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Akshay Patel

23rd Mar · SEBI-Registered Analyst

SEPC
acquires 90% stake in Avenir International for ₹1,530 crore. SEPC Ltd's board approved the acquisition of 90% stake in Avenir International Engineers and Consultants LLC for AED 708 million (approximately ₹1,530 crore). The acquisition will expand SEPC's international presence in oil & gas and diversify revenue streams. Approvals are expected within 6 months. Avenir has an order book exceeding AED 500 million and serves clients including ADNOC and DEWA. Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations.

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