Quality Power Electrical Equipments Limited — JV/Acquisition, 07-10-2025: Acquisition

QUALITY POWER ELECTRICAL EQUIPMENTS has acquired a 50% stake in Sukrut Electric Company Private Limited for approximately Rs 5.22 Cr. This strategic move strengthens Quality Power's core business, as Sukrut is also in electrical equipment manufacturing, specializing in electronic equipment, panels, and accessories. Sukrut reported a provisional turnover of Rs 25.56 Cr for FY2025. This acquisition aims to enhance the company's product portfolio and market presence within the same industry.