TaxTMI 
TaxTMI 
CCI approves proposed acquisition of 100% equity shares and non-cumulative optionally convertible redeemable preference shares in Nabha Power Ltd. by Torrent Power Ltd.
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....CI approves proposed acquisition of 100% equity shares and non-cumulative optionally convertible redeemable preference shares in Nabha Power Ltd. by Torrent Power Ltd.<BR>News and Press Release<BR>Dat....
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....ed:- 8-4-2026<BR><BR>The Competition Commission of India (CCI) has approved proposed acquisition of 100% equity shares and non-cumulative optionally convertible redeemable preference shares in Nabha P....
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....ower Ltd. by Torrent Power Ltd. The proposed combination entails the acquisition of 100% equity shares and noncumulative optionally convertible redeemable preference shares (on a fully diluted basi....
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....s) in Nabha Power Limited (Target) by Torrent Power Limited (Acquirer) from L&T Power Development Limited (Seller). The Acquirer is a public listed company engaged in the business of power generati....
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....on, power transmission, power distribution and manufacturing and supply of power transmission cables. The Acquirer belongs to the 'Torrent Group', which is inter alia engaged in the power, pharmace....
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....uticals and gas distribution sectors. The Target is a wholly owned subsidiary of the Seller and operates a 2x700 Megawatt supercritical thermal power plant at Rajpura, Punjab, since 2014. Detail....
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....ed order of the Commission will follow. =============<BR> News - Press release - PIB....