Quality Power Electrical Equipments Ltd (QPOWER) — Board Meeting | 26 September 2026

The EGM scheduled for 19 October 2026 will approve three key resolutions: a preferential share issue to selling shareholders of Winwin Speciality Insulators Limited to settle part of the acquisition consideration (up to 10,17,123 shares at ₹1,460 per share, totaling ₹272.34 crores), a Qualified Institutional Placement (QIP) raising up to ₹700 crores, and approval of related party transactions with promoters. The preferential issue involves a floor price of ₹1,456.40 per share, with valuation by CA Aman Bansal, and requires regulatory approvals. The QIP will be priced per ICDR pricing rules with a maximum 5% discount. Both initiatives require board delegation of powers for execution and regulatory filings.