MoneyWorks4Me

Elpro International acquires stake in Page Industries

15 Mar 2024 Evaluate

Elpro International has acquired 2,082 Equity Shares of Page Industries. The cost of acquisition is Rs 7.28 crore. Page Industries, India is the exclusive licensee of Jockey International Inc. (USA) for manufacture, distribution and marketing of the Jockey brand in India, Sri Lanka, Bangladesh, Nepal, UAE, Oman and Qatar. Earlier, the company had acquired 59,650 Equity Shares in Ami Organics.

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.

Peers
Company Name CMP
Lodha Developers 1162.00
Prestige EstatesProj 1473.00
Dilip Buildcon 412.40
DLF 680.50
Oberoi Realty 1850.05
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