Waaree Energies acquires Associated Power Structures
Waaree Energies agreed to acquire Associated Power Structures. Reported deal value: Undisclosed. Status: Pending. Sector: power transmission and distribution infrastructure. Target headquarters context: Location not specified.
This page summarizes publicly available information about the transaction as of 2026-01-27. Figures and status may change as filings and press coverage update.
At meeting held on 26 January 2026 The board of Waaree Renewable Technologies at its adjourned meeting held on 26 January 2026, has, inter alia, considered and approved to enter into a binding term sheet for acquisition of ~55% of the stake in the equity share capital of Associated Power Structures for a total consideration of Rs 1,225 crore mix of primary & secondary, subject to completion of due diligence and customary closing conditions
Deal timeline
This transaction is classified in power transmission and distribution infrastructure. Figures and status may change as sources update.