The Company was originally incorporated as a Private Limited Company under the name ÂSaakshi Machine and Tools Private Limited on March 25, 2009 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Pune, Maharashtra. Later, on January 27, 2012, the Company took over the business of proprietorship concern of Lt. Vijay Laxman Latkar, namely Supreme Industry. Thereafter the name of the Company was changed from ÂSaakshi Machine and Tools Private Limited to ÂSaakshi Medtech and Panels Private Limited pursuant to special resolution passed by the shareholders at the Extra Ordinary General Meeting held on February 06, 2023and consequent to name change a fresh Certificate of Incorporation was granted to the Company on March 16, 2023 by the Registrar of Companies, Pune. Subsequently, the Company was converted into a Public Limited Company vide Special Resolution passed by the Shareholders at the Extraordinary General Meeting, held on May 8, 2023and consequently the name of the Company was changed from ÂSaakshi Medtech and Panels Private Limited to ÂSaakshi Medtech and Panels Limited vide a fresh certificate of incorporation dated June 06, 2023, issued by the Registrar of Companies, Pune, Maharashtra bearing CIN U51909PN2009PLC133690 Nitin Jayantilal Kothari, Neha Nitin Kothari, Atul Jayantilal Kothari and Jyotsna Atul Kothari were the initial subscribers to the Memorandum of Association of the Company.
Major events and milestones of the Company:
2010
- All the shares of the company were purchased by the promoter and promoter group members, Vijay Laxman Latkar, Chitra Vijay Latkar, Aniket Vijay Latkar and Mayuri Aniket Latkar
2011
- Commencement of Factory Unit I at Plot No. EL-23, J Block, MIDC Industrial Area, Bhosari, Pune
2012
- Took over the business of proprietorship concern of Lt. Vijay Laxman Latkar, Supreme Industry
2013
- Awarded Best ESH Award
2015
- Awarded by HIC (Healthcare Innovation Centre) as NPI Development Partner Award
2018
- Received license for commercial production of Medical Diagnostic X-Ray Equipment by AERB
2019
- Started Fabrication of High level Assembly (HLA) to be installed in locomotives
- Commencement of Factory Unit II at T 174, T Block, MIDC, Bhosari, Haveli, Pune
2020
- Crossed Revenue of ? 5,000 Lakhs
2022
- Started supply of Electrical control panels and cabinets for its application in electrical vehicle charging stations
- Received NABL Accreditation for the testing laboratory situated at the factory unit 1
2023
- License to Manufacture Medical Devices for Testing by CDSCO
- Commencement of commercial production at Factory Unit III at T-75 T Block, Pimpri Chinchwad, MIDC Bhosari, Tal- Haveli, Dist-Pune
- Received recognition certificate of Zero Defect Zero Effect from MSME
- Conversion of the Company from Private Limited to Public Limited.