1961 - Industrial Meters Limited was established, by Mr. R. R. Dhoot,
the present Chairman
& Managing Director of the Company. The Company is
engaged in the manufacturing
of Electrical Instruments like Ammeters.
- Meters like Three vector Meter, Maximum Demand Indicator,
Low Power Factor Meter etc.
were introduced and developed for the first time in the
County by the Company.
- The Transformer Division of the Company was established
in the mid sixties at a
time when fast changes in the industrial scene in India
were taking place through
the Rural Electrification Programme.
- The Company's Transformers have won appreciation from all
the customers and
are widely accepted by all the State Electricity Boards,
Railways, Public & Private
sector Undertakings etc. of the Country.
- The Company faced certain labour problems due to
instigation from outsiders
which lead to violent threatening and man handling of
- The Management declared a lock-out from 21/10/89 to
8/4/90. Since then the
Company has not faced any labour problems.
1994 - The Company has issued 1127000 No. of Equity Shares of Rs 10
each as Bonus Shares on 11th April in the ration of
23:20 by capitalising Revaluation Reserve. The issue of
Bonus Shares as aforesaid is contrary to the
of The Institute of Chartered Accountants of India.
1996 - The Meter division of the company continues with its thrust
innovation and has during the year introduced Meters
changeable dials both in India and Overseas.
- The company is in the process of raising Non Convertible
upto Rs.75 Million to meet its working capital
rating BBB+ has been obtained for the instrument.
- The Silvassa plant has been designed to manufacture upto
Transformers as against 132KV/50MVA Transformers
1997 - During the year under review, CRISIL has upgraded the rating
Company's NCD programme from BBB + to A-. The rating
safety with regard to timely payment of interest and
- A major achievement is that the Kandivli Plant has been
certified by DNV,
Netherland for ISO 9001. The company is the first to
receive ISO 9001 Certification in
1998 - The company has entered into the technical collaboration for
of higher rating transformers cum buy back agreement
with Skoda ETD s.r.o.
of the Czech Republic.
- The company during the year entered into a technical
Skoda ETD s.r.o.
1999 - The Silvassa unit of the company has performed well and was
for the full year. The unit has got ISO 9001 accretion
-IMP's Silvassa unit currently has the capacity to produce
transformers upto 2,500 MVA
rating. Induction of Skoda's representatives onto the
board of IMP is currently under
-Company has changed its name from IMP Power Ltd. to IMP Powers Ltd.
- IMP Powers Ltd has has bagged another Export Order for supply of
Power Transformers valuing $ 1 million to Zambia.
-Imp Power has designated E-mail ID for Investor Complaints:
-The Company engaged in the Manufacturing of Power and Distribution
Transformers has added another feather in its cap by manufacturing
and despatching 100 MVA 230 kv class Transformer for Rajasthan Rajya
Vidyut Nigam. The value of this one job is nearly 4 crs.
-IMP Powers secures order worth Rs 20 crores from GETCO
-IMP Powers secures Order worth Rs 65 crores from a renowned EPC
Contractor for supply to Maharashtra State Electricity Board.
-IMP Power has recommended dividend @ 10%
-IMP Powers Recommended a dividend of Re. 1/- (i.e. 10%) and also
recommended a special dividend of Rs. 0.50 (i.e. 5%)