Acquisitions15 Oct 2026, 05:10 pm
Aeroflex Neu to acquire Stilonn Valves, making it a subsidiary
AI Summary
Aeroflex Neu Ltd's Board of Directors has approved the further acquisition of 7,27,040 equity shares of Stilonn Valves and Controls Private Limited for an aggregate consideration of ₹16,00,21,504/- (₹16.00 Crore). This acquisition, to be completed within 60 days, will increase Aeroflex Neu's shareholding in Stilonn from 19.58% to 51.01%, thereby making Stilonn a subsidiary. Stilonn is engaged in manufacturing precision engineering products for the AI Infra, Data Centre, pharmaceutical, and healthcare sectors. The acquisition aligns with Aeroflex Neu's strategy to expand into high-tech engineering solutions.
Key Highlights
- Aeroflex Neu to acquire 7,27,040 shares of Stilonn Valves for ₹16.00 Crore.
- Stilonn Valves to become a subsidiary with Aeroflex Neu's stake rising to 51.01%.
- Acquisition targets high-growth AI Infra, Data Centre, and pharma sectors.
- Transaction expected to be completed within 60 days.
- Deal is a related party transaction but will be at arm's length.
Price Impact
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