Shares of Salzer Electronics Ltd had been locked at a 20% higher circuit on Wednesday, 8 October, after the corporate introduced that it had been granted a patent for a disconnecting and earthing system for prime voltage purposes.
Salzer Electronics was given a patent for its ‘Disconnecting and Earthing Machine for Excessive Voltage Functions,’ in keeping with an trade submitting. This demonstrates innovation in making a compact, environment friendly, and user-friendly resolution for high-voltage disconnection and earthing techniques, in keeping with the assertion.
The patented system is meant for traction and locomotive techniques, in addition to different high-voltage energy networks, the place secure upkeep and space-saving set up are important. It has a novel contact design and installer-friendly wiring, which improves each security and comfort of use whereas dramatically reducing measurement in comparison with conventional fashions, in keeping with the agency.
“Salzer’s sustained funding in R&D has led to a number of improvements in recent times, reaffirming our dedication to growing superior electrical options that align with evolving trade wants,” Rajesh Kumar, joint managing director, mentioned. “Salzer Electronics additional strengthens its place as a technology-driven producer delivering dependable, space-efficient, and safety-oriented options for high-performance electrical purposes.”
Salzer Electronics is India’s main supplier of whole and customised electrical options for switchgear, wires & cables, and vitality administration, with 5 in-house manufacturing websites in Coimbatore.
At 3:30 pm, the shares of Salzer Electronics closed 20% increased at Rs 916.90 on NSE.
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