Apcotex Industries Completes Acquisition of 5.12% Stake in Opera Vayu (Narmada) Private Limited
Apcotex Industries Ltd has announced the completion of its acquisition of equity shares in Opera Vayu (Narmada) Private Limited. The transaction was finalized on April 22, 2026, solidifying the company’s interest in the power generation sector.The acquisition was part of a broader initiative to establish a Power Purchase Agreement (PPA) and Share Subscription Cum Shareholders Agreement (SSSHA) with the power producer. Apcotex Industries has acquired a total of 33,75,000 equity shares, amounting to a 5.12% stake in Opera Vayu (Narmada) Private Limited.
The total consideration paid for the shares was INR 3,37,50,000/- (Rupees Three Crore Thirty Seven Lakhs Fifty Thousand Only). The transaction utilized cash consideration.
The strategic objective of this acquisition is the captive consumption of hybrid power generated by Opera Vayu (Narmada) Private Limited.
Opera Vayu (Narmada) Private Limited, which was incorporated on August 1, 2022, operates in the Power Sector and functions as a Special Purpose Vehicle (SPV). It is reported to be a wholly owned subsidiary of Shivman Wind Energy Private Limited.
Key details of the acquisition and the target entity are summarized below:
| Metric | Detail |
|---|---|
| Target Entity | Opera Vayu (Narmada) Private Limited |
| Industry | Power Sector |
| Acquisition Date | April 22, 2026 |
| Investment Value | INR 3,37,50,000/- |
| Shares Acquired | 33,75,000 equity shares |
| Stake Acquired | 5.12% |
| Consideration Nature | Cash consideration |
APCOTEXIND Stock Price Movement
Apcotex Industries Limited shares today slipped by 0.28% to close at ₹399.9, marking a slight dip in the market session. The equity traded with substantial volume, completing the day on 43,927 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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