Aartech Solonics Limited
Incorporated in 1982, Aartech Solonics Ltd is a manufacturer of Electrical Machinery and Apparatus N.E.C.
What Aartech files
- Others27
- Board Meeting12
- Investor Meet7
- Important6
- Updates6
- Dividend/Bonus5
Aartech Solonics received ₹1.85 Cr insurance for a Mandideep fire, substantially mitigating the financial impact. The company had booked a ₹1.37 Cr loss for the ₹3.27 Cr damage. Operations are restored with no material adverse business or financial impact.
Aartech Solonics achieved strong Q3 growth, driven by major domestic orders from IOCL, PSPCL, and others. International expansion saw wins in Oman, Qatar, and first Africa exports. Its Bestcase division also earned global top 25 recognition, showing operational resilience.
Aartech Solonics' Mandideep factory experienced a fire, causing asset damage and temporary operational disruption. No human casualties. The company is insured and coordinating with insurers to assess losses, while working to restore normal production swiftly.
Aartech Solonics' wholly-owned subsidiary, Faradigm® Ultracapacitors, has commenced construction of its new manufacturing facility in Mohasa-Babai, Madhya Pradesh. This strategic development aims to produce advanced energy storage systems for renewable energy, defense, and transportation sectors. The new plant, expected to be operational by late 2026, marks a significant expansion into...
Aartech Solonics has announced a board meeting to review the financial results for the quarter and half-year. Key operational highlights include executing an international Bus Transfer System project in Indonesia and securing a major order for Current Limiting Protectors from Qatar, boosting its Middle East presence. Domestically, new orders for...