
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.
Price Impact
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