MoneyWorks4Me

S&S Power Switchgear to acquire 49% stake of subsidiary company from COELME

02 Dec 2017 Evaluate

S&S Power Switchgear has entered into an agreement to acquire the Equity Shares (i.e 49% of Shares) of S&S Power Switchgear Equipment (Subsidiary Company) from COELME CostruzioniElettromeccanicheSpA, Italy. After the said acquisition, the Subsidiary Company shall become a wholly owned subsidiary of the company.

S&S Power Switchgear is leading manufacturer of indoor/outdoor MV Switchgear from 3.3-36kV level.

Peers
Company Name CMP
Waaree Energies 2494.35
Apar Industries 18000.00
Havells India 1091.40
Suzlon Energy 43.00
Siemens 3869.00
View more..