Orient Electric
{{Short description|Indian multinational electronics company}}
{{Use dmy dates|date=May 2018}}
{{Use Indian English|date=May 2018}}
{{Infobox company
| name = Orient Electric
| logo = Orient Electric.svg
| logo_size = 200px
| image =
| foundation = {{start date and age|1954}}
| founder = C. K. Birla
| type = Public
| traded_as = {{plainlist|
- {{BSE|541301}}
- {{NSE|ORIENTELEC}}}}
| ISIN = INE142Z01019
| location_city = New Delhi{{cite web|url=http://www.orient-ele tronics.com/contactus/corporate-office.aspx |title=Corporate Office |publisher=orientelectric.com |date= |accessdate=2015-02-04}}
| location_country = India
| key_people = Ravindra Singh Negi (Managing Director & CEO)
| num_employees = 1000
| revenue =
| operating_income =
| net_income =
| assets =
| equity =
| industry = {{unbulleted list|Electrical equipment| Home Appliances |FMEG}}
| parent = CKA Birla Group
| subsid =
| products = {{plainlist|
- Home appliances
- Fans
- Lighting
- Switchgear}}{{cite web |url=http://www.orientelectric.com/ |title=About Orient Electric |publisher=orientelectric.com |accessdate=2015-02-04 |archive-date=14 March 2015 |archive-url=https://web.archive.org/web/20150314214805/http://www.orientelectric.com/ |url-status=live }}
| homepage = {{URL|http://www.orientelectric.com/|orientelectric.com}}
}}
Orient Electric Limited is an Indian multinational electrical equipment manufacturer, based in New Delhi and part of CKA Birla Group. It makes fans, lighting, home appliances and switchgears. Orient Electric has manufacturing facilities in Kolkata, Faridabad, Hyderabad and Noida. It exports fans from India to over 30 international markets.{{Cite news|url=https://www.thehindubusinessline.com/companies/announcements/others/orient-electric-ltd-compliance-certificate-in-terms-of-regulation-40-9-10-of-the-sebi-listing-obligations-and-disclosure-requirements-regulations-2015-as-on-september-30-2018/article25164173.ece|title=Orient Electric Ltd - Compliance Certificate In Terms Of Regulation 40 (9 & 10) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 As On September 30, 2018.|work=@businessline|access-date=2018-10-09|language=en}}{{cite web | url=https://in.marketscreener.com/quote/stock/ORIENT-ELECTRIC-LIMITED-44672062/news/Orient-Electric-Starts-Commercial-Production-at-New-Manufacturing-Unit-in-Telangana-India-46642433/ | title=Orient Electric Starts Commercial Production at New Manufacturing Unit in Telangana, India -May 07, 2024 at 07:02 am IST | MarketScreener | date=7 May 2024 | access-date=14 June 2024 | archive-date=14 June 2024 | archive-url=https://web.archive.org/web/20240614054744/https://in.marketscreener.com/quote/stock/ORIENT-ELECTRIC-LIMITED-44672062/news/Orient-Electric-Starts-Commercial-Production-at-New-Manufacturing-Unit-in-Telangana-India-46642433/ | url-status=live }}
Orient Electric was a division of Orient Paper & Industries, until its demerger in 2018.{{Cite web|url=https://www.thehindubusinessline.com/markets/orient-electric-hits-upper-circuit/article23884940.ece|title=Orient Electric hits upper circuit|date=14 May 2018|access-date=28 June 2018|archive-date=23 January 2025|archive-url=https://web.archive.org/web/20250123054015/https://www.thehindubusinessline.com/markets/orient-electric-hits-upper-circuit/article23884940.ece|url-status=live}}
History
On 14 July 2023, Orient Electric announced the resignation of Managing Director and CEO Rajan Gupta. On 15 July 2023, Desh Deepak Khetrapal was appointed as the new Managing Director.{{Cite news |title=Orient Electric MD & CEO Rajan Gupta Resigns, Desh Deepak Khetrapal Named New MD |pages=1–2 |work=BW BusinessWorld |url=https://www.businessworld.in/article/Orient-Electric-MD-CEO-Rajan-Gupta-Resigns-Desh-Deepak-Khetrapal-Named-New-MD/14-07-2023-484224/ |archive-date=16 July 2023 |access-date=16 July 2023 |archive-url=https://web.archive.org/web/20230716013211/https://www.businessworld.in/article/Orient-Electric-MD-CEO-Rajan-Gupta-Resigns-Desh-Deepak-Khetrapal-Named-New-MD/14-07-2023-484224/ |url-status=live }}
On 31 May 2024, Orient Electric appointed Ravindra Singh Negi as its Managing Director and CEO, succeeding Deepak Khetrapal.{{Cite web |title=People Matters - Interstitial Site — People Matters |url=https://www.peoplematters.in/site/interstitial?return_to=%2Fnews%2Fappointments%2Forient-electric-appoints-ravindra-singh-negi-as-md-and-ceo-41520 |access-date=2024-05-30 |website=www.peoplematters.in |archive-date=30 May 2024 |archive-url=https://web.archive.org/web/20240530133105/https://www.peoplematters.in/site/interstitial?return_to=/news/appointments/orient-electric-appoints-ravindra-singh-negi-as-md-and-ceo-41520 |url-status=live }}
References
{{reflist}}
External links
- [http://www.moneycontrol.com/news/business/how-orient-electric-is-reinventing-itself_1073526.html How Orient Electric is reinventing itself]
- [http://www.thehindubusinessline.com/companies/announcements/others/scheme-of-arrangement/article9957759.ece Scheme of arrangement]
- [https://www.moneycontrol.com/news/business/orient-electric-enters-health-appliances-space-launches-uv-sanitiser-device-5559621.html Orient Electric enters Health Applainces space, launches UV Sanitech, a UVC light based sanitisation chamber]
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{{DEFAULTSORT:Orient Electric Limited}}
Category:Electronics companies of India
Category:Home appliance manufacturers of India
Category:Manufacturing companies based in Delhi
Category:Companies based in New Delhi
Category:Electronics companies established in 1954
Category:Manufacturing companies established in 1954
Category:Indian companies established in 1954
Category:Companies listed on the National Stock Exchange of India
Category:Companies listed on the Bombay Stock Exchange
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