Elpro International has acquired equity shares of Multi Commodity Exchange of India. The cost of acquisition is Rs 10 crore. The Multi Commodity Exchange of India is India's first listed exchange. It is a commodity derivatives exchange that facilitates online trading of commodity derivatives transactions, thereby providing a platform for price discovery and risk management.
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.
