Elpro International has acquired 2,40,685 equity shares of JSW Infrastructure for investment purpose. Cost of acquisition is Rs 5 crore. JSW Infrastructure is a part of the JSW Group, a multinational conglomerate with an international portfolio of diversified assets across various sectors, including steel, energy, infrastructure, cement, paints, venture capital, and sports.
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.
