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Havells India Limited is a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global presence.It enjoys enviable market dominance across a wide spectrum of products, including Industrial & Domestic Circuit Protection Devices, Cables & Wires, Motors, Fans, Modular Switches, Home Appliances, Air Conditioners, Electric Water Heaters, Power Capacitors…
Havells India is seeking shareholder approval for the appointment of Ashish Dhawan and Shanti Ekambaram as Independent Directors for a five-year term. Their roles were previously approved by the Board after committee input.
Havells India collaborates with Pixii AS to enter India's rapidly growing Battery Energy Storage System (BESS) market. This strategic move strengthens Havells' energy transition portfolio, targeting a market expected to reach ~10-12k INR Cr. by FY30.
Havells India Limited has informed the Exchange about General Updates
Havells clarified its employee stock purchase scheme. Shares will vest over three years in three tranches, with employees having 30 days to exercise rights. This provides clarity on long-term employee incentives.
Company allotted 3,04,810 equity shares at Rs. 1,302.10 each under its ESPS plans, realizing ₹39.70 Cr. This share issue is considered negligible in relation to total paid-up capital, with minimal EPS dilution.