Usha Beltron Ltd. is engaged in the manufacture of telecommunication equipment and related items.
With effect from 15-4-00, the company has de-merged its IT and knowledge based subsidiary USHA Martin Infotech Ltd.. Into a new subsidiary.Similiarly the company holds a 42% stake in Usha Communications Technology Ltd(UCT), which it plans to increase to 55% shortly.UCT is engaged in the business of high end telecom software products with a turnover of nearly Rs 500 m.Due to disruption of power by the Bihar Electricity Board, producion was affected marginally.
The company has set up a 25 Mega Watt Captive consumption Plant which will reduce expenses and ensure reliability in supply.The registered office of the company has shifted from Ranchi in Bihar to West Bengal.Similarly the shares of the company have been converted to dematted form.
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