Quality Power Electrical Equipments Limited — JV/Acquisition, 09-01-2026: Acquisition

Quality Power Electrical Equipments Limited has acquired a 50% stake in Sukrut Electric Company Private Limited for Rs. 5.24 Cr. This strategic move strengthens QPOWER's core business in electrical equipment manufacturing, aligning with its expansion goals. Sukrut, which reported a turnover of Rs. 27.44 Cr for FY25, now operates as a joint venture with Yash Highvoltage Limited. This integration is set to enhance QPOWER's operational footprint and market presence.