Kritika Wires Acquires 18.89% Stake in HM Power and Cables

Inside the announcement  
As per the NSE circular dated November 27, 2025, Kritika Wires confirmed the acquisition of 18.89% of HM Power and Cables’ equity shares. The transaction was disclosed under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements (LODR), ensuring transparency for shareholders. The move is expected to create synergies between Kritika’s wire manufacturing expertise and HM Power’s cable solutions, enhancing market competitiveness.  

Notable updates  
• Acquisition size: 18.89% equity stake in HM Power and Cables Pvt Ltd  
• Disclosure: Filed via NSE circular under SEBI (LODR) Regulation 30 norms  
• Strategic rationale: Strengthens presence in power and cables sector, enabling diversification  
• Synergies: Potential integration of wire and cable businesses to expand product offerings  
• Governance: Transaction aligned with regulatory compliance and shareholder transparency  

Major takeaway  
The acquisition highlights Kritika Wires’ proactive strategy to diversify and expand into complementary sectors. By investing in HM Power and Cables, the company is positioning itself for stronger market presence and long-term growth in India’s infrastructure and energy ecosystem.  

Sources: NSE Circular, Company Filings