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Elpro International acquires stake in Nestle India, Jyothy Labs

16 Nov 2023 Evaluate

Elpro International has acquired equity shares of Nestle India and Jyothy Labs. The company has acquired 1,718 Equity Shares in Nestle India for Rs 4.14 crore. The company has also acquired 79,885 Equity Shares in Jyothy Labs for Rs 3.54 crore.

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.

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