Aeroflex subsidiary acquires remaining 49% in ABP Impex, Portugal

Aeroflex Enterprises Ltd's step-down subsidiary, M.R. Organisation (USA) LLC, has acquired the remaining 49% equity stake in ABP Impex, Portugal (EU). This transaction makes ABP Impex a wholly-owned subsidiary of M.R. Organisation (USA) LLC, which is a subsidiary of M.R. Organisation Limited, and ultimately, Aeroflex Enterprises Limited. The acquisition consolidates Aeroflex's control over ABP Impex, potentially enhancing operational efficiency and strategic alignment within the group's international business. The company informed the stock exchanges in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.