The company was incorporated on 27th April 1988 and obtained the certificate of commencement of business on 10th November 1988.
Mr. P. Ramesh who is subjected to the control, guidance and supervision of the Board of Directors manages the day-to-day affairs of the company. He is assisted by a team of qualified and experienced executives.
The company produces miniature reed switches with the technology, supplied by the collaborator. The product is used in various applications as a control device. The process has a wide usage in the aircraft industry, power electronics, telecommunications, industrial control equipment and automobile electronics.
The required raw materials like nickel, iron wire, glass tubes, gold, potassium, cyanide, rhodium replenished, etc., with the exception of certain chemicals and gas for the manufacture of reed switches are imported. Other raw materials and chemicals are sourced locally.
The company has an existing sanctioned load of 532 KW (maximum demand 400 KVA) sanctioned by Tamil Nadu Electricity Board.
There is already a standby diesel generator set of 625 KVA (500+125 KVA capacity) for emergencies, to provide a continuous power in case of an interruption in the power supply.
The company has been provided water supply by MEPZ/SEZ authorities to meet the requirements of production process and non-industrial purposes. In addition there is also an underground water facility available.
The company has the consent of “Tamil Nadu Pollution Control Board” to produce 13 million switches per year.
The manufacturing process involves sealing of two flattened ferromagnetic reeds inside a glass tube in a neutral atmosphere. The reed blades are plated with rhodium and gold under a sophisticated process. The reed switches produced in the company are high quality with high shelf life and quality, conforming to International standards. The company’s products are widely marketed in Europe, the US and other countries.
Marketing & Selling
Firm 100% of export arrangements already exist with the Comus Group of companies. The company has demonstrated over these years, its ability to deliver quality products conforming to the international specification.
The required company’s working capital is at present met by the internal accruals and short term funding by Comus. The company is planning on long-term working capital requirements of the company.
Share Holding Pattern/Share Transfer Work
Share holding pattern:
Foreign promoter – 61.22%
Banks, financial institutions, insurance companies – 0.03%
Private corporate bodies – 2.06%
Indian public – 36
NRIs / OCBs – 0.06%
Others – Clearing Members – 0.06%
TOTAL = 100%
The company has in-house share transfer works and investor grievance department, which, effectively redresses the investor complaints. At no time, the name of the company appeared in the SEBI press release for non-redressal of investor grievances.
SWITCHING TECHNOLOGIES GUNTHER LIMITED
Regd. Office: B9 & B10, MEPZ – Special Economic Zone, Kadapperi, Tambaram, Chennai – 600 045.
CIN No. L29142TN1988PLC015647
BOARD OF DIRECTORS
JOHN D.ROLLO – Chairmen
ROBERT P.ROMANO – Director
P.RAMESH – Managing Director
MARY PATRICIA GALASSO – Additional Director
A.JEYAGANESAN MUTHIAH – Additional Director
HDFC BANK LTD
STATE BANK OF INDIA
REGISTERED OFFICE & WORKS
Plots B9 & B10
MEPZ – Special Economic Zone
Chennai – 600 045
CIN No.: L29142TN1988PLC015647
REGISTRAR FOR ELECTRONIC CONNECTIVITY AND PHYSICAL SHARE TRANSFERS
CAMEO CORPORATE SERVICES LTD
No.1, Club House Road,
Chennai – 600 002
Phone: 91-44-28460390 (5 Lines)