Elpro International has acquired 92,364 equity shares of Arvind Fashions. The company’s previous holding was 2,02,852 equity shares. Total holding with fresh acquisition is 2,95,216 equity shares. The cost of acquisition is Rs 5 crore. Arvind Fashions is one of India's foremost lifestyle companies, with a strong portfolio of renowned fashion brands.
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.
