Apcotex Industries Limited has informed the Exchange about Revised Intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Acquisition of shares of Opera Vayu (Narmada) Private Limited
APCOTEXIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Apcotex Industries Limited has completed acquisition of 5.12% equity stake (33,75,000 shares) in Opera Vayu (Narmada) Private Limited for INR 3,37,50,000 (approximately 3.38 Crore) on April 23, 2026. The target company is a Special Purpose Vehicle (SPV) and wholly owned subsidiary of Shivman Wind Energy Private Limited, incorporated in August 2022. The acquisition is intended for captive consumption of hybrid power generated by the SPV. This is a cash transaction and is not a related party transaction. The deal was a revision of an earlier intimation submitted the previous day.
The acquisition is relatively small at 5.12% stake with no material impact on Apcotex's financials. It appears to be a strategic move to secure captive power supply rather than a significant investment for returns.