31-Oct-2026 13:08:18
APCOTEXINDAcquisition and merger
APCOTEXIND : ACQUIRES 1.275% STAKE IN AMPLUS AMPERE FOR RS 72 L
• Apcotex completed acquisition of 7,20,000 equity shares (1.275%) of Amplus Ampere Private Limited from NRB Bearings • Cash consideration for the stake was ₹72 L; acquisition completed on 31 October 2026 • Amplus Ampere is a subsidiary of Amplus Energy Solutions PTE Ltd and operates as an SPV in the power sector • Objective is captive consumption of solar power generated by Amplus Ampere • Amplus Ampere reported FY25-26 turnover of ₹17.25 Cr
Apcotex Industries Ltd
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