Arvind Limited announced the successful completion of its acquisition of 26.60% equity shares in Torrent Urja 21 Private Limited on September 17, 2026. This strategic move follows an earlier agreement dated August 25, 2026, and is executed in accordance with the terms of the Power Transfer Agreement and Share Subscription and Shareholders’ Agreement. The acquisition marks a significant step in the company’s growth strategy.
Arvind Limited Completes Equity Acquisition
Arvind Limited has officially concluded its acquisition of a substantial equity stake in Torrent Urja 21 Private Limited. The company announced on September 17, 2026, that it has successfully acquired 26.60% of the equity shares in Torrent Urja 21 Private Limited. This completion aligns with the previously disclosed agreement made on August 25, 2026, concerning the acquisition of equity shares in both Torrent Urja 12 Private Limited and Torrent Urja 21 Private Limited.
Deal Terms and Execution
The acquisition was finalized in full compliance with the stipulations outlined in the Power Transfer Agreement and the Share Subscription and Shareholders’ Agreement. This strategic investment is expected to further enhance Arvind Limited’s position and operational capabilities within the energy sector.
Source: BSE
