Power Grid Corporation of India532898Acquisition deal news
POWERGRID acquires Lakadia II Power Transmission for about Rs. 18.43 crore under TBCB route
100%Shareholding / control acquired
- Target Acquired
- Lakadia II Power Transmission Limited
- Stake Acquired
- 100%
- Consideration
- Cash consideration; aggregate value of about Rs. 18.43 Crore including 50,000 equity shares at par at Rs. 10/- each
- Target
- Lakadia II Power Transmission Limited
- Transaction
- Acquisition
POWERGRID acquires Lakadia II Power Transmission for about Rs. 18.43 crore under TBCB route.
Date of incorporation
Acquisition date
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30 Sep 2026
More numbers
- Aggregate acquisition considerationRs. 18.43 Crore
- Equity shares acquired (at par)50,000
- Face value per equity shareRs. 10/-
- Shareholding / control acquired100%
- Project capacity (Gujarat-Phase 11)7500MW
Source: BSE · 12 Oct 2026
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