Board of Shilpi Cable Technologies approves acquisition of UAE based company

At meeting held on 30 December 2016

Shilpi Cable Technologies announced that Board of Directors of the Company in their meeting held on 30 December 2016, approved:

- Acquisition of 100% shareholding of Gulf Aglow LED Lighting FZCO (GAL), a UAE based company incorporated within the laws of UAE. The GAL is engaged in the manufacturing of lighting products.

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