Vindhya Telelinks’ three wholly owned subsidiaries namely August Agents, Laneseda Agents and Insilco Agents have agreed to acquire 11,07,407 fully paid up equity shares of Rs 10 each of Universal Cable (UCL) constituting 3.19% of total paid up share capital of UCL from Birk Cable by way of inter-se transfer of equity shares amongst Promoters/members of the Promoter Group of UCL through block-deal process.
Vindhya Telelinks is engaged in the manufacture of cables and engineering, procurement and construction (EPC). The company is engaged in the business of manufacturing and sale of telecommunication cables, other types of wires and cables, fiber reinforced plastic (FRP) rods/glass rovings and connectorized cable products.
