Quality Power Declares Interim Dividend, Approves Acquisition Steps

Quality Power Electrical Equipments Ltd's Board of Directors met on August 9, 2026, approving unaudited standalone and consolidated financial results for Q1 FY27. The board also declared an interim dividend of Rs. 0.25 per share for FY27, with a record date of August 14, 2026. Business performance was reviewed positively, noting an order book of approximately ₹1,900 crore. Updates were provided on capacity expansion projects, including the Sangli and HVDC CTC Magnet Wire facilities. The board authorized management to proceed with the acquisition of Winwin Speciality Insulators Limited after a satisfactory due diligence. Merchant bankers were appointed for proposed fundraising, and Mr. C. M. Shylendra Kumar was appointed as Chief Technology Officer.