Waaree Renewable Technologies acquires 55% stake in Associated Power
after close1 source ↓written by the desknot a recommendation
- acquisition
- ₹1,225 crore
- in Associated Power
- 55% stake
- to close
- 30 April 2026
Waaree Renewable Technologies has secured board approval for a ₹1,225 crore acquisition of a 55% stake in Associated Power Structures Limited. This strategic move, involving both primary and secondary transactions, is aimed at enhancing Waaree's footprint in the renewable energy sector. The deal is expected to close by 30 April 2026.
Not investment advice. For informational purposes only.