₹ 1,740.10 -3.10 (-0.18%)
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Overview
- BSE Code 523398
- NSE Symbol JCHAC
- ISIN Demat INE782A01015
- Book Value (₹) 235.74
- Face Value (₹) 10.00
- Market Cap (₹ Cr.) 4,760.02
- P/E (TTM) 78.08
- EPS (TTM) 22.42
- Div Yield (%) 0.86
Performance
Corporate Actions
Johnson Controls - Hitachi Air Conditioning India Limited - Disclosure under SEBI Takeover Regulations
Apr 28, 2025Johnson Controls-Hitachi Air Conditioning Holding (UK) Ltd has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
About Johnson Controls-Hitachi Air Condition. India Ltd
A member of the Lalbhai group, Amtrex Hitachi Appliances Ltd (AHAL) formerly widely referred to as Amtrex Appliances (AAL) was formally created and deployed as a legal entity in Dec.'84, as Acquest Air-conditioning Systems (P) Ltd Company. It was converted into a deemed public limited company in Jun.'89. On 22, Jan.' 99 it issued 5165490 equity shares to Hitachi., Japan and Hitachi India Pvt Ltd., on prefrential basis making Hitachi group co-promoter of the company along with Lalbhai group. Subsequently it has been renamed Amtrex Hitachi Appliances Ltd.
It has a technical collaboration with Hitachi, Japan. Amtrex is a leading manufacturer of air-conditioners. It has two plants, one at Kadi, Gujarat (a backward area), manufacturing air-conditioning and refrigeration appliances and other durables, the other at Silvassa manufacturing air-conditioners.
It currently manufactures room air-conditioners consisting of window, split and multi-split air-conditioners under a technical collaboration with Hitachi, Japan, and markets them under the Amtrex brand. AHAL has broadened its footprint operations into into a joint venture with Cornelius, US, which will hold 51% of the equity in the venture.
In May 2000, the company introduced "Kalmin" a new 1.5 ton window AC with a unique feature of sleep mode which saves on power to a extent of 34%.
The company has adopted the technology route and is constantly developing and introducing new models alongwith upgrading existing models in all categories of Air-conditioning products. During 2000-01, the company has introduced new "LOGICOOL" range of Window and Split Air-conditioners.
During the year 2003, the company changed its name to "Hitachi Home & Life Solutions (India) Ltd."
Founded | : 1984 |
Chairman | : Nobuyuki Tao |
Managing Director | : Sanjay Sudhakaran |
Address | : 9th Floor Abhijeet Building, Mithakhalli Six Rd Ellisbridge, Ahmedabad, Gujarat, 380006, |
HO Tel | : 91-79-6400673 |
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