{"id":22804,"date":"2026-03-02T09:22:06","date_gmt":"2026-03-02T09:22:06","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/22804\/"},"modified":"2026-03-02T09:22:06","modified_gmt":"2026-03-02T09:22:06","slug":"abb-india-to-transfer-its-robotics-biz-to-abb-robotics-for-rs-1568-cr","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/22804\/","title":{"rendered":"ABB India to transfer its robotics biz to ABB Robotics for Rs 1,568 cr"},"content":{"rendered":"<p> ABB India on Monday said it has agreed to transfer its robotics business to ABB Robotics India on a slump sale basis for \u20b91,568.20 crore.<\/p>\n<p>The business transfer is effective from March 1, ABB India said in a regulatory filing.<\/p>\n<p>&#8220;&#8230;on March 1, 2026, &#8230;the company has executed a Business Transfer Agreement (BTA) with ABB Robotics India Private Ltd,&#8221; it said.<\/p>\n<p>Earlier on January 26, ABB informed the stock exchanges that its board of directors had approved the transfer of the company&#8217;s robotics business to ABB Robotics India Private Ltd on a slump sale basis for a consideration of \u20b91568,20,00,000.<\/p>\n<p>The company, in a separate filing, said its public shareholders approved the business transfer on February 27.<\/p>\n<p>The payment of the consideration amount and completion of the transaction are expected to take place in line with  disclosure on business transfer dated January 26, 2026, it stated.<\/p>\n<p class=\"publish-time\" id=\"end-of-article\">Published on  March 2, 2026 <\/p>\n","protected":false},"excerpt":{"rendered":"ABB India on Monday said it has agreed to transfer its robotics business to ABB Robotics India on&hellip;\n","protected":false},"author":2,"featured_media":22805,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[130],"tags":[14676,232,9925,14677,14675,4050],"class_list":{"0":"post-22804","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-abb","8":"tag-568-cr","9":"tag-abb","10":"tag-abb-india","11":"tag-abb-india-to-transfer-its-robotics-biz","12":"tag-abb-india-to-transfer-robotics-biz-to-abb-robotics-for-rs-1","13":"tag-abb-robotics"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/22804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=22804"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/22804\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/22805"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=22804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=22804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=22804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}