ABB India Ltd 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 for a consideration of ₹1,568.20 crore, the company informed the stock exchanges on Monday.
The development follows the board’s approval on January 26, 2026, wherein ABB India had announced that it would transfer its Robotics Business to ABB Robotics India Private Limited. The proposal was subsequently approved by the company’s public shareholders on February 27, 2026. With the execution of the BTA on March 1, 2026 at 11:51 pm, the transaction has now formally progressed to the agreement stage.
In its latest regulatory filing under Regulation 30 of the SEBI Listing Regulations, the company stated that the Business Transfer Agreement was entered into on March 1, 2026, and that the transfer is effective from the same date. The payment of consideration and completion of closing actions are expected to take place in line with the earlier disclosure made on January 26, 2026.
ABB India also clarified that its previous disclosures were based on information available at the time and had indicated that updates would be provided upon execution of the BTA, which has now been completed. The transaction marks a key corporate restructuring step for the company’s robotics operations, with further updates likely as the closing formalities are completed in accordance with the previously communicated timelines.