Private EquityScreenerRefer

MARKET INSIGHTS

  • EventsNEWPrivate market milestones
  • NewsPrecize daily pulse
  • BlogsIn-depth articles and opinions

GUIDES

Explore Now
  • Unlisted SharesStep-by-step · KYC
  • BuyingStep-by-step · KYC
  • SellingExit in 24 - 48 hours
  • Pre-IPOReturns · risks · case studies
  • Tax GuideBudget 2026 changes
  1. Home
  2. Unlisted share news
  3. Sterlite Power Transmission Limited (SPTL) to demerge transmission & pr…

Sterlite Power Transmission Limited (SPTL) to demerge transmission & products business

3 Nov 2023

Add as preferred source
Key Takeaways

  • Broader Strategy: Create distinct business verticals based on customer base, investor class, and return profiles.

  • Demerger Benefits: Existing Sterlite Power shareholders will receive one additional share of SGL 5 for each share of SPTL they currently hold.

  • Future Aspects: The global power transmission network is expected to double in size over the next eight years, driven by aggressive additions of renewable energy sources.

  • Broader Strategy: Create distinct business verticals based on customer base, investor class, and return profiles.

  • Demerger Benefits: Existing Sterlite Power shareholders will receive one additional share of SGL 5 for each share of SPTL they currently hold.

  • Future Aspects: The global power transmission network is expected to double in size over the next eight years, driven by aggressive additions of renewable energy sources.

Sterlite Electric Unlisted Shares

Sterlite Electric

0.00%

Expert Analysis

Sterlite Power Transmission Limited (SPTL) to demerge transmission & product.

Expert Analysis:

  • The company has filed the demerger scheme with the NCLT in Mumbai; the approval process is within the next 6 to 8 months.

  • SPTL has decided to demerge its Power Transmission Infrastructure business, which operates under a BOT model in India and Brazil.

  • SPTL will continue to retain its Global Products & Specialized EPC Services business, as well as the Convergence - Fiberco business.

  • Pratik Agrawal said two entities should establish separate capital structures, unlock potential value, and each entity’s unique growth profiles.

Publisher:Economic Times