Elpro International has acquired additional 1,86,322 Equity shares of PNB Housing Finance. The company’s previous holding was 2,15,241 equity shares. Total holding with fresh acquisition is 4,01,563 equity shares. The cost of acquisition is Rs 13.70 crore. PNB Housing Finance offers retail customers housing and non-housing loans, including individual home loans, loan against property, non-resident property loan, among others.
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.
