ABB India Limited has executed a Business Transfer Agreement (BTA) with ABB Robotics India Private Limited for the transfer of its Robotics Business on a slump sale basis. This agreement was executed on March 1, 2026. The total consideration for this business transfer is ₹1,568.20 crore. This development follows previous disclosures made on January 26, 2026, regarding the Board of Directors' approval for the transfer and on February 27, 2026, where public shareholders approved the transaction. The Business Transfer is effective from March 01, 2026, with the payment of consideration and completion of closing actions expected to align with the initial disclosure.
