Acquisitions9 Jul 2025, 09:51 pm
Yash Highvoltage Ltd to Acquire 100% Stake in Sukrut Electric Company Private Limited
AI Summary
Yash Highvoltage Ltd has executed a Binding Term Sheet for the acquisition of 100% stake in Sukrut Electric Company Private Limited. The acquisition will be jointly done with Quality Power Electrical Equipments Limited in equal proportion. The Definitive Agreements are yet to be executed and the deal is subject to satisfactory due diligence, legal review, and documentation. The necessary information has been updated in the Structural Digital Database (SDD) maintained by the Company and will be uploaded on the Company's website.
Key Highlights
- Yash Highvoltage Ltd and Quality Power Electrical Equipments Limited to acquire 100% stake in Sukrut Electric Company Private Limited
- Acquisition to be done in equal proportion by each organization
- Definitive Agreements yet to be executed
- Deal subject to satisfactory due diligence, legal review, and documentation
- Necessary information updated in the Structural Digital Database (SDD) and will be uploaded on the Company's website