MSEDCL to get leaner before IPO, demerge agri biz by April; aims listing by end-2026

February 19, 2026

Maharashtra State Electricity Distribution Company plans a major restructuring. The agriculture business will be separated by April. This move precedes a planned Initial Public Offering by December. The company aims to reduce its debt significantly. This will strengthen its financial position for the listing. The company is also shifting towards renewable energy sources.

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