<h1>Energy company to acquire 51% stake in transformer maker for Rs 500.3 crore, entering transformer manufacturing</h1> An energy company has agreed definitive agreements to acquire a 51% ownership interest in a transformer manufacturer for Rs 500.3 crore, marking its entry into transformer manufacturing. The transaction transfers majority control to the acquirer and is positioned to integrate upstream solar manufacturing with downstream transformer supply, targeting medium-, high- and extra-high-voltage segments and bundled offerings for power producers, distribution utilities and industry. The deal likely raises corporate, competition and sectoral compliance considerations (including approvals, transfer of assets and liabilities, and integration of manufacturing capacities) as the acquirer expands into related storage and inverter businesses.