Heavy Electrical Equipment Company Finalises Rs 1,568 Crore Robotics Business Transfer

On Monday, shares of ABB India Limited fell 1.33 per cent to Rs 5,992.50 per share from its previous closing of Rs 6,073.00 per share. The stock’s 52-week high is Rs 6,260.00 per share and its 52-week low is Rs 4,637.50 per share.

ABB India Limited has officially executed a Business Transfer Agreement (BTA) to divest its Robotics Business to ABB Robotics India Private Limited. The transaction is being carried out on a slump sale basis for a total consideration of Rs 1,568.20 crore (Rupees One Thousand Five Hundred Sixty-Eight Crores and Twenty Lakhs).

The strategic move was earlier approved by the company’s Board of Directors on January 26, 2026. Subsequently, public shareholders gave their approval on February 27, 2026. The formal agreement was signed late on the night of March 1, 2026, and the business transfer has become effective from that date.

While the transfer is now effective, the company stated that completion of closing actions and final payment of the consideration will proceed in accordance with the timelines outlined in its initial January disclosure.

The company has a market cap of over Rs 1,26,986.09 crore. The stock has delivered returns of over 80.33 per cent in the last three years.

Disclaimer: The article is for informational purposes only and not investment advice.