Quality Power Electrical Equipments to Acquire 50% Stake in Sukrut Electric for ₹5.22 Crore; Shares Drop 1.3%

Mumbai, October 7, 2025: Shares of Quality Power Electrical Equipments Ltd (NSE: QPOWER) ended the trading session down 1.30% at ₹1,036 on Tuesday, following the announcement of a Share Purchase Agreement (SPA) to acquire a 50% stake in Sukrut Electric Company Pvt. Ltd., a joint venture equally held with Yash Highvoltage Ltd.

Quality Power Electrical Equipments Ltd, listed on both NSE and BSE (Code: 544367), operates in the heavy electrical equipment segment, providing advanced power and automation solutions. The company was listed on February 24, 2025, and has maintained an active trading status under the NIFTY IPO index.

Acquisition Details

Quality Power Electrical Equipments Ltd has announced its plan to acquire a 50% equity stake in Sukrut Electric Company Pvt Ltd through a consideration of €5 lakh (approximately ₹5.22 crore). The deal involves the acquisition of 9,04,758 shares, representing half of Sukrut Electric’s paid-up capital.

Quality Power has made sure it is not a related party transaction, and its group companies and promoters have no existing interest in Sukrut Electric. The buyout is also aligned with its core business, and it should enhance its presence in the electrical equipment manufacturing business. The transaction will be completed over a period of three months, depending on the authorisations required by regulation under FEMA.

Market Reaction

Quality Power Electrical Equipments Ltd opened the day at ₹1,054.50, reaching an intraday high of ₹1,055.90 and a low of ₹1,020.00, with the company’s market capitalisation approaching ₹8,000 crore. Over the past year, the stock has demonstrated strong growth momentum, moving between a 52-week high of ₹1,082.00 and a low of ₹267.80. The company currently offers a dividend yield of 0.096%, with a quarterly dividend payout of ₹0.249 per share.

REF: https://nsearchives.nseindia.com/corporate/QPOWER1234_07102025112303_IntimationofSharePurchaseAgreementSukrut07102025Sign.pdf

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