| The Company was incorporated in 1964. It manufactures Carbon film resistors, styroflex capacitors, ceramic cores, wire wound resister and instruments, ceramic capacitors, trimmers, potentiometers, instruments, etc. M/s Asian Electronic Components Ltd., is the subsidiary of the company. 2005 -Asian Electronics enters into Licensing Agreement for "Westinghouse" Lighting Products -Asian Electronics acquires 50 pc stake in US firm Westinghouse Lighting Corporation (WLC) for Rs 100 crore. -Asian Electronics secures PMO deal to implement energy efficiency -Asian Electronics receives government orders -Asian Electronics has secured three prestigious orders in Europe from uniquely distinct sectors namely retailing, infrastructure and a leading display freezer manufacturer. 2006 -Asian Electronics secures MSEDCL Order worth 530 million 2007 - The Company has splits its face value from Rs10/- to Rs5/-. -Asian Electronic has formed a Joint Venture Company, viz., "Asian Retail Lighting Ltd" for lighting solutions for retail industry with Home Solution Retail India Ltd (HSRIL) -The Company has formed another Joint Venture Company, viz., "Home Lighting India Ltd" for Home Lighting Solutions with Home Solution Retail Ltd (HSRIL). 2013 - The registered office of the Company has been shifted from D-11, Road No. 28, Wagle Industrial Estate, Thane - 400 018 to 107, Sumer Kendra, 1st Floor, P. B. Marg, Behind Mahindra Towers, Mumbai - 400 018. |
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