StockWatch
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Power Generation
Acquisitions18 Jun 2026, 02:54 pm

Waaree Renewable Completes Acquisition of Associated Power Structures

AI Summary

Waaree Renewable Technologies Ltd has successfully completed the acquisition of Associated Power Structures Private Limited (APSPL). The company acquired 55% equity shares of APSPL through primary and secondary transactions. Consequently, APSPL has now become a subsidiary of Waaree Renewable Technologies Limited. This strategic move is expected to bolster Waaree's position in the renewable energy sector.

Key Highlights

  • Waaree Renewable Technologies acquired 55% equity in APSPL.
  • APSPL is now a subsidiary of Waaree Renewable Technologies.
  • Acquisition completed via primary and secondary transactions.
  • Strategic move to strengthen renewable energy presence.