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Sterlite Technologies completes divestment of stake in IDS UK

06 Oct 2022 Evaluate

Sterlite Technologies has successfully completed divestment of stake in UK-based Impact Data Solutions. Earlier, on September 26, 2022, the company had entered into definitive documents to sell its stake (through its wholly-owned subsidiary) in Impact Data Solutions, UK (IDS UK) to Hexatronic Group AB (publ.).

Sterlite Technologies is one of the industry's leading integrators of digital networks providing All-in 5G solutions.

Peers
Company Name CMP
Polycab India 8216.40
KEI Industries 4579.05
RR Kabel Ltd. 2603.55
Finolex Cables 1395.70
Precision Wire India 443.05
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