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Company Profile
Company Profile
Singh Sahney, his family and their associates alongwith foreign collaboraters viz.
Paris Rhone S.A, France. Subsequently, the foreign collaborators equity stake was acquired by Indian promoters. In May 1975 it became a public limited company and commenced commmercial operations in
1977, supplying Auto Electrical Components to reputed original equipment manufacturers. In 1988, the company had faced problems on account of employee strike and recession in the automobile industry
resulting in working capital erosion and which made the unit as a sick unit in 1989. With assistance of BIFR package through its lead financial institution IDBI, revived its viability. Consequent to the net worth
becoming positive the company has been delisted as a sick unit by BIFR on July 1995. In 1995-96, it came out with a rights issue of 19,50,000 equity shares at a premium of Rs. 10/- per share, in the ratio of two
share for every one shares held, for financing the expansion-cum-modernisation plan at Patancheru and set up a new unit at Pondicherry for manufacture of Alternators and Vaccum Pumps for captive purpose.
During 1997-98, the Company had entered into foreign collaboration with M/s Delco Remy, America. Facility to manufacture Passenger Car Starters at NOIDA unit is almost ready. New facilities to manufacture
Heavy Duty Starters to meet requirement of Gen Set & Construction equipment manufacturers is being set up at Pondicherry Unit II. Subsequently, the name has been changed to Delco Remy Electricals India
Ltd. The company is planning to launch Light commercial vehicles and jeeps with the new technology obtained from Delco Remy Korea.
REIL DETAILS
Reil Electricals India Limited manufactures and distributes electrical products for automotive original equipment manufacturers (OEM) in India and internationally. The company primarily offers
starter motors, generators, alternators, regulators, fuel shut off solenoids, and emergency steering motors. It offers heavy duty electrical systems and automotive electrical systems to OEMs,
dealers, and distributors for heavy duty on-road and off-road applications, and automotive applications. Its products are used in passenger cars, medium heavy duty commercial vehicles,
railways, construction applications, mining and agricultural equipment, and diesel engines. The company was formerly known as Remy Electricals India Limited and changed its name to Reil
Electricals India Limited in June 2008. Reil Electricals India Limited was founded in 1979 and is based in Secunderabad, India.
Company Description
CONTACT INFO
146A SP Road
Secunderabad, 500003
India
Fax:
www.remyindia.com
Reil Electricals India Limited manufactures and distributes electrical products for automotive original equipment manufacturers (OEM) in India and
internationally. The company primarily offers starter motors, generators, alternators, regulators, fuel shut off solenoids, and emergency steering motors.
It offers heavy duty electrical systems and automotive electrical systems to OEMs, dealers, and distributors for heavy duty on-road and off-road
applications, and automotive applications. Its products are used in passenger cars, medium heavy duty commercial vehicles, railways, construction
applications, mining and agricultural equipment, and diesel engines. The company was formerly known as Remy Electricals India Limited and changed
its name to Reil Electricals India Limited in June 2008. Reil Electricals India Limited was founded in 1979 and is based in Secunderabad, India.