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NSE
Merger & Restructuring
Hariom Pipe Industries Merger & Restructuring Worth ₹10 Cr
Hariom Pipe Industries Limited invested ₹10.0 Crore in its subsidiary, Hariom Power and Energy Private Limited, acquiring 7,14,286 equity shares. This transaction increases its stake to 78.70% post-allotment. The funds will strengthen HPEPL's capital base for its 60 MW solar power project in Maharashtra.
- Value
- ₹10.00 Cr
- Execution
- Allotment approved on May 07, 2026