Exicom Tele-Systems Limited
Incorporated in 1994, Exicom Tele-Systems Limited specializes in power systems, electric vehicle (EV) charging, and other related solutions
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Exicom Tele-Systems launched Liquid-Cooled Power Modules for EV Chargers in India. This new power electronics product enhances its portfolio for the growing electric vehicle infrastructure sector.
Exicom's subsidiary, Exicom B.V., converted USD 5.5 million (EUR 4.77 million) of Optionally Convertible Debentures into equity shares. This diluted Exicom's stake from 100% to 92.23%. Exicom B.V. is no longer wholly-owned but remains a material subsidiary.
Exicom Tele-Systems has commenced commercial production at its new Telangana plant in Hyderabad. This facility will manufacture EV charging stations, Li-ion battery packs, and other power electronics, significantly augmenting capacity to meet growing market demand.
Exicom Tele-Systems Limited has informed the Exchange regarding 'approval by the board of directors of material subsidiary for conversion of securities.'.
Exicom has launched "Exicom One," an integrated EV charging solution. This new product streamlines deployment, operation, and management of EV charging infrastructure for CPOs, EV manufacturers, and fleet operators in the domestic market.