Yash Highvoltage has executed the share purchase agreement (SPA) for the acquisition of 9,04,758 Equity Shares (50%) of Sukrut Electric Company, jointly with Quality Power Electrical Equipments. Indicative time period for completion of the acquisition is around 3 months.
Sukrut Electric Company is in the business of manufacturing electronic equipments and instruments, pannels & spares, accessories & fittings thereof.
Yash Highvoltage is engaged in the manufacturing and distribution of wide range of transformer bushings - Oil Impregnated Paper (OIP) condenser bushing, Resin Impregnated Paper (RIP) / Resin Impregnated Synthetic (RIS) condenser bushing, High Voltage and High Current bushing, OIP Wall bushing and Oil to Oil bushing.