SEPC Acquires 90% Stake in Abu Dhabi Engineering Firm

SEPC Limited's board approved acquiring 90% equity stake in Avenir International Engineers and Consultants LLC, Abu Dhabi via share swap valued at ~INR 1,530 crore.
Avenir holds an order book of ~AED 500 million, serves ADNOC and DEWA, and reported FY24 revenue of AED 73.93 million (~INR 171.89 crore).
The deal marks SEPC's strategic entry into the global Oil & Gas EPC and consulting ecosystem with MENA region focus, expected to complete within six months.
SEPC reported 9M FY26 revenue of ₹796.89 crore, already surpassing its full-year FY25 revenue of ₹597.7 crore.