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Waaree Renewable Technologies acquires 55% stake in APSPL

18 Jun 2026 Evaluate

Waaree Renewable Technologies has acquired 55% equity shares of Associated Power Structures (APSPL) pursuant to the allotment of shares under the primary acquisition and transfer of shares under the secondary acquisition. Consequent to the completion of the aforesaid acquisition, APSPL has become a subsidiary of Waaree Renewable Technologies.

Waaree Renewable Technologies operates as a renewable equipment company. The company offers solar PV modules, batteries, and other solar products.


Peers
Company Name CMP
Larsen & Toubro 4139.00
Kalpataru Projects 1346.45
NCC 134.50
Rail Vikas Nigam 199.45
KEC International 333.55
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