Quality Power completed the acquisition of a 51% stake in Mehru for INR1.2bn.

Quality Power, a technology-driven company, completed the acquisition of a 51% stake in Mehru, a manufacturer and exporter of instrument transformers, for INR1.2bn. "We are pleased to announce the majority acquisition of Mehru Electrical & Mechanical Engineers, a company with an outstanding legacy in high-voltage instrument transformers. This was one of the main objectives of the recently concluded IPO and I am pleased to share that we have honoured our commitment with lightening speed. From a product portfolio stand point, this strategic move reinforces Quality Power’s commitment to cutting-edge technology, precision engineering, and market leadership in high-voltage equipment," Bharanidharan Pandyan, Quality Power Joint Managing and Whole-time director.