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SEPC Limited acquires 90% stake in UAE oil firm

after close1 source ↓written by the desknot a recommendation

in Avenir International
90% stake
via share swap
₹1,530 crore
in 2024
₹171.89 crore

SEPC Limited's board has approved the acquisition of a 90% stake in Avenir International Engineers and Consultants LLC for ₹1,530 crore via share swap, pending approvals. Avenir, specializing in oil and gas engineering, reported a turnover of ₹171.89 crore in 2024 and holds an order book exceeding AED 500 million. This acquisition aims to enhance SEPC's international presence and diversify its revenue streams in the growing oil and gas sector.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 24 Mar 2026, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

SEPC closed +10.0% on the day of the news, from ₹5.11 to ₹5.62; Nifty +1.7% over the same session.

Bulletin at 16:04 IST on 24 Mar 2026. Every change is measured from ₹5.11, the last close before it, on 24 Mar. Nifty 50 is measured over the same sessions.

  • SEPC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
SEPC closes around the bulletin against the close before the news, with Nifty 50 rebased to it4.375.967.55axis spans 73%before the news · 24 Mar5.11Nifty 50SEPCbulletinD0+1+3+518 Mar1 Apr13 AprReference close ₹5.11. 16 sessions from 18 Mar to 13 Apr; the price axis spans 73 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before24 Mar₹5.11basebase
On the day25 Mar₹5.62▲ +10.0%▲ +1.7%+8.3 pp difference
+1 session27 Mar₹5.17▲ +1.2%▼ −0.4%+1.6 pp difference
+3 sessions1 Apr₹5.34▲ +4.5%▼ −1.0%+5.5 pp difference
+5 sessions6 Apr₹5.82▲ +13.9%▲ +0.2%+13.7 pp difference
Gap at the open, % · ₹
▲ +3.9%+0.20 on 25 Mar
Day's range, % · ₹
7.1%≈ 0.36 high to low
Volume on the day
0.72×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
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