Waaree Renewable Technologies Limited has acquired a 55% stake in Associated Power Structures Private Limited for ₹1,225 crore, through a combination of primary and secondary transactions.

Rajani Associates advised Associated Power Structures and its promoters on this transaction. The Firm advised on the review, revision and negotiation of the definitive transaction documents, assisted in the closing of the transaction, and provided general legal advisory support in connection with the transaction.

The transaction team consisted of Prem Rajani (Managing Partner), Poorvi Sanjanwala (Senior Partner), Rutvik Rajagopal (Principal Associate) and Sakshi Solanki (Associate).

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