Indo National Invests ₹35 Cr in Aidin Technologies
Indo National Limited has invested ₹34,99,92,034 in Aidin Technologies Private Limited, acquiring 31.82% of its paid-up share capital. This investment includes 9,920 Series A CCPS and 12,202 Series A1 CCPS. Aidin Technologies specializes in radio frequency power electronics for defence, communications, and satellite technology, with a turnover of ₹71.51 Cr for FY24-25. The acquisition aims to establish Indo National Limited as a growth engine in the sunrise Defence & Aerospace sector, leveraging India's self-sufficiency plans. The investment is expected to boost revenue and profitability, balancing the company's business portfolio. Tranche 1 of the investment was completed on July 29, 2026, with Tranche 2 anticipated by July 28, 2027. The transaction is a cash consideration and is not a related party transaction.
Key Highlights
- Indo National invests ₹35 Cr for 31.82% stake in Aidin Technologies.
- Aidin Technologies operates in Defence, Space, and aerospace electronics.
- Investment aims to create a new growth engine in the Defence sector.
- Acquisition expected to enhance revenue, profitability, and portfolio balance.
- Tranche 1 completed; Tranche 2 expected by July 2027.
Price Impact
More from NIPPOBATRY