About Signify Innovations India Limited
A Comprehensive Overview of Price & Journey
Understanding Signify Innovations India Limited Inception and Growth
Overview
Signify Innovations was incorporated in 2015 and is a Dutch multinational company. It was formerly known as Philips Lighting and is into the manufacturing of electric lights and light fixtures for consumers and professionals. Signify Innovations India Limited (or Signify Innovations India Ltd) is number one in conventional lighting, LED, and connecting lights. Their energy-efficient lighting products and services offer customers comfort, superior quality lighting, and make people's lives easier.
Signify has been a driving force for many innovations and continues to lead the ongoing development of connected lighting systems and services. Its position as the leader in connected lighting makes them the number one company for the Internet of Things.
Signify became the first global lighting company to LiFi-enable office lighting fixtures as of 2018. Their advanced technology solves the problem of WiFi connectivity issues as they provide a stable broadband connection through light waves.
The company is Number one in conventional lighting, LED, and connected lighting. It has 86+ million Connected light points, Signify share price is something investors are keeping a close eye on as they assess the company’s potential growth and market leadership in the lighting sector.
The company’s solid history, such as 6.5 billion Euros in sales in 2020, also increases the confidence of observers of the Signify share price India. The Signify share price will be affected by the company’s ongoing emphasis on innovation and its leadership in the lighting sector.
Products Offered
Broadband data through light
Intelligent Lighting solution
Horticulture Special Lights
Signify Brands:
Philips
Interact
Color Kinetics
Philips Dynalite
Philips Hue
Ecolink
Varilite
WiZ
Board of Directors
Mr. Vinayak K. Deshpande, Chairman and Independent & Non-Executive Director
Mr. Sumit Joshi Vice-Chairman, Managing Director and CEO
Mr. Dibyendu Raychaudhury Whole-time Director & Chief Financial Officer
Mr. Vikas Malhotra Whole-time Director
Ms. Sangeeta Tanwani Independent and Non-executive Director
Mr. Dilip Jose Independent & Non-Executive Director
Registered office
The company’s registered office is in Kolkata, West Bengal, India.
Subsidiaries
The Company does not have any Subsidiary/ Joint Venture/Associate Company
Dividend Details
During the year, the Company paid a dividend of Rs. 10 per share.
Listing Status
DRHP Not Filed
IPO Details
The Company has not provided any information regarding the IPO plans of the company.