Natronix Semiconductor Technology - Singapore (N-Sg) has acquired 2,58,11,207 equity shares of face value Rs 10 each constituting 55.97% of SPEL Semiconductor at price of Rs 7.62 per share from Southern Petrochemical Industries Corporation (SPIC). The board of directors of the company at its meeting held on March 24, 2014 has taken the note of it.
SPEL Semiconductor, established in 1988 is India’s first & only semiconductor IC assembly & test facility. It offers turnkey wafer sort, and IC assembly and test services, as well as failure analysis services.
