Orient Electric Explained

Orient Electric
Founder:C. K. Birla
Type:Public
Traded As:
    Isin:INE142Z01019
    Location City:New Delhi[1]
    Location Country:India
    Area Served:Worldwide[2]
    Key People:Ravindra Singh NegiManaging Director & CEO
    Num Employees:1000
    Industry:Electrical equipment Home Appliances FMEG
    Products:[3]

    Orient Electric Limited is an Indian multinational electrical equipment manufacturer, based in New Delhi and part of USD 3 billion diversified CK Birla Group. It makes fans, lighting, home appliances and switchgears. Orient Electric has manufacturing facilities in Kolkata, Faridabad, Hyderabad and Noida. It exports fans from India to over 30 international markets.[4]

    Orient Electric was a division of Orient Paper & Industries, until its demerger in 2018.[5]

    History

    On 14 July 2023, Orient Electric announced the resignation of Managing Director and CEO Rajan Gupta. On 15 July 2023, Desh Deepak Khetrapal was appointed as the new Managing Director.[6]

    On 31 May 2024, Orient Electric appointed Ravindra Singh Negi as its Managing Director and CEO, succeeding Deepak Khetrapal.[7]

    External links

    Notes and References

    1. Web site: Corporate Office . orientelectric.com . 2015-02-04.
    2. Web site: Orient Electricals is Orient Electric now; name change aimed at new business consolidation plan . economictimes.indiatimes.com . 16 April 2014 . 2015-02-04.
    3. Web site: About Orient Electric . orientelectric.com . 2015-02-04.
    4. News: Orient Electric Ltd - Compliance Certificate In Terms Of Regulation 40 (9 & 10) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 As On September 30, 2018.. @businessline. 2018-10-09. en.
    5. Web site: Orient Electric hits upper circuit. 14 May 2018 .
    6. News: Orient Electric MD & CEO Rajan Gupta Resigns, Desh Deepak Khetrapal Named New MD . 1–2 . BW BusinessWorld .
    7. Web site: People Matters - Interstitial Site — People Matters . 2024-05-30 . www.peoplematters.in.