Aerospace & Defense
Acquisitions27 March 2026 at 03:51 pm

Aequs Ltd Acquires 50% Stake in Aequs Foundation for INR 10,000

AI Summary

Aequs Ltd has acquired 50% of the total equity share capital of Aequs Foundation. The company purchased 1,000 equity shares, each with a face value of INR 10, from Hubballi Durable Goods Cluster Private Limited for a total consideration of INR 10,000. This acquisition was completed through a secondary transaction, with the transfer of shares being duly completed today.

Key Highlights

  • Aequs Ltd acquires 50% stake in Aequs Foundation
  • Total consideration of INR 10,000 for 1,000 equity shares
  • Face value of each share is INR 10
  • Acquisition through secondary transaction
  • Transfer of shares completed today