Orient Electric Limited
Orient Electric is one of the leading consumer electrical brands in India with a diverse portfolio of fans, lighting, home appliances and switch-gears. The company takes pride in its R&D capabilities, spirit of continuous innovation and commitment to manufacturing cutting-edge lifestyle electrical products that meet the needs and expectations of modern consumers.
What Orient files
- Others69
- Investor Meet35
- Important22
- Updates20
- Board Meeting10
- PPTs8
Orient Electric reported annual revenue of 3,326.39 Cr and a profit of 95.84 Cr for the financial year. The company approved a final dividend of ₹0.75/share, bringing the total annual payout to ₹1.50/share. Operational consolidation at Noida facilities resulted in a 1.51 Cr loss.
Orient Electric launched Aero O2, India's first oxygen-enriching fan. Powered by patented Bio-Oxy Plasma ION+ Technology, it restores up to 90% oxygen and detoxifies indoor air by reducing pollutants and microbes. This innovation aims to enhance air quality for modern urban homes.
Orient Electric has granted 8,57,200 employee stock options at an exercise price of Rs. 213.52 per option. These options will vest over two years, aiming to boost employee incentives and potentially leading to future equity dilution.
Orient Electric has urged physical shareholders to urgently update their KYC details (PAN, nomination, contact, bank info) to avoid withholding of dividends and restrictions on grievance redressal from April 2024. The company has sent communications with instructions and forms for KYC updation via mail, email, or their RTA’s web portal....
Orient Electric Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported a turnover of ₹3,093.68 Cr and net worth of ₹694.30 Cr. It operates mainly in electrical consumer durables (70.24% of turnover) like fans, lighting, switches, and cables. Exports contributed...