Salzer Electronics Limited — Important, 02-06-2025: General Updates

Salzer Electronics has formed a joint venture, Effilume Private Limited, with Schnell Energy Equipments to execute an energy efficiency project in Bengaluru worth Rs. 192 Cr. Salzer holds 49% via its subsidiary, marking a strategic entry into the energy efficiency sector. Effilume will handle designing and implementing energy-saving projects, with no current revenue as it’s newly established. This move diversifies Salzer’s business and positions it to benefit from growing demand in energy efficiency solutions.