Stock Update
Stock Update
Stock Update
Stock Update
23 February 2024
Servotech Power Systems Ltd., a leading manufacturer of EV chargers in India, has bagged a significant order for nearly 1500 DC fast EV chargers from Hindustan Petroleum Corporation Limited (HPCL) and other EV charger OEMs. The order is valued at 102 crores and involves two charger variants of 60 kW and 120 kW.
30 January 2024
Servotech Power Systems Ltd., a leading EV Charger manufacturer in India, has bagged a major order of 1800 DC Fast EV Chargers from Bharat Petroleum Corporation Limited (BPCL). The project valued at 120 Crores will involve Servotech manufacturing, supplying, installing and strategically deploying these 1800 EV chargers across the nation, particularly at BPCL petrol pumps in major cities, as part of the BPCL E-drive Project. This move is a crucial step in promoting widespread EV charging infrastructure.
02 January 2024
India’s leading EV charger manufacturer has signed an MoU with the Lloyd Institute of Engineering and Technology to promote research, education, training, FDPs, and innovation in EV technology and charging infrastructure by establishing an exclusive research and development centre of excellence on EV charging infrastructure. Servotech extends internship and job opportunities to trainees from the centre of excellence, fostering practical experience and industry exposure.
06 December 2023
Servotech Power Systems Ltd., a leading manufacturer of EV chargers and solar solutions has announced that it has filed two patents in the realm of EV charger technology to revolutionize EV charging infrastructure. These patents enable users to fast charge any GB/T Bharat DC 001 vehicle based on 72v/96VDC through a CCS2 connector using a small additional gadget.
22 November 2023
Servotech Power Systems Ltd., the leading manufacturer of EV Chargers in the country, has bagged 2649 AC EV charger orders from Bharat Petroleum Corporation Limited (BPCL). The company will be responsible for manufacturing, supplying and installing 2649 AC EV Chargers strategically across the nation, equipping petrol pumps in major Indian cities under the BPCL E-drive Project, playing a key role in the widespread implementation of EV charging solutions.
16 November 2023
Servotech, a leading manufacturer of EV Chargers and Solar Products, moves forward with the strategic issuance of 90 Lakhs warrants, which are convertible into equity shares, on a preferential basis. At an issue price of Rs 82 per warrant in cash, totaling an aggregate consideration of Rs 73.8 crore, these warrants carry the right to subscribe to one equity share each, with a face value of ₹ 1.
11 November 2023
Servotech, India’s premier EV Charger manufacturer, proudly declares the creation of its wholly owned subsidiary, Servotech EV Infra Pvt. Ltd. to foray into the EV Charge Point Operator business.
31 October 2023
Servotech Power Systems, a prominent manufacturer of cutting-edge Solar Products and Electric Vehicle chargers, unveiled its impressive financial performance for the quarter ending 30th September 2023.
23 October 2023
Servotech has announced that it has filed two patents for innovative energy management technologies in order to facilitate grid service optimization through a BESS and to effectively channel renewable energy into BESS for maximum value, enabling the transition to sustainable energy.
18 October 2023
Servotech Power Systems Ltd. India’sleading EV charger manufacturer has recently signed two MOUs with IIT Roorkee to develop state-of-the-art rectifier units for CCS2 chargers and Onboard EV chargers for 2, 3 and 4 Wheelers.
13 October 2023
Servotech Power Systems and EMCOR Power Solutions, a prominent name in providing remarkable and technologically EV charging CPO solutions and advanced battery have signed an MOU to Revolutionize EV Charging Infrastructure in India.
26 September 2023
India’s leading EV Charger and Solar Products manufacturer Servotech Power Systems Ltd. recently celebrated its 19th anniversary at its corporate office. This event was marked by the presence of the MD, Directors, and Employees.
11 August 2023
Servotech signed an MoU with Govt. of Uttar Pradesh to set up an EV Charger manufacturing plant in the state along with backward integration. The plant will be set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022.
28 July 2023
India’s leading EV Charger manufacturer Servotech Power Systems Ltd. is pleased to announce the establishment of a wholly owned new subsidiary Techbec Green Energy Pvt. Ltd. with the aim to indigenously manufacture key components for Electric Vehicle (EV) chargers.
21 July 2023
Servotech Power Systems Ltd. (NSE: SERVOTECH), a leading manufacturer of Solar, Electric Vehicle (EV) chargers, Power-backup and other smart power solutions, presented its quarterly financial results for the quarter ended June 30, 2023 at its Board of Directors meeting on July 21, 2023.
06 July 2023
Servotech Power Systems Ltd. (SPSL), a leading manufacturer of EV Chargers and Solar Products announces the successful implementation of SAP S4 HANA Grow, in a remarkable record time. SAP S4 HANA Grow is a cutting-edge enterprise resource planning (ERP) solution that empowers businesses to transform their operations and gain real-time insights for informed decision-making.
30 May 2023
India’s leading EV charger manufacturer Servotech Power Systems Limited showcased its extensive range of EV DC fast chargers during the Electric Vehicle Innovation Summit in Abu Dhabi. Servotech participated in this 3-day-long summit in association with its distribution and marketing partner in the Middle East, Al Ansari Motors.
25 May 2023
India's apex solar organisation, National Solar Energy Federation of India (NSEFI) has finalized the location for the upcoming solar-powered EV-charging carport project in Hauz Khas, Delhi. As per the guidelines of this pilot project, Servotech will cover all phases of the upcoming carport from design to fabrication to implementation.
08 May 2023
Servotech Power Systems Ltd. (NSE: SERVOTECH), a leading manufacturer of Solar, Electric Vehicle (EV) chargers, Power-backup and other smart power solutions, presented its quarterly financial results for the quarter ended March 31, 2023 at its Board of Directors meeting on May 07, 2023.
10 April 2023
Servotech Power Systems Ltd., a leading player in the solar, EV charging and green power solutions space, announced the appointment of B. Tripati Patro as Senior Vice President - Operations. His appointment is one of the strategic steps that will help the company to achieve new benchmarks.
29 March 2023
Leading EV charger manufacturer and solar solutions provider Servotech Power Systems Ltd. (NSE: SERVOTECH) presented a wide portfolio of latest tech-enabled Solar and EV Charging Solutions at 8th Smart Cities India Expo co-located with the 30th Convergence India expo.
03 March 2023
Leading EV charger manufacturer and solar solutions provider Servotech Power Systems Limited is exhibiting its state-of-the-art EV Chargers and Solar products at the India Solar Expo held in Lucknow, Uttar Pradesh, from 2 to 4 March 2023.
20 February 2023
Servotech Power Systems Limited recently announced a partnership with Dubai's Al Ansari Motors LLC, to offer EV charging solutions to Middle Eastern and African markets.
23 January 2023
Servotech presented its quarterly financial results for the quarter ended December 31, 2022 at its Board of Directors meeting on January 21, 2023.
19 January 2023
NSE-listed leading EV Charging and solar power solutions provider Servotech Power Systems Ltd, has supplied 1400 EV chargers in a span of 3 months at different locations across the county.
16 December 2022
Servotech Power Systems Limited, a leading player in the solar, EV charging and green power solutions space, announced the appointment of Dr. Rajesh Mohan Rai as Chief Human Resource Officer, with effect from 15th December, 2022.
13 December 2022
NSE-listed Servotech Power Systems Limited has signed an agreement with India’s apex solar organisation, National Solar Energy Federation of India (NSEFI), to undertake the complete implementation of Solar-powered EV Charger-enabled carport as part of a pilot demonstration.
4 November 2022
Servotech Power Systems Ltd., an NSE-listed leading manufacturer of EV Charging solutions has been awarded a major project by Bharat Petroleum Corporation (BPCL) to supply and install 800 units of DC fast EV Chargers at different locations across the country.
26 September 2022
Servotech Power Systems Limited has been awarded a Letter of Intent (LoI) by the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) for a major 1.8 MW off-grid solar project, installing solar-powered modules of different capacities across the state.
16 September 2022
NSE-listed Servotech Power Systems Ltd. has announced that it has incorporated a subsidiary, Techbec Industries Limited (TIL), which will be engaged in the manufacturing of batteries, particularly lithium-ion batteries, and other allied activities.
20 June 2022
ComPort can track, assess, and report solar system performance, optimising tomorrow’s solar systems while PV port is a fully portable, plug-n-play system.
04 June 2022
Jaipur, Rajasthan: Rajasthan has become India’s solar energy hub. About 50,000 MW of solar power capacity has been developed in the country, of which Rajasthan tops with 22% of total solar power generation.
21 May 2022
Servotech Power Systems Ltd. releases FY21-22 financial results, sees a 64% increase in revenue, 386% increase in profits, 41% growth in EBITDA, and an improved EPS of Rs. 2.15/share.
19 April 2022
India’s first portable solar rooftop system was inaugurated at the Swaminarayan Akshardham temple complex in Gandhinagar, Gujarat.
30 March 2022
To hit new milestones in the EV business and concentrate on devising new strategies and action plans, Servotech Power Systems appoints Deepak Kumar as Vice President of EV Charger Business.
28 Feb 2022
Servotech associates with JSG Group to hit new milestones in the EV business and concentrate on devising new strategies and action plans.
02 February 2022
Servotech Power Systems Ltd. Announces Results for Q3 FY22, Revenue Rises 65% from Q3 FY21
31 January 2022
Servotech inks MoU with Smart Power India to facilitate the creation of a solar ecosystem in the rural regions of India
28 January 2022
Servotech to provide sizeable consignment of Oxygen Concentrators to Smile Foundation
17 January 2022
Servotech secures another project from Uttar Pradesh Medical Supplies Corporation to provide Oxygen Concentrators
04 January 2022
Servotech Power Systems Ltd. initiates the manufacturing of high-tech EV chargers to mark its entry into the EV Market
06 December 2021
Aryabhatta College has nominated Raman Bhatia for the Expert Committee based on National Innovation and Startup Policy (NISP)
23 November 2021
Servotech Power Systems Ltd. bags Off-Grid Solar Project from UPNEDA
12 November 2021
Servotech Power Systems Ltd. Announces Results for H1 FY22, Net Profit Rises 192% from H1 FY21
01 November 2021
Servotech Power Systems has launched its new range of solar street lights to deliver high-quality illumination for outdoor spaces
07 October 2021
Servotech Power Systems Ltd. collaborated with German solar module company 2Power Gmbh to bring PV Technology 2Power WP+ system in India
06 October 2021
Servotech Power Systems Ltd. Migrates from NSE Emerge to Main Board of NSE
20 May 2021
Servotech’s #O2FORALL initiative bringing Oxygen Concentrators and UVC Disinfectant products closer to the Masses