Salzer Electronics has acquired 72.32 per cent stake in Kaycee Industries. The acquisition is in line with company’s focus to strengthen Salzers position in the industrial switchgear market by increasing its product offering and expand its footprint in railway business, manufacturing set-up in western India and access to all-India dealer network.
Earlier, the company had entered into a Share Purchase Agreement for acquisition of entire 45,899 equity shares of Kaycee Industries representing 72.32% of the Total paid-up shares at a Price of Rs 3,475 per share from its Principal Promoter - Universal Trust.
Salzer Electronics is a Leading player offering Total and Customized Electrical Solutions in Switchgears, Wires & Cables and Energy Management business. The Company caters to a wide range of products with five In-house manufacturing facilities, located in Coimbatore and Himachal Pradesh.
| Company Name | CMP |
|---|---|
| Havells India | 1269.00 |
| Siemens | 3868.00 |
| Apar Inds | 12797.65 |
| ABB India | 7195.30 |
| Waaree Energies | 3226.00 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: