Orient Electric Milestones and Achievements

Orient Electric has achieved several milestones and achievements throughout its history. The company was founded in 1948 by the Bajaj family.

It has a strong presence in the Indian market with a wide range of products including fans, lighting, and home appliances. Orient Electric has a significant market share in the country.

The company has also expanded its operations globally with a presence in over 50 countries. Its products are sold in various regions including Asia, Europe, and the Middle East.

Orient Electric made a significant foray into the Switchgear market in 2015, expanding its offerings as a one-stop solution provider of lifestyle electrical solutions.

The company's smart range of energy-efficient LV Switchgear products includes MCB, RCCB, Isolators, and Distribution Boards, manufactured at its state-of-the-art facility in Noida.

In 2016, Orient Electric became the first Indian lighting brand to receive a 3-Star rating from BEE for its LED lamps, a testament to the company's commitment to innovation and quality.

This achievement demonstrates Orient Electric's dedication to developing products that are not only efficient but also aesthetically pleasing and technologically advanced.

The same year, Orient Electric opened its first exclusive Smart Shop in Karnal, Haryana, allowing consumers to experience and purchase its products under one roof.

Orient Electric Limited (OEL) was formed in 2017 after the company demerged from Orient Paper & Industries Limited (OPIL), becoming a separate listed entity.

Orient Electric has had its credit rating reaffirmed by CARE, with a stable outlook, on August 28, 2025.

The company's bank facilities were reaffirmed with a CARE AA (Stable) and CARE A1+ rating.

A newspaper publication was made on August 28, 2025.

TN Commercial Taxes demanded INR 51,59,48,406 from Orient Electric for the fiscal year 2021-22, which includes tax, interest, and penalty. The company will be appealing this demand.

Orient Electric withheld its final dividend of Rs0.75/share on July 29, 2025, pending updates to PAN, KYC, and nomination details from its physical shareholders.

Tapas Roy Chowdhury, the Business Unit Head, resigned from his position effective August 31, 2025.

In 2015, Orient Electric ventured into the Switchgear market, expanding its offerings to become a one-stop solution provider for lifestyle electrical solutions.

The company's smart range of energy-efficient LV Switchgear products includes MCBs, RCCBs, Isolators, and Distribution Boards, manufactured at its state-of-the-art facility in Noida.

Orient Electric's commitment to innovation earned it a 3-Star rating by BEE in 2016, making it the first Indian lighting brand to achieve this recognition.

This achievement is a testament to the company's dedication to developing cutting-edge, aesthetically pleasing lighting products.

In 2017, Orient Electric was demerged from Orient Paper & Industries Limited and became a separate listed entity, Orient Electric Limited.