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Olectra Greentech acquires additional share in Evey Trans (MSR)

20 Aug 2024 Evaluate

Olectra Greentech and EVEY Trans have further acquired 5,01,717 and 5,00,00,000 additional equity shares of Rs 10 each respectively in ‘EVEY TRANS (MSR)’ which will specifically act as a Special Purpose Vehicle for executing the Contract with MSRTC. Consequent to the further allotment, company's stake in EVEY TRANS (MSR) has come down to 1% against initial 34% stake.

As of now, post-acquisition of additional 5,01,717 Equity Shares, the company holds total 5,05, 117 equity shares (including existing shares) amounting to 1% stake in EVEY Trans (MSR).

Olectra Greentech is primarily engaged in the manufacturing of composite polymer insulators and electrical buses.


Olectra Greentech Share Price

1446.35 92.55 (6.84%)
18-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Motors 407.20
Ashok Leyland 158.45
Force Motors 18668.55
Olectra Greentech 1446.35
SML Mahindra 4040.10
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