Our Company was incorporated as "Himachal Exicom Communications Limited", a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation issued by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh, situated at Jalandhar on May 9, 1994. Our Company was granted a certificate of commencement of business on May 11, 1994, by the Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh, situated at Jalandhar. The name of our Company was changed to "Exicom Tele-Systems Limited", pursuant to a resolution passed by our Shareholders on August 6, 2008, and a fresh certificate of incorporation consequent upon change of name issued by the RoC on August 11, 2008.
Major events and milestones: 1994 -Incorporation of our Company
1995 -Commenced manufacturing of DC Power Systems at the erstwhile Solan facility.
2008 -Change of name of our Company to "Exicom Tele-Systems Limited"
2012 -Incorporation of our wholly owned subsidiary, Exicom Tele-Systems (Singapore) Pte. Ltd., in Singapore. -Incorporation of our indirect subsidiary, Horizon Tele-Systems SDN BHD, in Malaysia.
2013 -Commenced trading of Li-ion batteries.
2016 -Commenced manufacture of DC Power Systems at Gurugram Facility I.
2022 -Core membership of Charging Interface Initiative (international charging standard body) obtained. -Started manufacturing of EV Chargers at Gurugram Facility I. -Divestment of our business and assets related to the manufacturing and service of the Li-ion batteries of electric vehicles on a slump sale basis to Exicom Energy Systems Private Limited, a member of our Promoter Group.
2023 -Commenced manufacture of Li-ion batteries at Gurugram Facility II. -Incorporation of our wholly owned subsidiary, Horizon Power Solutions L.L.C-FZ, in Dubai, United Arab Emirates.
2024 -Incorporation of our wholly owned subsidiary, Exicom Power Solutions B.V., in Netherlands.
2025 -The company issued rights shares of Rs. 10 in the ratio of 3:20 at a premium of Rs. 133 per share.
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