ABB India Ltd. was incorporated in the year 24-12-1949. Its today's share price is 1473.4. Its current market capitalisation stands at Rs 31233.18 Cr. In the latest quarter, company has reported Gross Sales of Rs. 108618.9 Cr and Total Income of Rs.109591.1 Cr. The company's management includes B Gururaj, Jean Christophe Deslarzes, Tarak Mehta, Renu Sud Karnad, Darius E Udwadia, Nasser Munjee, Sanjeev Sharma. It is listed on the BSE with a BSE Code of 500002 , NSE with an NSE Symbol of ABB and ISIN of INE117A01022. It's Registered office is at 21st Floor, World Trade Center,Brigade Gateway, No.26/1,Dr. Rajkumar Road, Malleshwaram - WestBengaluru-560055, Karnataka. Their Registrars are ACC Ltd. It's auditors are B Thiagarajan & Co, Bharat S Raut & Co, BSR & Co LLP, SR Batliboi & Associates LLP, SR Batliboi & Co, SR Batliboi & Co LLP
Apr-22-2019
Write Up On ABB Technology Advantage
-Write up on ABB technology advantage: Global development for localization and deployment
Apr-18-2019
Board Meeting Intimation for Considering Q1 2019 Unaudited Results
-ABB India Limitedhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/05/2019 ,inter alia, to consider and approve Q1 2019 unaudited results
Mar-27-2019
ABB India, Niti Aayog organise workshop on Artificial Intelligence for MSMEs
ABB India and Niti Aayog have organised a workshop to discuss regulatory and financial concerns relating to adoption of Artificial Intelligence and automation technology by micro, small and medium enterprises (MSMEs). The workshop deliberated upon exploring innovative business and economic models to accelerate technology adoption by MSMEs, while optimizing costs.
ABB India is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally.
Mar-05-2019
Demerger
-Inter alia, has approved a scheme of arrangement amongst the Company, ABB Power Products and Systems India Limited (a newly incorporated wholly owned subsidiary of the Company) and their respective Shareholders and Creditors, providing for the demerger of the Companys power grids business to ABB Power Products and Systems India Limited ("Demerger"). The Board of Directors of ABB Power Products and Systems India Limited subsequently (on the same day) also approved the demerger of the Scheme of Arrangement. The Demerger will be undertaken by a NCL T -approved scheme of arrangement under Section 230-232 of the Companies Act, 2013 ("Act") and other applicable provisions of the Act and rules f-amed thereunder, Section 2 (19AA) and other applicable provisions of the Income-tax Act, 1961 and circular no. CFDIDIL3/CIRl2017/21 dated March 10, 2017, read with circular nos. (CFD/DIL3/CIRl2017/26 dated March 23, 2017, CFD/DIL3/CIRl2017/105 dated September 21, 2017 and CFDI DIL3/CIRl2018/2 dated January 03, 2018) issued by the Securities Exchange Board of India ("SEBI Scheme Circular"). The Demerger is subject to necessary approvals including from the Shareholders and Creditors of the Company and the NCLT.
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