Waaree Renewable to acquire 55% stake in APSPL for Rs 1,225 crore
Waaree Renewable Technologies Limited (WRTL) has signed definitive agreements to acquire a 55% stake in Associated Power Structures Private Limited (APSPL), formerly known as Associated Power Structures Limited, in a transaction valued at Rs 1,225 crore. Upon completion of the deal, APSPL will become a subsidiary of WRTL. The acquisition will be executed through a…