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3 hours ago

Waaree Renewable to Acquire 55% Stake in Associated Power Structures for ₹1,225 Crore

Waaree Renewable Technologies (WRTL) is acquiring a 55% stake in Associated Power Structures (APSPL) for ₹1,225 crore to expand into transmission and power infrastructure, making APSPL a subsidiary. The transaction involves purchasing existing shares and subscribing to fresh equity, with completion now expected by June 15, 2026.

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