Coimbatore-based electrical switch maker Salzer Electronics Ltd on Friday said that it has agreed to acquire 72.32% stake in its peer company Kaycee Industries Ltd in an all cash deal, the company ...

Shares of Kaycee hit their 5% upper circuit on the BSE to close at Rs 3,007.95 apiece. Salzer’s share price closed 15% higher at Rs 135.40 apiece. The company, which manufactures products such as ...