Olectra Greentech has acquired 2,600 equity shares (26% stake) of Rs 10 each in ‘Evey Trans (MAH)’. Evey Trans (MAH) will be into the business of owning, operating and/ or leasing of electric vehicles (specifically for executing the contract with BEST as a Special Purpose Vehicle in terms of the tender conditions).
Olectra Greentech is primarily engaged in the manufacturing of composite polymer insulators and electrical buses.