Rajendra Naniwadekar made an offer to acquire a 26% of stake in i Power Solutions India Limited (BSE:512405) from the Public Shareholders for INR 6.9 million on April 20, 2022. Rajendra Naniwadekar will pay INR 6 per share to acquire 1,156,740 shares in i Power Solutions. Bajaj Capital Limited acted as Manager to the Offer on behalf of Rajendra Naniwadekar.