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Company Information

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SAAKSHI MEDTECH & PANELS LTD.

31 July 2026 | 03:59

Industry >> Electric Equipment - General

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ISIN No INE0PSK01027 BSE Code / NSE Code / Book Value (Rs.) 62.49 Face Value 10.00
Bookclosure 30/09/2024 52Week High 331 EPS 6.96 P/E 42.46
Market Cap. 521.82 Cr. 52Week Low 147 P/BV / Div Yield (%) 4.73 / 0.00 Market Lot 600.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.

The Company was originally incorporated as a Private Limited Company under the name "Saakshi Machine and Tools Private Limited" on March 25, 2009 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Pune, Maharashtra. Later, on January 27, 2012, the Company took over the business of proprietorship concern of Lt. Vijay Laxman Latkar, namely Supreme Industry. Thereafter the name of the Company was changed from "Saakshi Machine and Tools Private Limited" to "Saakshi Medtech and Panels Private Limited" pursuant to special resolution passed by the shareholders at the Extra Ordinary General Meeting held on February 06, 2023and consequent to name change a fresh Certificate of Incorporation was granted to the Company on March 16, 2023 by the Registrar of Companies, Pune. Subsequently, the Company was converted into a Public Limited Company vide Special Resolution passed by the Shareholders at the Extraordinary General Meeting, held on May 8, 2023and consequently the name of the Company was changed from "Saakshi Medtech and Panels Private Limited" to "Saakshi Medtech and Panels Limited" vide a fresh certificate of incorporation dated June 06, 2023, issued by the Registrar of Companies, Pune, Maharashtra bearing CIN U51909PN2009PLC133690 Nitin Jayantilal Kothari, Neha Nitin Kothari, Atul Jayantilal Kothari and Jyotsna Atul Kothari were the initial subscribers to the Memorandum of Association of the Company.

Major events and milestones of the Company:

2010
- All the shares of the company were purchased by the promoter and promoter group members, Vijay Laxman Latkar, Chitra Vijay Latkar, Aniket Vijay Latkar and Mayuri Aniket Latkar

2011
- Commencement of Factory Unit I at Plot No. EL-23, J Block, MIDC Industrial Area, Bhosari, Pune

2012
- Took over the business of proprietorship concern of Lt. Vijay Laxman Latkar, Supreme Industry

2013
- Awarded Best ESH Award

2015
- Awarded by HIC (Healthcare Innovation Centre) as NPI Development Partner Award

2018
- Received license for commercial production of Medical Diagnostic X-Ray Equipment by AERB

2019
- Started Fabrication of High level Assembly (HLA) to be installed in locomotives
- Commencement of Factory Unit II at T 174, T Block, MIDC, Bhosari, Haveli, Pune

2020
- Crossed Revenue of ? 5,000 Lakhs

2022
- Started supply of Electrical control panels and cabinets for its application in electrical vehicle charging stations
- Received NABL Accreditation for the testing laboratory situated at the factory unit 1

2023
- License to Manufacture Medical Devices for Testing by CDSCO
- Commencement of commercial production at Factory Unit III at T-75 T Block, Pimpri Chinchwad, MIDC Bhosari, Tal- Haveli, Dist-Pune
- Received recognition certificate of Zero Defect Zero Effect from MSME
- Conversion of the Company from Private Limited to Public Limited.