Swiss Finance Corporation (Mauritius) sold 16,48,314 shares (1.49 percent) of Shilpi Cable Technologies at Rs 13 per share on the BSE on December 8, 2017. UBS Principal Capital Asia bought 16,48,314 shares at Rs 13.
Shilpi Cable Technologies is basically into the manufacture of RF cables to cater to the telecom sector and it also trade in cable accessories. The company’s products are industrial in nature.