Quality Power Electrical Equipments Limited — Updates, 09-07-2025: Press Release

Quality Power Electrical Equipments Ltd. and Yash Highvoltage Ltd. have signed a Binding Term Sheet to jointly acquire 100% stake in Sukrut Electric Company Pvt. Ltd., a Pune-based transformer component maker with over 60 years of legacy. This strategic move enhances their product portfolio and global reach in the high-voltage equipment sector, positioning them strongly amid rising global demand for transformer components driven by grid modernization and renewable integration. The acquisition aims to scale operations, deepen global presence, and serve key transformer OEMs more effectively. The deal is expected to close within the next two quarters.