MoneyWorks4Me

Apcotex Industries acquires 5.12% stake in Opera Vayu (Narmada)

24 Apr 2026 Evaluate

Apcotex Industries has completed the acquisition of 33,75,000 (5.12%) equity shares of Opera Vayu (Narmada) for a total value of Rs 3.37 crore on April 23, 2026. The objective of the acquisition is captive consumption of hybrid power generated by Opera Vayu (Narmada).

Opera Vayu (Narmada) is a wholly owned subsidiary of Shivman Wind Energy. 

Apcotex Industries is one of the leading producers of Synthetic Rubber (NBR & HSR) and Synthetic Latex (Nitrile, VP latex, XSB & Acrylic latex) in India.


Peers
Company Name CMP
Apcotex Industries 600.65
Pix Transmission 1720.60
Rubfila Internatl. 68.04
Tinna Rubber & Infra 1034.65
GRP 1940.10
View more..