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Elpro International completes acquisition of 100% stake in Faridabad Management

21 Feb 2024 Evaluate

Elpro International has completed the acquisition of 100% stake in Faridabad Management (FMPL), a Company incorporated under the provisions of Companies Act, 1956. With this acquisition, FMPL is now a wholly owned Subsidiary of the Company. Objects of acquisition are to expand the business operations of the company and to facilitate future business plans of the company. Cost of acquisition is Rs 2.06 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.


Elpro International Share Price

101.55 -0.82 (-0.80%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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