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Elara Capital reduces stake in Salzer Electronics from 3.99% to 2.92%

Salzer Electronics

Salzer Electronics is the market leaders in India for Rotary Switches, PV application switches & PVC wiring ducts..

Salzer manufactures Rotary Switches, Load Break Switches, Wiring Ducts, Terminal Connectors, Selector Switches, Ammeter Switches, Voltmeter Switches, DC Disconnectors, Electro Magnetic Relays and Magnetic Wires.

Salzer Electronics Share Price April 2016

Elara India Opportunities Fund which held 544,361 shares or 3.99% as of March, 2016 – sold 145,495 shares or 1.07% over a period of 3 days thereby reducing its stake to 398,866 shares or 2.92%.

Elara Capital journey in the global financial markets began in 2002 when Raj Bhatt and a clutch of finance professionals teamed up to set up a firm with an entrepreneurial DNA and a strong value system.

Elara has emerged as one of the leading investment banks for Indian companies looking at overseas fund raising, and was ranked amongst the top investment banks in the Bloomberg league tables. Since the first deal in 2003, Elara has successfully completed over 60 fund raising assignments.

Elara is authorized and regulated by the Financial Conduct Authority (FCA) in United Kingdom and registered as a Category A investment bank.

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