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
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
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).