ABB India Limited has confirmed the execution of the Share Transfer Agreement (STA) for the sale of its entire shareholding in ABB Robotics India Private Limited to ABB Robotics Schweiz AG (Switzerland). This transaction, initially announced on January 26, 2026, for a consideration of Rs. 1,00,000, was finalized on February 10, 2026. The company expects the final completion and disposal of the shares to occur by February 27, 2026, marking the conclusion of this divestiture.
Execution of Share Transfer Agreement Finalized
ABB India Limited officially informs stakeholders that it has executed the Share Transfer Agreement (STA) concerning the divestment of its equity stake in ABB Robotics India Private Limited. This agreement was signed on February 10, 2026, formalizing the terms previously disclosed.
Transaction Details Confirmed
The transaction involves transferring the Company’s shareholding to ABB Robotics Schweiz AG (Switzerland). The agreed consideration for the Share Transfer remains fixed at Rs. 1,00,000 (Rupees One Lakh only), inclusive of pre and post incorporation expenses.
Key Milestones Confirmed
The announcement provides the necessary timeline updates following the execution of the STA, updating the information that was based on preliminary data:
- The formal agreement for the sale was entered into on February 10, 2026.
- The expected completion date for the sale and disposal of the shares is set for February 27, 2026.
The company requests that these definitive dates be taken on record as the closing process advances as scheduled.
Source: BSE
