Elpro International has acquired additional 14,093 Equity shares of Bombay Stock Exchange (BSE). The company’s previous holding was 1,06,059 equity shares. Total holding with fresh acquisition is 1,20,152 equity shares. The cost of acquisition is Rs 3.68 crore. BSE is an Indian Stock Exchange in Mumbai. The Company facilitates a market for trading in equity, currencies, debt instruments, derivatives, and mutual funds.
Earlier, the company had acquired additional equity shares of Bajaj Finance. The cost of acquisition was Rs 2.99 crore.
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.
