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Toyama Electric Ltd. Company History and Annual Growth Details

The Company, First incorporated on 15th July 1985 as Toyama Electric Private Limited, was converted into a Public Limited Company Toyama Electric Limited on 1st December 1993. The Company was promoted by Shri S. M. M. Azeez and Smt. Basheera Begum.

Toyama initially started assembling cradle relays with technology/plant/components from Alcatel France.

The company continues in the business of manufacturing components for the telecom sector.

The company does not have any subsidiary company.

Toyama was promoted by Mr. S. M. M. Azeez, a technocrat, Mr. Mustafa Kamal.

2003

-Phase 1 Â for increasing the capacity from 12,500 tonnes per annum to 15000 tonnes per annum involving capital expenditure of Rs 310 million.

-Phase II Â for increasing the capacity from 15000 tonnes per annum to 17000 tonnes per annum involving capital expenditure of Rs 75 million.

2004
-Company has recommended dividend @ 7.5%.

2008
-Company has created the email Id: [email protected].

2013

-The Company has recommended payment of dividend at 7.5% for the year 2012-2013.

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