StockWatch
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Heavy Electrical Equipment
Acquisitions24 Sept 2026, 09:54 pm

Quality Power to Acquire Win Win Speciality Insulators for ₹272.34 Cr

AI Summary

Quality Power Electrical Equipments Ltd announced its board has approved the acquisition of Win Win Speciality Insulators Limited for up to ₹272.34 Crores. The acquisition involves up to 100% of Win Win's equity shares at ₹141.88 per share. The consideration will be a mix of cash and issuance of up to 10,17,123 equity shares of Quality Power via a preferential issue. The company also approved raising up to ₹700 Crores via QIP and will convene an EGM on October 19, 2026, for shareholder approval. Additionally, Mr C. M. Shylendra Kumar was nominated as Nominee Director to Sukrut Electric Company Limited.

Key Highlights

  • Acquisition of Win Win Speciality Insulators for up to ₹272.34 Cr approved.
  • Consideration includes cash and issuance of 10,17,123 equity shares.
  • Board approved QIP to raise up to ₹700 Crores.
  • EGM scheduled for October 19, 2026, for shareholder approvals.
  • Nominee Director appointed to Sukrut Electric Company Limited.