Power Grid Corporation of IndiaPOWERGRIDWatchMajormateriality 79 out of 100
Acquisition of Vindhyachal Varanasi Transmission Limited by POWERGRID under TBCB route
M&Aacquisition
As filed
Power Grid Corporation of India Limited has informed the Exchange about Acquisition of Vindhyachal Varanasi Transmission Limited by POWERGRID under TBCB route.
Why it matters
CapitSignal interpretationAn acquisition spends cash or issues shares today for earnings that arrive later, so the price paid and the funding route decide whether holders gain.