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Exicom Tele-Systems LimitedJV/Acquisition, 06-11-2025: Acquisition

06-11-2025 | 06:33 pm

Exicom Tele-Systems has invested an additional **₹15.47 Cr** (Euro 1,515,500) into its wholly-owned Netherlands subsidiary, Exicom Power Solutions B.V. This capital infusion, maintaining a **100% stake**, is crucial for funding the subsidiary's **global expansion** and capitalizing on growing business opportunities. Exicom Power Solutions B.V. operates in the **Electric Vehicle Supply Equipment and Telecom sectors**, focusing on manufacturing **EV chargers**. This move underscores Exicom's commitment to expanding its international footprint in the booming EV charging infrastructure market.

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