# Spectrum Electrical Industries acquires Alric Electric for ₹1.25 crore

Spectrum Electrical Industries Limited's board approved the acquisition of 100% stake in Alric Electric Private Limited for up to ₹1.25 crore. Alric Electric specializes in switchgear manufacturing and electrical protection devices.

- Type: Acquisition
- Announced: 2026-02-04
- Where: Mumbai, Maharashtra, India
- Value: $150K (12.5M INR)
- Status: announced
- Products: switchgear, electrical protection devices, MCBs, circuit breakers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Spectrum Electrical Industries](https://endata.com/companies/90132.md) (acquirer)
- [Alric Electric Private Limited](https://endata.com/companies/90133.md) (target)

## Sources

- [scanx.trade](https://scanx.trade/stock-market-news/orders-deals/spectrum-electrical-industries-approves-1-25-crore-acquisition-of-alric-electric/31755332), 2026-02-04: "Spectrum Electrical Industries Limited's board approved the acquisition of 100% stake in Alric Electric Private Limited for up to ₹ 1.25 crore."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.