SEPC Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/03/2026 ,inter alia, to consider and approve the proposed acquisition of Avenir International ....
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SEPC Ltd has informed the stock exchanges that its Board of Directors will meet on March 23, 2025 to discuss and consider the proposed acquisition of Avenir International Engineers and Consultants LLC, based in Abu Dhabi. Avenir International is an engineering and consultancy firm, suggesting SEPC is expanding its international footprint in the engineering services space. The company has stated that further details will be shared with the exchanges once the Board meeting concludes. The intimation has been filed under Regulation 29 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
This is a forward-looking intimation — no deal has been finalized yet. If the acquisition is approved, it could expand SEPC's overseas engineering services presence, but shareholders should wait for the Board's actual decision and deal terms before drawing conclusions.