Yash Highvoltage Ltd — Important, 03-10-2025: Company Update
03-10-2025 | 02:08 pm
03-10-2025 | 02:08 pm
YASH HIGHVOLTAGE LIMITED's board has approved a Draft Share Purchase Agreement to acquire 50% of Sukrut Electric Company Private Limited. This acquisition, to be undertaken jointly with Quality Power Electrical Equipments Limited, is a cash-based transaction expected to complete in approximately three months. Sukrut Electric, incorporated in 1981, operates in the electrical equipment manufacturing sector, aligning with YASH HIGHVOLTAGE's core business. Sukrut Electric reported a provisional turnover of Rs. 25.56 Cr for FY 2025, with previous turnovers of Rs. 25.60 Cr (FY 2024) and Rs. 23.38 Cr (FY 2023). This strategic move strengthens the company's position in the industry.
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