Orient Electric

Orient Electric Limited (OEL) BSE: 541301 is part of the diversified Indian conglomerate CK Birla Group. It is one of the leading consumer electrical brands in India selling fans, lighting, home appliances and switchgears. It was formerly a division of the Orient Paper & Industries (BSE: 502420), which itself is a subsidiary of the $1.8 billion CK Birla Group. The Scheme of Arrangement between Orient Paper & Industries Limited and Orient Electric Limited and their respective shareholders and creditors was sanctioned by National Company Law Tribunal, Kolkata Bench on 9 November 2017. The company got listed on the Bombay Stock Exchange (BSE) & National Stock Exchange (NSE) on 14 May 2018.[5]

Orient Electric Limited
BSE: 541301
IndustryConsumer Electronics
Founded1954
FounderC. K. Birla
Headquarters,
Area served
35 countries across the world[2]
Key people
Rakesh Khanna, (Managing Director & CEO)[3]
ProductsHome appliances, Fans, lighting and Switchgear[4]
Number of employees
900
Websiteorientelectric.com

Orient Electric Limited has manufacturing facilities in Kolkata, Faridabad and Noida. Orient Electric exports fans from India to over 35 international markets.[6]

References


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