|₹91.7 / ₹24.05|
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Switching Technologies Gunther (STGL) was incorporated in Apr. '88 and has been promoted by M N Kannan. It manufactures and exports hi-tech reed switches which find wide applications in the aircraft industry, industrial control equipment, automobiles and power industry, at its unit in the Madras Export Processing Zone (MEPZ). The company is a 100 per cent EoU and has a buy-back arrangement with its promoter company W Gunther, Nurenberg, Germany. Its collaborator, W Gunther, Germany, has a 61. 22% stake in the company. STG is one of the leading manufacturers and exporters of reed switches and relays in India. Its products are exported to the European markets and have received good responses from them.