Elpro International has acquired 80,563 equity shares of Central Depository Services (India) for investment purpose. The cost of acquisition is Rs 15.01crore. Central Depository Services (India) is a Market Infrastructure Institution (MII) and a crucial part of the Capital market structure, providing services to all Market participants - Exchanges, Clearing Corporations, Depository Participants (DPs), Issuers and Investors.
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.
