Harsha Engineers International Ltd. Company History and Annual Growth Details

The Company was incorporated as a private limited company under the provisions of the Companies Act, 1956 pursuant to a certificate of incorporation dated December 11, 2010, issued by the RoC. In order to consolidate the Harsha Group’s India engineering business and solar EPC business, and to get the benefits of synergies, a corporate reorganisation was recently completed effective from the appointed date of April 01, 2020. Subsequently, the Company’s name was changed to Harsha Engineers International Private Limited pursuant to the Scheme approved by Hon’ble National Company Law Tribunal, Ahmedabad Bench vide order dated December 23, 2021 and a fresh certificate of incorporation consequent to name change was issued by the RoC on December 31, 2021. the Company was also converted into a public limited company pursuant to the Scheme and the name of the Company was changed to Harsha Engineers International Limited. A fresh certificate of incorporation consequent upon conversion from private to public company was issued by the RoC on January 1, 2022.

Major events and milestone :

2003

- Establishment of a 100% Export oriented Unit (EOU) at Moraiya, Ahmedabad.

2009

- Partial acquisition of Aastha Tools Private Limited by purchasing its equity shares

2010

- Established a new production facility in Changshu, Jiangsu province, China

- Incorporation of Harsha Abakus Solar Private Limited – Turnkey Solution Provider for Solar Photovoltaics.

2011

- Installed large size bearing cage machinery with capacity of 1,000 tonne at Changodar, Ahmedabad.

2014

- Acquisition of Harsha Precision Bearing Components (China) Co. Ltd. (formerly known as BecoTek Precision Bearing Components (Suzhou) Co. Ltd.), located at Suzhou, Jiangsu province, China

2016

- Acquisition of Harsha Engineers Europe SRL (formerly known as Johnson Metall S.A.) located at Brasov, Romania

2019

- Commissioning of new plant at Changshu, China.

2021

- Consolidated the engineering business and solar EPC business under a single entity pursuant to the Scheme approved by the National Company Law Tribunal, Ahmedabad Bench.