Company History - Accurate Transformers
The Company was incorporated on 18th April, 1988 as Private Limited
Company under the name of Accurate Transformers Private Limited. In
the year 1988 itself the company took over the business of erstwhile
proprietorship firm `Transformers (India)', which was engaged in
manufacturing and repair of transformers of different ratings. Mr.
Sharma chief promoters of Accurate Transformers Ltd. was sole
proprietor of `Transformers (India).
Since 1988, after taking over the business of `Transformers India',
company was engaged in repair and manufacture of transformers. In
last six years company has established the production processes and
developed required infrastructure. The company made constant efforts
to add more clientele & provide effective service with the result that
the turnover increased from Rs. 112.92 lacs in 1988-89 to Rs. 633.95
lacs in 1993-94.
The company is presently manufacturing transformers of ratings
varying from 25 KVA to 400 KVA. These transformers are mainly
supplied to various State Electricity Boards including those of Uttar
Pradesh, Rajasthan, Punjab and West Bengal on a Made-To-Order basis.
The Transformers Produced by ATL are in Operation for years and are
being used by various State Electricity Boards for Power transmission
and distribution. The quality and reliability of its products is well
The company has a dedicated work force and has had harmonious
industrial relations with the labour force. It has not faced any
labour problems and has not lost a single man day since Commencement
MAIN OBJECTS OF THE COMPANY
The main objects of the Company as set out in Memorandum & Articles
of Association are as follows:
1. To carry on the business of manufacturers of and dealers in
electrical and electronic products of all kinds, transformers,
generators, meters, accumulators, wires, cables and electronic
devices, controls and their spare parts.
2. To construct, laydown, establish, fix, erect, equip and maintain
transformers, generators, machinery, electrical equipment and cables,
wire lines, accumulators, lamps, fittings and apparatus in the
capacity of principals, contractors or otherwise.
3. To purchase, sell export, import, manufacture, grow, prepare for
market, and deal in all kinds of merchandise, produce commodities,
articles and things which may be required for the purposes of any of
the businesses which the company is authorised to carry on.
- The company has received very good orders in 25 MVA and 40 MVA
transformers. The total value of these orders is Rs 49.05 Crores
(Rupees Forty Nine
Crores and Five Lacs Only).
-Registered office of the Company has been shifted from: 8 Local
Shopping Centre, 3rd Floor, Vardhman Sidhant Plaza, Savita Vihar,
Delhi - 110092 to 8 Local Shopping Centre, 2nd Floor, Vardhman
Sidhant Plaza, Savita Vihar, Delhi - 110092.