Maxgrow India Limited acquires 74% stake in Hurricane Windfarms Private Limited
Maxgrow India Ltd · Consumer Durables
What the filing says
- Acquired 1,10,999 equity shares at INR 525 per share, constituting 74% shareholding of HWPL
- Hurricane Windfarms Private Limited, incorporated 09/02/2011, is engaged in generating and selling power through wind mills
- Turnover for FY 2025-26 was INR 269.12 lakhs; the table gives 26,912 (2025-26) and 21,030.51 (2023-24), INR in 000
Why it's rated notable: The company acquired a 74% stake in HWPL for cash at INR. 525 per share, making it a subsidiary, and HWPL's FY2025-26 turnover of INR. 269.12 lakhs is small against the company's annual revenue of ₹26,261 crore, so the acquisition is a moderate business event rather than a large one.
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Intimation Under Reg 30 Of SEBI(LODR) Regulations, 2015
Read the filing on BSE (PDF) →Companies guiding to strong growth
Ranked by management's own guidance on revenue and margins — not by us.
Electrical Equipment
Sign up free to see all 6 →
See full rankingsRank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Other acquisition / merger filings this fortnight
- Acquisition / mergerSwelect EnergySwelect Energy Systems to acquire 100% shares of Sushma Solar Energy Pvt Ltd
- Acquisition / mergerUgro Capital LtdUGRO Capital Ltd announces NCLT hearing date for amalgamation scheme with Profectus
- Acquisition / mergerCyient LtdCyient Limited announces Q2 and H1 FY27 financial results and corporate updates
- Acquisition / mergerSagilitySagility Limited reports Q2 FY27 financial results and declares interim dividend
- Acquisition / mergerShyam Metalics & Energy LtdShyam Sel and Power Ltd seeks NCLT approval for scheme to amalgamate Shree Venkateshwara Electrocast Pvt Ltd
- Acquisition / mergerPetronet LNG LtdPetronet LNG signs binding term sheet with Gruner Renewable for CBG JV
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.