Aeroflex Neu Sells Fibcorp Polyweave Stake for ₹192.12 Lakhs

Aeroflex Neu Ltd has announced the completion of the sale of its entire 51.01% equity stake in Fibcorp Polyweave Private Limited. The transaction, finalized on September 8, 2026, generated sale consideration of ₹192.12 lakhs. Following this divestment, Fibcorp Polyweave Private Limited is no longer a subsidiary of Aeroflex Neu Ltd, effective from the same date. This move signifies a strategic shift for Aeroflex Neu Ltd, focusing on its core operations by divesting its interest in the subsidiary.