
Acquisitions5 Nov 2026, 05:02 pm
Aeroflex Enterprises Increases Stake in Subsidiary to 58.56%
AI Summary
Aeroflex Enterprises Ltd has acquired an additional 36,00,000 equity shares of its subsidiary, Aeroflex Neu Limited, upon the conversion of warrants. These shares were issued at a premium of Rs. 80/- per equity share, with a face value of Rs. 10/- each. This conversion has increased the company's shareholding in Aeroflex Neu Limited from 55.50% to 58.56%. The acquisition is in furtherance of previous intimations and complies with SEBI (LODR) Regulations, 2015.
Key Highlights
- Company increased stake in subsidiary Aeroflex Neu Limited.
- Acquisition of 36,00,000 equity shares upon warrant conversion.
- Shareholding in subsidiary now stands at 58.56%.
- Transaction executed at a premium of Rs. 80 per share.
Price Impact
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