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Virtuoso Optoelectronics acquires 51% stake of YLP Solutions

09 Sep 2023 Evaluate

Virtuoso Optoelectronics has acquired 51% stake of YLP Solutions. Acquisition will improve the online selling capability, software development capability and access to newer customers segment. Cost of acquisition will be Rs 3.10 lakh. The acquisition is completed within a period of 120 days from the date of execution of Share Purchase Agreement.

Virtuoso Optoelectronics is engaged in manufacturing of high volume, large scale production of consumer & industrial products.


Peers
Company Name CMP
Waaree Energies 2367.00
Apar Industries 14723.15
Havells India 1075.60
Suzlon Energy 38.50
Siemens 3372.00
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