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Phoenix Lamps Ltd. Company History and Annual Growth Details

The company was incorporated on 26th Day of March, 1991.

The Company has successfully implemented an ambitious 100% Export Oriented Unit Project at Noida Export Processing Zone (NEPZ) for the manufacture of Halogen Lamps, Compact Flourescent Lamps and parts thereof in joint sector with Pradeshiya Industrial & Investment Corporation of UP Ltd. (PICUP), a State Government Undertaking. In technical cum financial collaboration with Phoenix Electric Co.Ltd (PEC), Japan and Soel Isusho Co.Ltd. (SOEI), Japan. If is about 20 Kms. from Delhi on Delhi-Dadri road. Due to proximity to Delhi, all the infrastructural facilities are available. The project incorporates most modern State-of-the-Art Plant and Machinery with online continuous Computer Monitoring (PCL).

Company took possession of the Plot in the last week of September, 1991 and the foundation stone was laid on 08/10/1991 by Mr. Minoru Nishibori, the spark behind Phoenix Worldwide.

The Commercial production of Halogen Lamps started w.e.f. 01-02-93. The plant & Machinery for the manufacture of Compact Fluorescent Lamps (CFL) is undergoing advanced trial runs and the commercial production will be announced as soon as the final caliberation is over. The project of this magnitude and sophistication was completed in a record period of less than 24 months. However, there was a little time overrun. There was also cost overrun mainly due to unfavourable fluctuation of the Japanese Yen and increased interest & increased pre-operative expenses due to extended pre-operative period. However most of such increased has been met by the retention of 15% oversubscription in the Public Issue of the Company.


-Delist from The Delhi Stock Exchange Association Ltd (DSE) with effect from December 11, 2004.


-Delists equity shares from the Calcutta Stock Exchange Association Ltd (CSE),w.e.f. April 25, 2005.


- Phoenix Lamps Ltd has informed that Mr. Rajiv Prasad, has been appointed as Managing Director of the Company for a period of three years with effect from May 10, 2007.


- Company name has been changed from Phoenix Lamps Ltd to Halonix Ltd.

- Halonix Limited has informed that the Board of Directors in their meeting held on June 30, 2009, Mr. Ganapati Rathinam has been appointed as Additional Director on the Board of the Company w.e.f. June 30, 2009.
Oct 21, 12:00 am
Oct 21, 4:14 pm
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