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Waaree Renewable Technologies announced its acquisition of Associated Power Structures Private Limited will close by 30 June 2026, delayed from 15 June. The extension pushes finalisation to month‑end.
Waaree Renewable Technologies executed an agreement to acquire a 55% stake in Associated Power Structures. This acquisition expands the company's operational footprint through strategic inorganic growth.
Waaree Renewable Technologies Limited (WRTL) has executed definitive agreements to acquire a 55% stake in Associated Power Structures Private Limited for ₹1,225 Crore. The acquisition, involving fresh issuance and existing share transfers, is expected to conclude by June 15, 2026, making APSPL a subsidiary. This strategic move strengthens WRTL's market position.