Syrma SGS to Acquire Defence Electronics Player Elcome Integrated Systems
Syrma SGS has announced its plan to acquire a majority stake in Elcome Integrated Systems, a prominent defence electronics solutions provider, for ₹235 crore. The acquisition will be executed through a mix of primary capital infusion and secondary share purchase. The remaining 40% stake will be acquired in multiple tranches over the next three years, […]
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