Divine Power Energy Ltd, through its wholly owned subsidiary Vimlesh Industries, has executed a machinery supply arrangement aimed at strengthening production capabilities. This follows Divine Power’s ₹70 crore acquisition of Vimlesh earlier this year. The deal enhances operational efficiency and positions the company to meet rising demand in the insulated wire and strip market.
Divine Power Energy Ltd (DPEL), a fast-growing player in the electrical wire and strip manufacturing sector, announced that its unit Vimlesh Industries Pvt. Ltd. has finalized a machinery supply arrangement to expand production infrastructure.
The arrangement comes on the heels of DPEL’s 100% acquisition of Vimlesh Industries in April 2025, valued at ₹70 crore, which made Vimlesh a wholly owned subsidiary. The new machinery supply deal is expected to double manufacturing capacity, improve operational efficiency, and support both domestic and international market expansion.
Industry observers note that this move aligns with DPEL’s broader strategy of scaling up to meet India’s growing demand for insulated wires, strips, and specialized electrical equipment, particularly in infrastructure and energy projects.
Key Highlights / Major Takeaways
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Subsidiary Action: Vimlesh Industries executes machinery supply arrangement under Divine Power Energy.
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Acquisition Context: DPEL acquired Vimlesh for ₹70 crore earlier in 2025.
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Strategic Impact: Expected to double manufacturing capacity and enhance efficiency.
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Market Focus: Strengthens position in insulated wire and strip segment.
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Growth Outlook: Supports expansion into domestic and international markets.
Sources: Wire & Cable India, MarketScreener, SmallCap Spotlight