Acquisitions24 Jul 2025, 07:12 pm
Aeroflex Enterprises Acquires Additional 13% Stake in M.R. Organisation Limited for INR 16.71 Crores
AI Summary
Aeroflex Enterprises Ltd. has successfully acquired an additional 3,35,888 equity shares, equivalent to 13% of the issued and paid-up share capital of M.R. Organisation Limited (MRO). This is the second tranche of the acquisition as per the terms committed in the original agreement. The acquisition cost INR 16.71 crores (Rupees Sixteen Crores Seventy One Lakh Thirty Seven Thousand Eight Hundred Sixty Eight and Eighty Paise). MRO, a tech-based last-mile utility services provider, has reported a revenue of INR 79.20 crores for FY25 and an EBITDA margin of 33.9%. The company is expanding its presence across India and international markets through its on-field engineering team and additional office cum warehouses.
Key Highlights
- Aeroflex Enterprises acquires 13% additional stake in M.R. Organisation Limited for INR 16.71 crores.
- M.R. Organisation Limited reports a revenue of INR 79.20 crores for FY25 and an EBITDA margin of 33.9%.
- M.R. Organisation Limited is expanding its presence across India and international markets.
- M.R. Organisation Limited has a presence in 59 locations and 5 warehouses across India, and exports to 75 countries.
- M.R. Organisation Limited has recently acquired Madhura Compressors Private Limited and ABP Impex LDA, Portugal.