Elpro International has acquired 1,38,366 equity shares of Blue Jet Healthcare. The cost of acquisition is Rs 7.54 crore. Blue Jet Healthcare is a global, science-led, pharmaceutical company evolved as strategic partner for collaboration, development & manufacturing of advance pharmaceutical intermediates and API.
Earlier, the company had acquired 33,33,333 equity shares of Sagility India for Rs 10 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.
