StockWatch
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Aerospace & Defense
Acquisitions29 Oct 2026, 07:00 pm

Unimech Aerospace to acquire Hobel Bellows for ₹6.08 Crore

AI Summary

Unimech Aerospace and Manufacturing Ltd is acquiring 76% of Hobel Bellows Private Limited for ₹6.08 Crore (₹608 Lakhs). Hobel Bellows specializes in metallic bellows and expansion joints. This acquisition is a related party transaction, as Hobel is being acquired from Innomech Aerospace Toolings Private Limited, a wholly-owned subsidiary of Unimech. The transaction aims to simplify the group's holding structure and enhance administrative efficiency. Hobel Bellows was incorporated on January 9, 2026, and its financial statements are not yet available. The acquisition is expected to be completed within two months.

Key Highlights

  • Unimech Aerospace to acquire 76% stake in Hobel Bellows.
  • Acquisition cost is ₹6.08 Crore (₹608 Lakhs).
  • Transaction is a related party deal from a subsidiary.
  • Aims to streamline group structure and improve efficiency.