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Monday, 07 Sep 20261 update
↔ AI sentiment: Neutral
82% confidence
Integra to Acquire 95% of MagnaTech for ₹298.7 Cr in Share Swap Deal
Integra Switchgear Ltd plans to acquire 95% stake in South Korea's MagnaTech for Rs. 298.7 crore via a share swap deal.
The acquisition aligns with India's renewable energy goals, focusing on battery storage, energy efficiency, and Make in India initiatives.
Source: BSE
Monday, 31 Aug 20261 update
↔ AI sentiment: Neutral
57% confidence
Integra Plans ₹225 Cr Capital Hike, 95% Stake Buy in Magnatech
Integra Switchgear Ltd's board approved increasing authorized share capital to Rs. 225 crore, subject to shareholder approval.
The board proposed issuing shares for preferential allotment and acquisition of 95% stake in Magnatech Co. Ltd via share swap.
Source: BSE