Polycab India has completed the disinvestment of 5,20,20,000 equity shares of Rs 10 each of Ryker Base for a consideration of Rs 167.50 crore, subject to adjustment of final sale price in accordance with the Share Purchase Agreement. Consequent to the said disinvestment, Ryker Base ceases to be a wholly owned subsidiary of the Company.
Polycab India is the largest cables & wires manufacturer. It is also the fastest growing company in the Indian cable industry with consistent growth. The company also in the business segment of EPC, Cables.
