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Kaynes Acquires Smart Meter Company Iskraemeco India for ₹430 million

The transaction is expected to be completed within 30 days of executing the SPA

September 30, 2024

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Mysore-based electronics manufacturer  Kaynes Technology has acquired 100% of smart meter company Iskraemeco India, previously held by Iskraemeco Switzerland and Iskraemeco Merjenje, for ₹430 million (~$5.13 million).

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