# Standex acquires remaining 9.9% stake in Narayan Powertech for $64M

Standex International Corporation acquired the remaining 9.9% interest in India-based Narayan Powertech, a manufacturer of low and medium voltage instrument transformers, for approximately $64 million.

- Type: Acquisition
- Announced: 2026-07-02
- Where: India
- Value: $64.0M
- Status: completed
- Products: low voltage instrument transformers, medium voltage instrument transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Standex International](https://endata.com/companies/10200.md) (acquirer)
- [Narayan Powertech](https://endata.com/companies/80757.md) (target)

## Sources

- [barchart.com](https://www.barchart.com/press-releases/3105697/standex-acquires-remaining-interest-in-narayan-powertech), 2026-07-02: "Standex International Corporation today announced that it has acquired the remaining 9.9% interest in India-based Narayan Powertech (Narayan), a leading manufacturer of low voltage and medium voltage instrument transformers, for approximately $64 million."

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