Shares of Salzer Electronics Ltd were locked at a 20% upper circuit on Wednesday, 8 October, after the company announced that it had been granted a patent for a disconnecting and earthing device for high voltage applications. 

Salzer Electronics was given a patent for its ‘Disconnecting and Earthing Device for High Voltage Applications,’ according to an exchange filing. This demonstrates innovation in creating a compact, efficient, and user-friendly solution for high-voltage disconnection and earthing systems, according to the statement. 

The patented device is intended for traction and locomotive systems, as well as other high-voltage power networks, where safe maintenance and space-saving installation are essential. It has a novel contact design and installer-friendly wiring, which improves both safety and convenience of use while dramatically lowering size compared to traditional models, according to the firm.

“Salzer’s sustained investment in R&D has led to multiple innovations in recent years, reaffirming our commitment to developing advanced electrical solutions that align with evolving industry needs,” Rajesh Kumar, joint managing director, said. “Salzer Electronics further strengthens its position as a technology-driven manufacturer delivering reliable, space-efficient, and safety-oriented solutions for high-performance electrical applications.”

Salzer Electronics is India’s leading provider of entire and customised electrical solutions for switchgear, wires & cables, and energy management, with five in-house manufacturing sites in Coimbatore.

At 3:30 pm, the shares of Salzer Electronics closed 20% higher at Rs 916.90 on NSE.

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