1/5/2026, 9:58:01 pm

Empower India Acquires UAE-Based MABIL

Empower India Ltd (EIL) signed a term sheet for the proposed acquisition of a majority stake in UAE-based MABIL through a strategic share swap. This deal aims to secure market access in the Middle East, leveraging the UAE's global commercial hub, and is currently in preliminary stages subject to valuation negotiation and definitive documents execution.