Torrent Power Limited has received approval from the Competition Commission of India (CCI) for its proposed acquisition of 100% equity stake and convertible instruments of Nabha Power Limited from L&T Power Development Limited, the company informed stock exchanges on Wednesday.
The approval was communicated by the CCI on April 7, marking a significant regulatory milestone in the transaction. The detailed order from the competition watchdog is expected to follow.
This development comes in continuation of Torrent Power’s earlier disclosure dated February 16, 2026, regarding its intent to acquire Nabha Power. The transaction is aligned with the company’s strategic expansion plans in the power generation segment.
Torrent Power submitted the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to both BSE Limited and National Stock Exchange of India Limited.
The company has requested the exchanges to take the update on record. Further details regarding the transaction are anticipated upon issuance of the formal CCI order.
