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Sterlite Technologies acquires balance 20% stake in Clearcomm

16 Feb 2024 Evaluate

Sterlite Technologies through its wholly owned subsidiary has acquired balance 20% stake in Clearcomm Group (Clearcomm). The Company now holds 100% shares of Clearcomm through its wholly owned subsidiary in UK. First tranche of acquisition of 80% stake was completed in July 2021.

Sterlite Technologies is one of the industry's leading integrators of digital networks providing All-in 5G solutions.

Peers
Company Name CMP
Polycab India 8216.40
KEI Industries 4579.05
RR Kabel Ltd. 2603.55
Finolex Cables 1395.70
Precision Wire India 443.05
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