Acquisitions9 Jul 2025, 08:08 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 with Quality Power Electrical Equipments Limited for the acquisition of 100% stake in Sukrut Electric Company Private Limited. The acquisition will be done jointly and in equal proportion by each organization. The Definitive Agreements are yet to be executed and the necessary information will be submitted and uploaded on the company's website once the due diligence, legal review, and documentation are completed. The acquisition is in accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations,2015 and the Companies Act,2013.
Key Highlights
- Yash Highvoltage Ltd and Quality Power Electrical Equipments Limited to acquire 100% stake in Sukrut Electric Company Private Limited
- The acquisition will be done jointly and in equal proportion by each organization
- The Definitive Agreements are yet to be executed
- The necessary information will be submitted and uploaded on the company's website once the due diligence, legal review, and documentation are completed
- The acquisition is in accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations,2015 and the Companies Act,2013