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Australian Premium Solar (APS) has fully acquired Aplus Solar Cell Limited, increasing its stake from 51% to 100%. This acquisition of the remaining 49% was for a nominal sum of Rs. 0.01 Cr. Aplus Solar, specializing in primary and rechargeable batteries for the solar sector, is now a wholly-owned subsidiary of APS. This strategic move strengthens APS's core business, driving further expansion and enhancing its integrated presence in the solar industry. Aplus Solar reported a turnover of Rs. 1.06 Cr for FY26, and becoming a full subsidiary offers APS complete control for operational synergies and growth.
All announcements from Australian Premium Solar (India) Limited