Torrent Power's Q3 profit rises 35% to ₹643 crore; approves ₹7,000 crore NCD issue and declares ₹15 interim dividend.
Torrent Power will acquire Nabha Power for 68.89 billion rupees, expanding coal capacity and entering northern India.
Torrent Power has entered into a definitive agreement with Larsen & Toubro (L&T) Power to acquire 100% of equity stake of its wholly-owned subsidiary, Nabha Power, for ₹6,889 crore.
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