Quality Power Electrical Equipments Limited — JV/Acquisition, 25-12-2025: Acquisition

Quality Power Electrical Equipments (QPOWER) subsidiary has acquired a 76% majority stake in Veeral Controls Private Limited for ₹15.20 Cr. This strategic move expands QPOWER's technology into high current power conversion, adding proprietary rectifier systems. It creates synergies with QPOWER's existing portfolio, strengthening its presence in critical areas like green hydrogen, industrial, rail, and defense applications. Veeral Controls, specializing in power electronics, brings three decades of expertise and reported a turnover of ₹4.19 Cr in FY25. This acquisition boosts QPOWER's capability to offer comprehensive electrical solutions.