Power Grid Corporation of India532898Acquisition deal news
POWERGRID acquires Lakadia C Power Transmission Ltd for about Rs. 19.94 crore under TBCB route
100%Shareholding / control acquired
- Stake Acquired
- 100% (equity shares acquired; full ownership and control)
- Consideration
- Cash consideration - aggregate value of about Rs. 19.94 Crore
- Equity Shares Acquired
- 10,000 equity shares at par at Rs. 10/- each
- Target
- Lakadia C Power Transmission Limited
- Transaction
- Acquisition (100% of a project SPV under TBCB route)
POWERGRID acquires Lakadia C Power Transmission Ltd for about Rs. 19.94 crore under TBCB route.
Incorporation of target company
Acquisition date
Also from Power Grid Corporation of India
POWERGRID acquires 100% of Jam Khambhaliya REZ Transmission Ltd for about Rs. 19.22 crore under TBCB
12 Oct 2026
POWERGRID acquires Lakadia II Power Transmission for about Rs. 18.43 crore under TBCB route
12 Oct 2026
Rajasthan REZ phase-III Part-C1 transmission project completely commissioned
11 Oct 2026
More numbers
- Aggregate considerationRs. 19.94 Crore
- Equity shares comprised in consideration10,000
- Face value per equity shareRs. 10/-
- Shareholding / control acquired100%
- Evacuation capacity - Lakadia Phase-II7.5GW
- Evacuation capacity - Jam Khambhaliya Phase-II5.5GW
- Evacuation capacity - Jamnagar Phase-I1GW
Source: BSE · 12 Oct 2026
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