# Parth plans ₹6 crore acquisition of Takalkar for GIS capability

Parth has proposed a ₹6 crore all-cash acquisition of 100% of Takalkar, which would become its wholly owned subsidiary. The board approved the proposal on 29 October 2026, with completion expected within one month. Takalkar adds electrical engineering services and design capabilities for power generation, transmission and distribution, and will help Parth develop gas-insulated switchgear (GIS) solutions up to 220 kV.

- Type: Acquisition
- Announced: 2026-10-29
- Where: Vadodara, India, India
- Value: $720K (60.0M INR)
- Status: announced
- Products: gas-insulated switchgear (GIS) up to 220 kV, electrical engineering services, civil, mechanical, structural and electrical design
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Parth](https://endata.com/companies/15468.md) (acquirer)
- [Takalkar](https://endata.com/companies/15469.md) (target)

## Sources

- [multibagg.ai](https://www.multibagg.ai/market-pulse/articles/parth-takalkar-gis-design-deal-ppt-cmw171w3z007031ql8db2ni8v), 2026-11-03: "Parth has proposed a ₹6 crore all-cash acquisition of 100% of Takalkar, which would become its wholly owned subsidiary after transaction closure."

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