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Waaree Renewable acquires 55% stake in Associated Power Structures for Rs 1,225 cr

Waaree Renewable Technologies has acquired a 55 percent stake in Associated Power Structures Pvt Ltd. The deal is valued at Rs 1,225 crore. This acquisition makes Associated Power Structures Pvt Ltd a subsidiary of Waaree Renewable Technologies. Definitive agreements for this acquisition were executed earlier this year. Waaree Renewable Technologies previously held no shares in Associated Power Structures Pvt Ltd.

18 Jun 2026 4:42 pm