- Aeroflex Enterprises Limited (NSE: AEROENTER, BSE: AEROENTER) announced a board‑approved acquisition that will make Stilonn Valves and Controls Private Limited a subsidiary of its material subsidiary Aeroflex Neu Limited.
- The deal involves 727,040 equity shares for a consideration of ₹ 16,00,21,504 (≈ ₹ 16.0 crore) and will give Aeroflex Neu Limited 51.01 % ownership of Stilonn’s issued share capital.
- Acquisition will be executed in one or more tranches through a mix of share purchase from existing shareholders and subscription to newly issued Stilonn shares.
- Strategic aim: expand Aeroflex Neu Limited’s footprint in the AI‑infrastructure and data‑centre sectors and add precision‑engineered valves and sanitary fittings for high‑growth technology and healthcare markets.
- Transaction complies with Regulation 30 and Schedule III of the SEBI LODR 2015, with required filings submitted to both BSE and NSE.
The board approval for Aeroflex Neu Limited (material subsidiary of Aeroflex Enterprises) to acquire a 51. 01% controlling stake in Stilonn Valves and Controls for ₹16. 0 crore (~₹16,00,21,504) directly advances the group's strategic pivot into high-margin AI infrastructure and data center liquid cooling segments.
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