Monday, October, 12,2026

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Lord’s Mark Industries Acquires Radio Electric, Strengthens Transformer Manufacturing

New Delhi : Lord’s Mark Industries Limited has acquired Radio Electric Private Limited, the company behind the established Radiotone brand, as part of its strategic expansion into specialised electrical manufacturing and engineering. The acquisition has been undertaken under Lord’s Mark Industries Limited's Lighting & Energy Division.

The acquisition marks a strategic expansion of Lord’s Mark Industries Limited into specialised electrical manufacturing and strengthens its vision of building a diversified, technology-led Indian enterprise through the acquisition and scaling of established businesses with strong technical capabilities and long-term growth potential.

Founded in 1939, Radio Electric Private Limited brings nearly nine decades of engineering and manufacturing heritage, while the Radiotone brand has been established since 1980. The company specialises in variable autotransformers (Variacs) and toroidal transformers, with products largely manufactured to customer-specific requirements. Its portfolio includes three-phase air-cooled Variacs ranging up to 1,000 A, three-phase oil-cooled Variacs ranging up to 2,000 A, double-layer Variacs and tailor-made single-phase toroidal transformers ranging from 30 VA to 20 kVA. The company also manufactures specialised variable transformers, AC power sources, voltage isolation transformers, variable inductors and chokes.

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Engineering expertise built over decades

A key strength of Radio Electric Private Limited is its specialised design know-how in a niche segment where technical expertise and reliability are critical. The company pioneered its double-layer Variac design in 1979-80, which went on to become widely used by servo stabiliser manufacturers. Its high-current manufacturing capability, particularly in three-phase air- and oil-cooled Variacs, represents a specialised engineering capability that is difficult to replicate quickly.

The company has also developed customised solutions for demanding applications. Its isolated double-wound variable transformer, for instance, integrates variable voltage control and isolation into a single transformer configuration, reflecting the company's emphasis on solving specific customer engineering requirements.

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A strategic acquisition built on proven capabilities

The transaction brings together Radio Electric Private Limited’s 87-year manufacturing legacy, the established Radiotone brand, specialised transformer design expertise and high-current manufacturing capabilities with Lord’s Mark Industries Limited’s growth-oriented business platform.

The acquisition gives Lord’s Mark Industries Limited access to a profitable, debt-free operating business with established relationships across approximately 40-50 customers, including blue-chip industrial names, repeat export customers across seven international markets, a trained technical workforce and an established vendor ecosystem.

With the existing manufacturing facility currently operating at approximately 50% of machine capacity on a single shift, Lord’s Mark Industries Limited also gains significant headroom to scale production without immediate large capital expenditure.

A profitable business with sig ant capacity upside

The acquisition provides Lord’s Mark Industries Limited with an established operating manufacturing business rather than a greenfield investment. Radio Electric Private Limited has demonstrated consistent profitability, operates as a debt-free business, and brings an established customer base, export presence and proven manufacturing capabilities to Lord’s Mark Industries Limited.

The company's existing manufacturing infrastructure presents significant scope for enhanced capacity utilisation and production expansion through operational efficiencies and the introduction of additional shifts. With the right marketing strategy, improved utilisation and focused business development, the company is well positioned to scale its operations significantly and build a business with the potential to achieve revenues running into hundreds of crores in the coming years.

Strong customer relationships and an established export footprint

Radio Electric Private Limited has developed a steady customer base of approximately 40—50 businesses, with long-standing relationships including Siemens Limited, Hitachi Hi-Rel Power Electronics Private Limited, Larsen & Toubro Limited, Bharat Bijlee Limited, Aplab Limited, Underwriters Laboratories India Private Limited and Intellux Electronics Private Limited.

The company's customer base has been built largely through engineering reputation, referrals and repeat business, creating an opportunity for Lord’s Mark Industries Limited to now complement this organic customer acquisition model with a structured sales and marketing strategy.

Radio Electric Private Limited also has repeat export customers across seven countries, including markets in Europe, the United States, Canada, South Africa, Dubai and the Philippines. This existing international base provides Lord’s Mark Industries Limited with a platform to deepen exports and pursue additional opportunities across Europe, North America, the Middle East and Africa.

Unlocking the next phase of growth

Following the acquisition, Lord’s Mark Industries Limited plans to build on Radio Electric Private Limited's established strengths through a more structured domestic and international growth strategy. This includes strengthening the sales organisation, developing dealer networks in key industrial clusters, expanding OEM engagement, participating in relevant industrial exhibitions and enhancing the company's digital presence.

The company also sees an opportunity to broaden its customer base beyond servo voltage stabiliser manufacturers to include test and measurement laboratories, educational institutions, research and development centres, electrical original equipment manufacturers and utilities. The existing product portfolio can further be strengthened through potential development of motorised Variacs, variable AC power sources, test benches, isolation and step-up/step-down transformers, digital metered Variacs and automatic voltage regulation and line-conditioning solutions.

From transformer manufacturer to a broader electrical engineering platform

The acquisition also provides Lord’s Mark Industries Limited with a technical platform from which to explore adjacent, higher-value applications. These could include customised toroidal and specialised transformers for medical equipment, audio systems, UPS and inverter applications, solar and energy-storage systems, railways and specialised electronics, alongside inductors, chokes and other engineered transformer solutions.

This creates the potential to progressively transform Radio Electric Private Limited from a specialised transformer manufacturer into a broader electrical engineering and power-control solutions platform, while leveraging its existing manufacturing infrastructure, technical expertise and customer relationships.

Preserving legacy while accelerating growth

Lord’s Mark Industries Limited intends to ensure continuity during the transition, with the existing trained team and vendor ecosystem continuing to support operations and production remaining at the existing facility under the lease arrangement. As part of the transition, Mr. Umesh Marathe will be available as a consultant for one year, enabling the systematic transfer and documentation of critical design and- process knowledge developed over decades.

Commenting on the acquisition, Dr. Sachidanand Upadhyay, MD & CEO, Lord’s Mark Industries Limited, said:

“Radio Electric Private Limited represents a rare combination of engineering heritage, specialised technology, customer trust and significant untapped growth potential. What attracted us was not simply the company'’s history, but the strength of the underlying business a profitable manufacturing operation, established bluechip customer relationships, an export track record and specialised technology refined over decades. Lord's Mark Industries Limited is committed to building high-end transformer manufacturing capabilities to serve the Indian market as well as international markets. This acquisition gives us a strategic edge in the rapidly growing Battery Energy Storage System (BESS) segment, while also enabling us to develop critical components in-house, creating greater value and improving profitability across our medical device business. We see this acquisition as an opportunity to preserve the strengths that have made Radiotone a trusted name while providing the business with a larger growth platform, stronger market access and a more structured approach to domestic and international expansion. Our objective is to take this established Indian engineering capability into its next phase of growth and build a larger, globally competitive electrical manufacturing business.”

The acquisition reflects Lord’s Mark Industries Limited's broader strategic vision of identifying established Indian capabilities, investing in their next phase of growth and creating businesses with the potential to serve larger domestic and international markets. The company believes that combining Radio Electric Private Limited's technical heritage and manufacturing capabilities with Lord’s Mark Industries Limited’s growth orientation can create a scalable platform for long-term value creation.

With this acquisition, Lord’s Mark Industries Limited is not simply adding another business to its portfolio; it is acquiring decades of engineering know-how, an established brand, customer trust, export credentials and a manufacturing platform with room to scale providing the foundation for the next chapter of Radiotone's growth.

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Daily Astro

12-10-2026

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Aries

Ganesha says it will be an important day for you, Aries. Your energy and confidence are ready to take you to new heights. Today you will be able to express your thoughts with clarity, which will increase your communication skills. New opportunities may arise in the working areas, which you have to be ready to take advantage of. In social life, you can make new meetings, which will prove beneficial for you in the future. This day will be good for solving family issues, and you will be able to establish better relations with your close ones. In the field of health, take care of your routine and resort to yoga or meditation to relieve mental stress. Controlling your expenses will be a smart move, as any sudden financial need may arise. Overall, this day is for you to stay positive, just use your insight and energy properly.

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Pisces

Ganesha says it is going to be a positive day for you. Your sensitivity and intuition will flourish today, allowing you to establish better connections between yourself and others. It is time to connect with someone or refresh old memories. Try to communicate with people close to you, as it will strengthen your relationships. In the field of work, your creativity will be cyclical today. If you are working on a project, your ideas will be new and full of innovation. Do not be afraid to share your ideas, it will give you positive feedback from your colleagues. In terms of financial condition, avoid any big investments. Small expenses will prove to be justified but think well before making any big decisions for the long term. In terms of health, focus on a balanced diet and regular exercise. For mental health, practicing meditation or yoga will help keep you stress-free.

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Aquarius

Ganesha says new opportunities are likely to open up for you. You will be in a position to take your creative abilities to new heights. This is the time to share your ideas and make new plans. Your friends and family will support your ideas, so it will be beneficial to take their advice into account. Positive changes are possible in business. This is the right time to work on an important project. You will get an opportunity to use your skills and knowledge properly. But, be careful; in some cases, you will need to control your emotions. In personal life, relationships will deepen. You will try to spend more time with your loved ones. This is a good time for love and companionship. Enjoy emotional moments that will make your relationships stronger. Be health conscious. Dedication to yoga and meditation will give you mental peace. These activities will keep not only your body but also your mind active. Overall, today will be full of possibilities for you. Stay committed to your dreams and work on them.

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Capricorn

Ganesha says your day is full of some new possibilities. You will experience grace and stability in your actions. This is the time to focus on your goals and work with determination to pursue your plans. You are likely to get success in your work, especially if you maintain your hard work and dedication. Positive changes can also be seen in your relationships. You will get a chance to spend time with family and listen to them, which will increase mutual understanding and depth. Focus on communication, as it will make your relationships stronger. However, it is also time to make monthly plans. Take care of your financial matters and try to save. This is the time when you can take concrete steps for your future. Your health condition is likely to remain normal but take some rest. Maintaining a mental balance will be important for you. Stay positive and keep faith in your actions!

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Sagittarius

Ganesha says today will be full of new possibilities and positive energy for you. You will feel a rise in your confidence, which will keep you open to new opportunities. This is the right time to make an important decision. Your spirituality and intuition will be strong, which will enable you to understand and face difficulties. Spending time with friends and family will awaken a sense of happiness and satisfaction in your mind. Relationships with colleagues at work can take a new direction. Cooperation and communication will help solve problems. If you face an obstacle or challenge, remember that you can overcome it. In terms of health, you may need to make a little improvement in your routine. Regular exercise and a balanced diet will give you freshness and energy. Strengthening social relationships and contacting new people will also be beneficial today. This is the time for self-growth and positive change for you, so recognize the energy within you and use it properly.

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Scorpio

Ganesha says today will be full of enthusiasm and energy. You will move towards achieving your goals, and your hard work will pay off. Social life will also be active; you will get a good chance to spend time with friends and family. In terms of health, take a little caution. Focusing on meditation and exercise will help reduce mental stress. This is also a good time to take up a new hobby, which can unleash your creativity. Take wise steps in terms of money. Make informed decisions while investing. For potential financial gains, take a look at past projects again. Your career is showing good signs of progress. Your ideas may be appreciated at the workplace, which will increase your confidence. Still, some issues may require restraint. Overall, today will prove to be positive and auspicious for you. Spend it with pride with your loved ones.

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Libra

Ganesha says today will be a very auspicious and positive day. You will get a chance to clarify your thoughts, which will bring stability to your personal and professional relationships. Your communication skills will increase, and this will open the doors of new possibilities for you. Your creativity and aesthetic sense will be especially strong today. If you are associated with any art or design, your work will be appreciated. This is the right time to express your feelings. If you are confused about a decision, trust your intuition; it will show you the right path. In terms of health, small changes can make your life better. Focus on regular exercise and a balanced diet. In love and relationships, a new understanding will develop, which will strengthen the mutual bond even more. Overall, this day is a sign of positive changes and new beginnings for you. Stay focused on your goals and recognize your inner strengths.

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Virgo

Ganesha says today is a suitable day to highlight your cognitive abilities and business skills. Today, you will be full of clarity and precision in your actions, which will increase your value among your colleagues and superiors. There is a possibility of bringing some changes to your routine, which will bring positive results for you. This is a good time to improve relations with family members. Try to resolve any old disputes, and keep communication open. In terms of health, meditation and yoga will bring mental peace. Also, take some time out of your routine for exercise. From a financial point of view, this is the right time to make a good plan for the right investment. Take a good look at the options available to you and make a wise decision. Overall, today will prove to be a day of new possibilities and positive changes for you. Be full of confidence and stay focused on your goals.

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Leo

Ganesha says today will be a day full of energy and inspiration. Your confidence will increase and your thoughts will come out with clarity. On this day, you will be able to see some new possibilities in your career, which will bring you hard work. Mutual understanding and harmony will increase your relationship, which will create a happy atmosphere among the family. This is a great time to express your thoughts clearly, so do not hesitate to communicate with your partner or friends. It is important to be health conscious, a little exercise and meditation will maintain your mental and physical health. Overall, this day will bring activity and positivity for you, so make the most of all the opportunities!

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Cancer

Ganesha says it will be a day of information and communication for you. Your mind will be full of ideas and you will be able to express your ideas well. There is a possibility of some new opportunities in professional life, which can prove beneficial for you. It is a good time to strengthen relationships with your colleagues, so work together at the workplace. Your emotional state will also be strong. Time spent with family will give you satisfaction. If you have any old problem going on, then the right time is coming to solve it. However, you need to keep your emotions under control, so that you do not get agitated over small things. In terms of health, try to practice yoga and meditation. It will empower you both mentally and physically. Take informed decisions in financial matters; do not rush into any investments. In summary, this day will be all about communication and cooperation, which will lead to positive changes for you.

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Gemini

Ganesha says there will be a new energy and freshness in your thoughts, which will make your personality even more attractive. Social contacts are likely to increase, which will expand your network. You will be inspired to spend blissful time with your friends and family. Some positive changes can also be seen in the business sector. The results of your hard work will gradually start coming, and this will motivate you to move forward. Keep in mind that while sharing your ideology, work with empathy, this will strengthen your relationship with colleagues. It is important to be health conscious. A little attention and relaxation will give you mental freshness. Practicing yoga or meditation will be beneficial for you. This day will be full of positivity and new possibilities for you. Express your mind openly and do not hesitate to adopt new ideas.

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Taurus

Ganesha says it will prove to be a positive day for you, Taurus. You will feel energetic and full of confidence. The time has come to reap the fruits of your hard work and efforts. The workload may stress you for a while, but you will face all the challenges recognizing your strengths. Sweetness will also remain in your relationships. Spending time with your family and friends will be a source of joy for you. Conversation with someone special can give you a new vision and promote mutual understanding. A special occasion may be organized among friends or family, which will bring happiness and harmony to you. Moments spent with loved ones will give you mental peace. It is important to be health conscious. A little exercise or yoga will give peace to your mind and energy to your body. Your day will be full of happiness and positivity, just keep your thoughts and emotions balanced.

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12-10-2026