JV/AcquisitionAcquisition
SAR Televenture is streamlining operations by acquiring 100% of Parametrique Electronic Solutions (PARA), transforming it into a wholly-owned subsidiary.
Sar Televenture LimitedSARTELE · Filed with the exchange
This internal restructuring directly consolidates telecom infrastructure operations under SAR.
The acquisition involves converting an outstanding loan of Rs 27.04 Cr into PARA equity.
PARA, a telecom infrastructure provider, reported turnovers of Rs 22.49 Cr in FY26, Rs 9.97 Cr in FY25, and Rs 15.14 Cr in FY24. This move enhances SAR's direct control over a growing, strategic asset within its core business.
No comments yet. Be the first.