Sukrut Electric Company Pvt. Ltd. has transferred the shares to Yash Highvoltage Limited.- Revised filed due for Clear view.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Yash Highvoltage Limited has completed the acquisition of 20,42,754 equity shares (50%) of Sukrut Electric Company Private Limited from the company's promoters for a cash consideration of approximately Rs. 5.24 Crores. Following this acquisition, Sukrut Electric has become a joint venture of Yash Highvoltage, with the remaining 50% held by Quality Power Electrical Equipments Limited. Sukrut, incorporated in 1981, manufactures electrical equipment and reported a turnover of Rs. 27.44 Crore in FY2025, up from Rs. 25.60 Crore in FY2024 and Rs. 23.38 Crore in FY2023. The Share Purchase Agreement was signed on October 6, 2025, and the transaction was completed on January 9, 2026. The acquisition is in the same line of business as Yash Highvoltage and is not a related party transaction.
This acquisition makes Sukrut Electric a 50:50 joint venture and is expected to strengthen Yash Highvoltage's position in the electrical equipment manufacturing space. The deal may support future revenue and growth prospects for shareholders, though the financial impact is modest given the relatively small acquisition size.