Exicom Tele-Systems has completed the remittance of third tranche investment on October 10, 2024. This involves subscribing to an additional Euro 7,59,219 ordinary shares each with a nominal value of Euro 1, of Exicom Power Solutions B.V., a wholly owned subsidiary, for cash consideration aggregating to EURO 7,59,219 (equivalent to Rs 7 crore). The object of acquisition aims to meet the fund requirements of Exicom Power Solutions B.V in view of capitalizing the growing business opportunities and global expansion plans.
Exicom Tele-Systems specializes in power systems, electric vehicle (EV) charging, and other related solutions.
| Company Name | CMP |
|---|---|
| Havells India | 1188.25 |
| Siemens | 3503.15 |
| Apar Industries | 14086.80 |
| ABB India | 6833.55 |
| Waaree Energies | 2922.10 |
| View more.. | |
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