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Milestones of Titan Intech Limited

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Date : 22-11-2024

Recent Developments and Milestones of Titan Intech Ltd

  • EMS Project Approval: Application submitted for securing approval of a ₹550 crore EMS project in Hyderabad and Vijayawada.
  • Strategic Partnership: Collaborated with Obel Systems Pvt. Ltd. for a ₹360 crore WINDS project in Uttar Pradesh, focusing on new data logger development with 100% power and battery redundancy.
  • Equity Acquisition: Acquired a 26% stake in Kakatiya Systems Pvt. Ltd., emphasizing energy management and smart campus implementation using IoT technologies.
  • Major Work Order: Secured a ₹23 crore work order from EECL Ltd. for centralized monitoring and control systems (CCMS).
  • Micro LED Demo Facility: Completed the development of a Micro LED demonstration facility, along with an experience center for showcasing cutting-edge display technologies.
  • Brand Collaboration: Partnered with a Noida-based company for Titan View-branded electronic products, receiving its first implementation order for smart classroom solutions in the education sector.
  • Equity Warrants Allotment: Successfully issued and allotted equity share warrants to strengthen financial resources.
  • Leadership Expansion: Appointed technical and professional directors, including an independent director with expertise in technology and marketing, to enhance leadership and strategic direction.
  • NCD Issue: Initiated the process for issuing ₹50 crore secured, rated, and listed Non-Convertible Debentures (NCDs).
  • First Work Order for Nationwide IFPD Installation: The Company has secured its first work order(sub-contract) to install 65” IFPD LCD screens in 181 CBSE schools spread across the country including Army schools, contributing to enhanced educational infrastructure.
  • Global Tie-Ups: Engaged with international companies for OEM/ODM partnerships to manufacture and supply LCD and SMD LED display modules for the Indian market.
  • Smart Campus Displays: Developing markets for smart campus digital displays using Mini-LED technology in sizes ranging from 110 to 220 inches. These interactive displays aim to replace traditional whiteboards, greenboards, and blackboards, with a strong focus on B2B markets and establishing a dealer-distributor network.