YEAR EVENTS 1968 - The company was incorporated on 20th November, as Electronic Consortium Pvt. Ltd. Subsequently the company become deemed Public Company U/S 43(A) of the Act with effect from 16th June 1988 and subsequently by Special Resolution passed by Shareholders at the Annual General Meeting held on 24th December, 1988. - The original promoters were Mr. Gyan Prakash Bhutani and associates. The Jiwarajka family, the present promoters and owners of the company are managing the company since 1977. - The company is engaged in the manufacture of TVs (both B&W and Colour) which are marketed under the name `Salora'. - The company is also a star export house, exporting products manufactured by itself as well as traded merchandise and is also engaged in distribuiton and marketing of Office Automation Equipment. 1989 - The company changed its name as ECp Ltd. on 6th January. 1992 - The company again changed its name to Salora International Ltd. on 31st March. - The Company continues to be the largest manufacturer in the country of Fly Back Transformers and Deflection Yokes, the two key import substitute components of Television sets. - Project to manufacture Hi-Fi Audio Systems in collaboration with M/s Matsushita Electric Inudstrial Co. Ltd (Japan), under the brand name "National". With this, the Company will establish itself well in the rapidly growing Audio market. 1993 - The Company made its maiden Public Issue of 31,10,000 No. of Equity Shares of Rs. 10/- each at a premium of Rs.40/- per share aggregating Rs. 15.55 Crores. - The Company has recently received the coveted awards for excellent performance in exports. Electronics & Software Export Promotion Council- Highest growth in exports of Consumer Electronics, Apparel Export Promotion Council-2nd Largest Exporter of Knitted Garments, Apparel Export Promotion Council- 4th largest Exporter of Knitted Garments to Non-Quota Countires. - A Technical Assistance Agreement has been signed with M/s Matsushita who are the world's largest producers of entertainment electronics. The products to be manfactured under this Collaboration will be marketed under the world famous "PANASONIC" brand for which a separate Trade Mark Licence Agreement has also been signed with the collaborator. 1994 - Panasonic Project for manufacture of 200,000 Colour TV sets and 400,000 Audio Systems in technical collaboration with Matsushita Electric Industrial Co. Ltd. of Japan. - The Company is getting all-round support from its Japanese collaborators. - Company in its pursuit of excellence has received the ISO 9002 Certification for its Deflection Yoke factory at NOIDA Phase - I and also for its Loud Speaker manufacturing unit at NOIDA Phase -Il. 1995 - The Company has co-promoted a Joint Venture Company - Salora Shinsung Textile Company Ltd, a 100% EOU for manufacture of socks, in collaboration with Shinsung Tongsang Co. Ltd, Korea. - The company has strengthened its R&D facilities and launched new models of Colour and B/W TVs developed by its R&D. - The Company has received Quality Certification ISO 9002, for its Deflection Yoke and Fly Back Transformer factory and also for Loud Speaker Division. 1996 - Panasonic Division was set up to manufacture Colour Televisions and Audio Systems under the brand name "Panasonic" in technical collaboration with Matsushita Electric Industrial Co. Ltd. - The Company has recently introduced new models of Black and White and Colour TV sets under "SALORA" brand. - The Company launched new models of Black & White and Colour TV sets with special features that evoked good response from the consumers. - The Company introduced for the first time in Country the Hyperband series of 20" and 21" FFST Colour Television sets, to cater to the futuristic requirements. - 1,76,40,000 No. of equity shares of Rs.10/- each of the said new company (MTAIC) will be allotted as fully paid up shares to the shareholders of this company in the ratio of 2 shares of MTAIC for one share held in this company. 1997 - The Company has launched a new range of "Panasonic" brand fax machines and printers and also sophisticated whiteboard called "Panaboard". - The Company has signed a Memorandum of Understanding for procuring customized power equipments with a local manufacturer who manufactures High Frequency Power Equipments for telecom sector. - The company has a technical collaboration with Kyushu Matsushita Electric Co. of Japan, which is a world leader in the field of deflection components. - SIL has technical collaboration with the Japan-based Matsushita Electric Industrial Company Ltd for manufacturing FBT. It has recently renewed its technical collaboration agreement for a further period of five years. - SIL has technical collaboration with Matsushita for manufacturing DY. - Salora International's joint venture with Matsushita Electric Industrial Co forbids it from entering into any such agreement with another multinational. - SIL has technical collaboration with Matsushita for manufacturing DY. 1998 - The Company entered into a 50:50 joint venture with Pacer International Inc of the US for providing consultancy and turnkey solutions to the information technology and telecom industries in India. - The Delhi-based Salora International is all set to enter into the computer hardware business. 1999 - The Company, which has entered into an exclusive arrangement to market the recently-launched fax machines of Daewoo Telecom in India and SAARC nations, has readied a focussed marketing strategy for the SOHO segment. - ICRA has upgraded the rating assigned to Rs. 10-crore commercial paper programme of Salora International Ltd (SIL) from `A1' to `A1 '. - The Company has launched a new range of CTVs X-Cite series with `Zero Alignment Product' (ZAP) technology. - The company entered into a 50:50 joint venture with Pacer International Inc of the US for providing consultancy and turnkey solutions to the information technology and telecom industries in India. 2000 - The Company engaged in telecom and electronics business, has set up two software joint venture. - Salora is the verge of signing a joint venture with a UK-based entity for launching commodity exchange trading systems. - The Company has entered into a Tri-partite agreement with CDSL to facilitate the holding and transfer of company's equity shares in dematerialised form. - The Company entered into a joint venture with Bangalore-based Encompass Software Systems and Solutions for software products and services, and vertical portals businesses. - The second joint venture is a 51:49 venture with FX Technologies Ltd for computer distribution and retailing. - The company has launched Jadoonet.com Ltd, a joint venture with Infoquest e-commerce to provide Internet access, the device, Jadoo Classic, provides access to the Internet via a television. - Salora International announced a distribution tie-up with Korean major Samsung for the latter's plain paper for fax machines. - The Company has tie-up with a California based R&D company, Logic , to provide cost-effective Internet solutions for the Indian Market. - Salora International has tied up with Britannia Industries for the "Britannia Khao Cricketer Ban Jao" consumer promotion. - Salora International has launched a range of DVD and VCD players. - Salora International tie up with US firm SRS Labs Inc for innovative audio and vide technology solutions. - Ericsson Communications had entered into a strategic alliance with Salora International for the marketing and distribution of its cellular phones and accessories. 2001 -The Company has launched Promax, a new range of colour televisions. 2003 -Jadoonet.com becomes a subsidiary of Salora International 2004 -The company has recommended dividend @ 30% 2005 -ReignCom ties up with Salora International to roll out Iriver product -Salora International Ltd has entered into Supply & Distribution Agreement with M/s MIM Resources Sdn Bhd a company incorporated in Malaysia, who are the main distributors of M/s TEAC Corporation, Japan -Salora International enters into an agreement with Xerox Modicorp 2006 -Salora International enters into agreement with TEAC Corp, Japan -The company has entered into a Joint Venture and Shareholders Agreement with M/s. Riverstone (HK) Ltd., Hong Kong and M/s. A & O Engineering Co. Ltd., Japan 2007 -The Company has entered into a Distribution Agreement with M/s Fusion Electronics Ltd, New Zealand -The Company has formed a Joint Venture Company at Hong Kong jointly with M/s. Riverstone (HK) Ltd., Hong Kong. 2008 -The company has designated E-mail ID for Investors Complaints: niti.arya@salora.com 2009 - Salora International Ltd has appointed Mr. Surinder Sood, Head Finance & Accounts, as Chief Finance Officer (CFO) of the Company. 2013 -'Fontab' - Salora's First Phone Tablet with High Specs & Voice Calling Facility' -Salora Introduces New Range of high performance Multimedia Speaker System 2014 -SALORA Launches Fully Loaded Full HD '50" Smart LED TV' -Salora launches Zapper3G-14.4 mbps USB Dongle 2015 -Salora International Ltd has started commercial production of Mobile Phone at its factory premises situated at B-31 to 34 & B-50 to 53, Sector - 80, NOIDA (UP).