Torrent Power gets CCI approval for Nabha Power acquisition
Torrent Power received CCI approval on April 7, 2026, for acquiring 100% of Nabha Power Limited from L&T Power Development Limited. A formal CCI order is expected to follow. This is a significant step in the company's growth strategy.
The acquisition of Nabha Power Limited is a significant corporate action that could impact Torrent Power's market position and future earnings, hence a medium impact.
The CCI approval for the acquisition is a positive development for Torrent Power, indicating progress in its strategic growth plans.
Torrent Power Limited has received communication from the Competition Commission of India (CCI) on April 7, 2026, approving the acquisition of 100% of the equity stake and convertible instruments of Nabha Power Limited from L&T Power Development Limited.
The CCI further informed that a formal order in this regard will follow.
This disclosure is made in continuation of the company's earlier intimation dated February 16, 2026, and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
What to do with a filing like this
Torrent Power Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Torrent Power Limited. Read the original for the full detail.