Polycab to acquire Silvan Innovation Labs Private Limited
NEW DELHI: Polycab India Limited (PIL) has signed an agreement to acquire 100% stake in Silvan Innovation Labs Private Limited (Silvan). Silvan is a technology company focused on providing cutting edge automation offerings for homes, offices, banks, retail outlets, hotels and other spaces. Silvan pioneered the concept of home automation in the Indian residential building […]
Polycab may file for $300 million share sale
MUMBAI: International Finance Corp.-backed electrical goods maker Polycab will soon file its draft prospectus for an initial public offering (IPO), said two people aware of the development. The IPO will provide an exit route to its existing investors, they added. According to one of the people cited above, the company will pitch for the IPO […]