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Torrent Power Acquires 51% Stake in Dadra and Nagar Haveli, Daman, and Diu DISCOMs

The company was declared the highest bidder for the acquisition tender in February 2021

March 16, 2022

/ Gourav Mishra
/ Finance and M&A, Other
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Torrent Power announced the signing of a Share Purchase Agreement (SPA) and Shareholders Agreement (SHA) to complete the acquisition of 51% equity share capital in Dadra and Nagar Haveli and Daman and Diu (DNH&DD) power distribution corporation.

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Gourav Mishra

More articles from Gourav Mishra.
AcquisitionDadar and Nagar HaveliDaman and DiuDISCOMTorrent Power
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