Kirloskar Electric Company Ltd

About Kirloskar Electric Ltd

A major player in the Indian electrical equipment market, Kirloskar Electric Company Ltd. (KECL) is supported by Kirloskar Brothers, Pune. The company has financial and technical support from Brush Electrical Engineering Co., UK, a part of the Hawker Siddeley Group. The company produces and markets switchgear, electric motors, alternators, generators, transformers, and DG machine sets, among other products. India's industrialization was sparked by Kirloskar Electric Co., founded in July 1946. The company entered the cast resin transformer business by acquiring Voltas Transformers, Pune. Later, it partnered with the UK's Wind Energy Group to produce wind turbine generators. You can easily find Kirloskar Electric share price NSE and BSE.

History of Kirloskar Electric Company Ltd

After engaging in a business restructuring process, the company moved its Rotating Machines Group division to Kaytee Switchgear Pvt. Ltd. Manufacturing and selling a wide variety of electrical and electronic equipment, such as industrial electronic equipment, power electronic products, transformers, AC generators, DC machines, AC induction motors, control equipment, and automation and controls, is its primary business activity. This wide range of operations has helped in the firm’s growth and also impacted the Kirloskar Electric share price. 

KECL created the first 40-MVA transformer. It delivered and commissioned the largest excavator electric system in the nation, 10 cu mtr of which was developed specifically for the Prithvi missile project, and an entire electric system package to the Maniyar Mini Hydel facility. KEC North American, Inc., USA, merged with [firm]  in 1999–2000 to serve as its North American marketing and distribution arm, utilizing EASA (Electrical Apparatus Service Association) shops as a distribution channel. All these initiatives have made the company a major player, which is also reflected in Kirloskar Electric Company Limited’s share price.

Business Segments of Kirloskar Electric Company Ltd

The wide range of business segments in Kirloskar Electric Company is as follows. 

• Sugar :It offers a cane leveller, chopper, sugar centrifuge, fibrizer, mills and cane unloader.
• Cement: Under the cement segment, comes mils, material handling, conveyors, grinding and crushers. 
• Steel: The steel segment covers the melting shop, blast furnace, cold rolling mill,  retrolling mill, hot strip mill, coke OEM and blooming mill.

Key Personnel of Kirloskar Electric Company Ltd

• Mr. Vijay R. Kirloskar is the Executive Chairman.
• Mr. Anil Kumar Bhandari is the Independent Director.
• Mr. Kamlesh Gandhi is the Independent Director.
• Mr. S. N. Agarwal is the Independent Director.
• Dr. Ashok Misra is the Independent director.
• Mrs. Meena Kirloskar is the Director.
• Mr. Sanjeev Kumar S is the Director (Finance) & CFO.
• Mr. Suresh Kumar is the Independent Director.
• Mr. Ravi Ghai is the Independent Director.
• Mr. Anand B. Hunnur is the Managing Director.
• Mr. K. Shanth Kumar is the Independent Director.
• Ms. Rukmini Kirloskar is the Director.
• Mr. Mohammad Saad Bin Jung is the Independent Director.
• Dr. Pangal Ranganath Nayak is the Independent director.

This team has been vital for the company’s growth, which has affected the performance of Kirloskar Electric share price. You can check out Kirloskar Electric Company share price live on BlinkX.