up share capital of the two companies, was transferred to GEC ALSTHOM NV, The Netherlands.
During 1997-98, the entire shareholding of GEC ALSTHOM NV was transferred to ALSTOM France SA whose name later on changed to ALSTOM Holdings, France.
In the Year 2007 by a scheme of Amalgamation sanctioned by the Hon'ble High Court of Calcutta vide Order dated the 5th Day of July 2007, Hon'ble High Court at New Delhi vide Order dated the 14th Day of August 2007, Hon'ble High Court at Chennai vide Order dated the 31st Day of August 2007 the three transferor Companies Viz, AREVA T&D Instrument Transformers India Private Limited (AITPL) AREVA T&D Systems India Limited (ATDSL) AREVA T&D Lightning Arresters Private Limited (ALAPL) amalgamated with the Transferee Company ie AREVA T&D India limited. Consequent to the sanctioning of the Scheme of Amalgamation the Company had issued and allotted 7933335 equity shares of Rs.10/- each, to the shareholders of the three transferor Companies. The paid up share capital of the Company has now become 47820807 equity shares of Rs 10 /- each.
- Website: http://www.areva-td.in
AREVA T&D India Ltd.
A-7, Sector - 65,
Noida - 201301,
Telephone No.: +91 120 4790000
Fax: +91 120 4791140