Acquisition / mergerFiled on BSE ·
POWERGRID acquires Lakadia II Power Transmission Limited under TBCB route
What the filing says
- POWERGRID acquired 100% stake in Lakadia II Power Transmission Limited on 12.10.2026 for approx. ₹18.43 crore including 50,000 equity shares at ₹10 each.
- Lakadia II Power Transmission Limited, incorporated on 09.05.2026, is engaged in power transmission and operates the “Transmission system for Integration of Power from RE Projects in Lakadia REZ in Gujarat-Phase 11 (7500MW)”.
- The acquisition required approvals from the Central Electricity Regulatory Commission; the project involves a new 765/400kV sub-station and 765kV transmission lines in Gujarat.
Original filing
Announcement under Regulation 30 (LODR)-Acquisition
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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.
