MoneyWorks4Me

Elpro International acquires 100% stake in FortuneCapital Holding

16 Sep 2023 Evaluate

Elpro International has completed the acquisition of 100% of the equity shares of Fortune Capital Holding (FCHPL), a company registered as a Non-Banking Financial Company (NBFC) with the Reserve Bank of India (RBI). With this acquisition, FCHPL is now a wholly-owned Subsidiary of the company.

Elpro International is the only one outside the United States to manufacture surge arresters and zinc oxide discs with GE technology, acknowledged to be the best in the world.


Peers
Company Name CMP
Lodha Developers 1061.90
Prestige EstatesProj 1486.20
Dilip Buildcon 402.65
DLF 674.00
Oberoi Realty 1707.35
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