Announced Mon, 29 Jun, 2026 · 20:19 IST
Classic Filaments completes 73.75% acquisition of Solven Power Systems
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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AI summary
Classic Filaments Limited has completed the acquisition of 73.75 percent equity share capital of Solven Power Systems Private Limited by executing a Share Transfer Agreement. With this, Solven Power Systems has become a subsidiary of Classic Filaments. The announcement is a continuation of the company's earlier intimation dated May 15, 2026, regarding the proposed acquisition.
Likely market impact
Adds Solven Power Systems as a subsidiary, expanding Classic Filaments into the power systems sector and diversifying its business portfolio.