Apcotex Industries Limited — JV/Acquisition, 06-05-2026: Acquisition
06-05-2026 · 05:56 pm
Apcotex Industries is acquiring a 1.275% stake in Amplus Ampere Private Limited for ₹0.72 Cr, a strategic move into the power sector. This investment aims to secure captive consumption of solar power generated by Amplus Ampere, an SPV that hasn't started operations yet. For Apcotex, this signifies a step towards backward integration and enhancing operational sustainability by ensuring a dedicated, green energy source, potentially improving cost efficiency in the long run.
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