Torrent Power Limited (TORNTPOWER) — Announcement

· NSE Neutral
📢 Key Event
Torrent Power completes Nabha Power acquisition
🔄 What Changed
NPL became a wholly owned subsidiary
💡 Investor Takeaway
Shareholders now own a larger, integrated power platform with expanded generation capacity.

Torrent Power announced it completed the acquisition of 100% of Nabha Power Limited's equity and convertible instruments from L&T Power Development for ₹3632.35 crore, making NPL a wholly owned subsidiary effective today. The transaction closes a previously disclosed deal and fulfills regulatory approval requirements.

📄 View Original Announcement (PDF)

About Torrent Power Limited (TORNTPOWER)

Power · Power · Listed on NSE

Market Cap: ₹73,872.26 Cr P/E: 29.9

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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