Torrent Power completes acquisition of Nabha Power for over INR 36 bln
This story was originally published at 17:28 IST on 25 June 2026
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--Torrent Power buys Nabha Power from L&T Power Development for INR 36 bln
NEW DELHI – Torrent Power Ltd. has completed the acquisition of equity shares and convertible instruments of Nabha Power Ltd. from L&T Power Development Ltd. for INR 36.32 billion, according to an exchange filing Thursday. With the completion of the transaction, Nabha Power has become a wholly-owned subsidiary of Torrent Power, effective Thursday.
For the March quarter, Torrent Power reported a consolidated net profit of INR 3.18 billion on revenues of INR 64.06 billion. Thursday, shares of the company ended at INR 1,413.70 on the National Stock Exchange, down over 2% from Wednesday. End
Reported by Gunjan Rajput
Edited by Akul Nishant Akhoury
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