Elpro International Acquires Equity Shares of Clean Science and Technology Limited for INR 4.04 Crores

Elpro International Limited has acquired equity shares of Clean Science and Technology Limited, a specialty chemicals manufacturing company. The transaction is a fresh acquisition of 37,000 equity shares, which is 37,000 in total. Clean Science and Technology Limited, incorporated in 2003, is a global organization known for its ingenious technologies and unique, innovative, sustainable, and cost-effective catalytic manufacturing processes. The company is among the largest manufacturers of certain chemicals developed in-house. The acquisition is an investment purpose and does not fall under related party transactions. No governmental or regulatory approvals are required for the acquisition. The cost of acquisition is INR 4.04 Crores.