KAYNES TECHNOLOGY IND Share price

The Company was incorporated on March 28 2008 at Mysore Karnataka as a private limited company under the Companies Act 1956 with the name ‘Kaynes Technology India Private Limited’ pursuant to a certificate of incorporation granted by the RoC. Subsequently the name of the Company was changed to ‘Kaynes Technology India Limited’ upon conversion of the Company into a public company pursuant to a special resolution passed by the Shareholders on March 24 2022 and the fresh certificate of incorporation was issued by the RoC consequent upon change of name on conversion to public limited company on March 31 2022.Major events and milestones of the Company :1988- Established as a manufacturing enterprise1995- Obtained ISO 9001:2000 certification for printed circuit board assemblies and electronic manufacturing services.2000- Obtained approval for setting up of 100% hardware export oriented unit under the electronic hardware technology park scheme of government of India for manufacture of populated printed circuit boards2001- Commenced the exporting operations2004- New unit in Himachal Pradesh for resale of printed circuits board assemblies2006- Established manufacturing facility (micro enterprise) in Uttarakhand- Entered into memorandum of understanding with NS-SBU Bharat Electronics Limited Bengaluru for contract manufacturing of PCB assemblies modules and sub-units2008- Incorporation of the Company- Established the Subsidiary Kaynes Technology Europe GmbH a limited liability corporation at Hunenberg Switzerland- Takeover of Kaynes Technology a Proprietorship firm of Ramesh Kunhikannan by the Company2009- Established unit in Chennai for undertaking services related to solenoids electromagnetic relays inductors transformers and electro mechanical parts- Expanded the customer base in Europe in line of the purchase orders received.2010- Received Industry Vertical Specific Quality Management System Certifications for manufacturing and servicing of populated printed circuit boards electromechanical assemblies and transformer for electronic assemblies- Established a unit at Bengaluru Karnataka India- Received Industry Vertical Specific Quality Management System Certifications for manufacturing and servicing ofpopulated printed circuit boards electromagnetic assemblies and cable harness for electronic assemblies for aerospaceapplication2011- Received Industry Vertical Specific Quality Management System Certifications for the custom manufacture of populated printed circuit board assemblies electromechanical assemblies and Patient Monitoring Systems2012- Established manufacturing facility in Mysore Karnataka India2013- Commenced exporting of the products to Australia and Malaysia2016- Established manufacturing facility in Manesar Gurugram Haryana India- Collaboration with Qualcomm Technologies Incorporation for design and manufacturing of software tools and hardware tools for various devices2020- Impetus towards embedded system design and IOT solutions and design skills enhancement2021- Commenced exporting of sensor electric assembly to Phoenix Arizona- Growth in aerospace defence power electronics and expansion into consumer electronics2022- Received approval under the Production Linked Incentive Scheme for White Goods (Air Conditioner and LED Lights)Key Awards Accreditations and Recognition :2005-2006- State Export Excellence Award Government of Karnataka presented by the Visvesvaraya Industrial Trade Centre2007-2008- State Export Excellence Award Government of Karnataka presented by the Visvesvaraya Industrial Trade Centre2007- Special recognition Award “National Award – 2007 for outstanding entrepreneurship efforts” by Ministry of Micro Small and Medium Enterprises Government of India2013- Plaque of honthe for outstanding achievements in manufacturing and corporate social responsibility by the Mysore District Parents association for empowering developmentally disabled2014- Platinum Award for being rated as the highest scoring SMEs in India by the SKOCH Group- SKOCH merit certificate for qualifying amongst India’s Best SMEs by the SKOCH-2014 Group2015- Award for Best Electronics Manufacturing Company at the IESA- Technovation Awards by India Electronics & Semiconductor Association2015- 2016- Award for High Growth in Electronic Hardware Exports - Tier II & III region at the STPI Export Awards 2015-2016- by Software Technology Parks of India- Make in India -Emerging Entrepreneur Award by India Today Group- Excellence Award by NCQC Raipur Quality Circle Forum of India2017-2018- Export Excellence Award for highest exports in electronics hardware sector presented by Ministry of Commerce & Industry Government of India2018- First Prize (MSE) in the Excellence in Manufacturing component at the Elcina defEnnovation Awards- Winner at the Hand Soldering Competition by IPC India- Award for Entrepreneur of the Year (Trendsetter-Manufacturing) by CII Connect- ELCINA defEnnovation Award for Excellence in Manufacturing – Components MSME Category by Elcina2022- ELCINA defEnnovation Award for Excellence in Manufacturing – Product (large scale)