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Quality Power executes SPA for acquisition of 50% stake in Sukrut Electric Company

07 Oct 2025 Evaluate

Quality Power Electrical Equipments has executed share purchase agreement (SPA) for acquisition of 9,04,758 equity shares (50%) of Sukrut Electric Company, joint venture with Yash Highvoltage (50%). Sukrut Electric Company is in the business of manufacturing electronic equipment and instruments, panels & spares, accessories & fittings thereof. The cost of the acquisition is 5 lakh Euros (around Rs 5.22 crore).

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.

Peers
Company Name CMP
Waaree Energies 2342.90
Apar Industries 17648.65
Havells India 1040.60
Suzlon Energy 38.96
Siemens 3790.00
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