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Panasonic Energy India Company Ltd.

BSE: 504093 | NSE: LAKHNNATNL | Series: NA | ISIN: INE795A01017 | SECTOR: Dry Cells

BSE Live

Jul 29, 16:00
314.10 14.15 (4.72%)
Volume
AVERAGE VOLUME
5-Day
27,612
10-Day
21,055
30-Day
25,096
28,909
  • Prev. Close

    299.95

  • Open Price

    310.90

  • Bid Price (Qty.)

    307.30 (50)

  • Offer Price (Qty.)

    311.00 (93)

NSE Live

Dec 27, 11:22
21.25 0.00 (0.00%)
Volume
No Data Available
1,063
  • Prev. Close

    21.25

  • Open Price

    -

  • Bid Price (Qty.)

    - (0)

  • Offer Price (Qty.)

    - (0)

Panasonic Energy India Company is not listed on NSE
Company History - Panasonic Energy India Company
YEAR                      EVENTS
 1972 - The company was incorporated on 24th May, at Vadodara.  The
        company was promoted by Shri D.D. Lakhanpal and Matsushita
        Electric Industrial Co. Ltd. Japan.
 
      - D.D. Lakhanpal entered into a joint venture agreement
 (technical
        and financial) with Matsushita Electric Industrial Co. Ltd.,
        Japan.
 
 1973 - 1,66,666 shares taken up by promoters, directors, etc., and
        2,50,000 shares allotted to Matsushita Electric Industrial
 Co.
        Ltd., Japan without payment in cash.  2,08,334 shares offered
 at
        par to the public in January 1973.
 
 1979 - 825 shares forfeited in 1979 and were reissued to employees
 at
        par.
 
 1981 - 5,00,000 Right Equity shares issued at par in prop. 4:5.
 
 1986 - The Company received a letter of intent for the manufacture
 of
        2,200 lakh pieces of dry batteries per annum with zinc
 chloride
        technology.
 
 1987 - The Company proposed to introduce UM3 type (pencil batteries
 and
        later UM1 type (standard type) batteries with the new
 technology.
 
      - 11,25,000 bonus equity shares issued in prop. 1:1.
 
 1989 - UM 3D (NOVINO GOLD) batteries were introduced.
 
      - The company offered 22,50,000 No. of equity shares of Rs 10
 each
        for cash at par on `Rights basis' in the proportion 1:1 (all
 were
        taken up).
 
      - Another 1,12,500 No. of equity shares were issued to
 employees.
        (only 42,750 shares taken up).  In addition, 28,500 No. of
        equity shares were allotted to the Company's collaborators
        Matsushita Electric Industrial Co. Ltd., to maintain their
 equity
        participation at the existing level of 40%.
 
 1990 - The unsubscribed portion of 69,750 No. of equity shares out
 of
        the employees quota were allotted at par to the employees. 
 On
        account of this, another 46,500 No. of equity share were
 allotted
        at part to the collaborators Matsushita Electric Industrial
 Co.
        Ltd., Japan to maintain their shareholding in the Company at
 40%.
 
 1991 - The Company proposed to expand the existing production
 capacity
        by establishing new plant and machinery to manufacture
 Hi-tech
        Eco-Friendly, Mercury free, UM-3 (R-6) Type of Metal Jacketed
        Penlite Dry cell batteries.
 
 1994 - During the year, superior quality NOVINO SUMO-UM-IS (R-20)
        batteries and PANASONIC Alkaline batteries were introduced.
 
      - The Company introduced superior quality and cost effective
 Novino
        Sumo-UM-2S (R-^) Penlite type of dry cell battery with Zinc
        chloride technology.  The company also introduced Panasonic
        brand Alkaline batteries.
 
      - The company offered 8,43,750 No. of equity shares of Rs 10
 each
        at a premium of Rs 33 per share in `Rights basis' in the
        proportion of 3:10 (all were taken up).  Simultaneously
 another
        19,50,000 shares offered to collaborators Matsushita Electric
        Industrial Co. Ltd. Japan (All were taken up).  Another
 18,750
        shares offered to Indian promoter (All were taken up).
 
 1995 - The Company started implementation of ambitious gas lighter
        project.
 
 1996 - The Company introduced New Novino UM-IPN (R-20) type of dry
 cell
        battery in paper jacket section.
 
 2005
 
 -The Company has recommended a dividend @ 30% for the year.
 
 2006
 
 -Company has changed its name from Matsushita Lakhanpal Battery India
 Ltd. to Panasonic Battery India Co.Ltd. 
 
 -The Company has recommended dividend @15% for the year.
 
 2007
 
 -The Company has recommended a dividend @ Rs 1.50 per share.
 
 2008
 
 -The Company has recommend dividend @ 30% for the year.
 
 - Company name has been changed from Panasonic Battery India Co.Ltd.
 to Panasonic Energy India Company Ltd.
 
 2009
 
 -The Company has recommended dividend @ 10% for the year.
 
 2010
 
 -The Company becomes the only battery manufacturer in India with
 complete eco-friendly battery range than do not contain mercury,
 cadmium and other hazardous chemicals. 
 
 -The Company has recommended dividend @ 20% for the year.
 
 2011
 
 -The Company has recommended dividend @ 20% for the year.
 
 2012
 
 -The Company has recommended dividend @ 20% for the year.
 
 2013
 - Board has recommended a Dividend @ 20% for the year.
 - Launched India's highest performing Panasonic Ultimate dry cell
 battery with longest shelf life of 36 months.
 
 2014
 - Board has recommended a Dividend @ 35% (Rs. 3.50 per share).