Spectrum Electrical Industries Limited has successfully completed the acquisition of 100% equity stake in Alric Electric Private Limited. The company acquired 10,000 equity shares, representing the entire equity share capital of Alric Electric Private Limited, from its existing shareholders. The total acquisition amount for this transaction is ₹1,11,00,000 (Rupees One Crore Eleven Lakhs Only). The completion of this acquisition took place on 6th March 2026. This development follows the outcome of the Board Meeting held on February 4, 2026, and is in compliance with SEBI regulations.
