9 months ago

Indian Link Chain to Acquire RRP Electronics

Indian Link Chain to Acquire RRP Electronics
Indian Link Chain Manufacturers to acquire majority stake in RRP Electronics · thehindubusinessline.com

Indian Link Chain Manufacturers Ltd is buying most of RRP Electronics Ltd.

This will help them make and test computer chips and medical devices.

After the deal, the company will be called RRP Electronics India Ltd.

The deal is almost done, but they didn't say how much it costs.

The company is run by Rajendra Chodankar and his family.

This move will help them grow in new technology areas.

Key facts

Acquiring Company
Indian Link Chain Manufacturers Ltd
Target Company
RRP Electronics Ltd
Industries Entered
Semiconductor, Medical Devices, High-Tech
New Company Name
RRP Electronics India Ltd
Promoters
Rajendra Chodankar and family

Quotes

Indian Link Chain Manufacturers Ltd

The company acquiring a majority stake in RRP Electronics

“The acquisition will help the company, promoted by Rajendra Chodankar and family, to enter fast-growing semiconductors, electro-optics, medical devices and other high-technology sectors.”
thehindubusinessline.com

Sources

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