The promoters group of the company have added 1,83,000 shares in Salzer Electronics Ltd., from the period May 31, 2017 to July 18, 2017 through off market, taking the total promoters holding in the company to 29.65%.

July 21, 2017

Salzer Electronics Ltd announced that the bodies corporate forming part of the promoters group of the company have added 1,83,000 shares in Salzer Electronics Ltd., from the period May 31, 2017 to July 18, 2017 through off market, taking the total promoters holding in the company to 29.65%.

The present increase of around 1 percent holding by the promoters shows their commitment to enhance the holdings gradually over the period of the time, so to demonstrate their confidence in the business and growth story of Salzer Electronics Limited.

Salzer is a leading player offering total and customised electrical solutions in switchgears, wires & cables and energy management business. it is the largest manufacturer of CAM operated rotary switches & wire ducts in India, with a market share of 25% & 20% respectively. The company caters to a wide range of products with five in-house manufacturing facilities, located in Coimbatore and Himachal Pradesh.