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Quality Power acquires 51% stake in Mehru Electrical and Mechanical Engineers

07 Mar 2025 Evaluate

Quality Power Electrical Equipments (QPEEL) has acquired 51% stake in Mehru Electrical and Mechanical Engineers (MEMEPL), a leading manufacturer of high-voltage instrument transformers for utilities, industries and power transmission networks, for a total cash consideration of Rs 120 crore, through a Share Purchase Agreement. This acquisition represents a strategic milestone, aligning with Quality Power’s long-term vision to expand its technological capabilities, USP, manufacturing scale and global market reach. 

Quality Power Electrical Equipments is engaged in manufacturing of power products and providing services in the areas of Power Generation, Power Transmission, Power Distribution and Power Automation.


Quality Power Elect. Share Price

1268.45 -9.25 (-0.72%)
21-Apr-2026 10:31 View Price Chart
Peers
Company Name CMP
Havells India 1327.05
Siemens 3748.70
Apar Inds 12097.00
ABB India 7243.80
Waaree Energies 3546.00
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