Apcotex Industries523694Stake acquisition deal
Apcotex Industries to subscribe 7.2 lakh shares (1.275% stake) of Amplus Ampere for INR 72 lakh
By ScoutQuest · · 1 min read
1.27%Shareholding acquired
- Extent
- 1.275% equity stake i.e., 7.2 lakh equity shares of INR 10 each held by NRB Bearings Limited
- Consideration
- Cash consideration — subscription of 7.2 lakh equity shares of Amplus Ampere Private Limited in cash for INR 72 lakh
- Purpose
- captive consumption of solar power generated by Amplus Ampere Private Limited
- Target
- Amplus Ampere Private Limited
- Transaction
- Acquisition (subscription of equity shares)
Apcotex Industries to subscribe 7.2 lakh shares (1.275% stake) of Amplus Ampere for INR 72 lakh.
Target date of incorporation
Earlier intimation of Board approval
Agreement execution date
Also from Apcotex Industries
Earnings conference call scheduled for 29th October 2026 to discuss Q2/H1-FY27 performance
22 Oct 2026
Board meeting on 28 October 2026 to approve audited results for quarter and half year ended 30 September 2026
21 Oct 2026
More numbers
- Cost of acquisitionINR 72,00,000/-
- Equity shares subscribed7,20,000
- Shareholding acquired1.275%
- Face value per equity shareINR 10
- Total value of subscription stated in covering letterINR 72,00,000/-
- Target's last 3 years turnoverRs. 17,24,51,000
- ConsiderationINR 72,00,000/-
Source: BSE · 23 Oct 2026
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