Waaree Renewable to acquire 55% stake in ASPL for ₹1,225 crore
after close1 source ↓written by the desknot a recommendation
- acquisition
- ₹1,225 crore
- in Associated Power
- 55% stake
- to close
- 30 Apr 2026
Waaree Renewable Technologies Limited has approved a ₹1,225 crore acquisition of a 55% stake in Associated Power Structures Limited (ASPL). The deal, expected to close by 30 Apr 2026, involves a mix of primary and secondary investments, pending due diligence. Following the acquisition, ASPL will operate as a subsidiary of Waaree Renewable.
Not investment advice. For informational purposes only.