Elpro International has acquired equity shares of Religare Enterprises. The cost of acquisition is Rs 3.56 crore. Religare, a Core Investment Company, provides a comprehensive range of financial services through its subsidiaries and operating entities.
Earlier, the company had acquired equity shares of Multi Commodity Exchange of India.
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.
