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Elpro International acquires additional stake in Bajaj Finance

14 May 2024 Evaluate

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.

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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