Elpro International has acquired additional equity shares of Bajaj Finance. The cost of acquisition is Rs 2.99 crore. Bajaj Finance is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC).
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.