Salzer receives patent for 'Motor Protection Circuit Breaker With Increased Air Gap'

Salzer Electronics Limited (BSE: 517059, NSE: SALZERELEC), among leading players offering total and customised electrical solutions, has received a patent for its Motor Protection Circuit Breaker (MPCB) with increased air gap.

This patent is for a particular design in MPCB. Salzer is the only Indian manufacturer making this product in India. We received the patent for this invention from the Patent Office, Government of India, for a duration of 20 years, ending 2036. This reflects the Company's relentless efforts towards innovation and technology and paves the way for future product development.

Commenting on this development, Mr. Rajesh Doraiswamy, Joint Managing Director, Salzer Electronics Ltd said: "I am happy to announce that we have received the much-awaited patent for our Motor Protection Circuit Breaker with increased air gap. We are the only Indian manufacturer making this product in India.

The Government of India granted us the patent for this invention for 20 years, ending in 2036. This is our second patent in a span of one month and reflects our focus on innovation and technology and sets the tone for future product development.

In line with our ethos, we continue to build on our technological capabilities while staying abreast with new trends and opportunities in the industry. I would like to thank the entire team of Salzer and all our stakeholders for supporting us and taking us forward."

Shares of Salzer Electronics Limited was last trading in BSE at Rs. 198.90 as compared to the previous close of Rs. 204.80. The total number of shares traded during the day was 11275 in over 365 trades.

The stock hit an intraday high of Rs. 207.50 and intraday low of 196.25. The net turnover during the day was Rs. 2273214.00.

Source : Equity Bulls

Keywords

SalzerElectronics INE457F01013 Patent MotorProtectionCircuitBreaker MPCB