Acquisition / mergerNotableFiled on BSE ·

Unimech Aerospace completes acquisition of Hobel Bellows through subsidiary

Unimech Aerospace and Manufacturing · Aerospace & Defense

Arthneeti Research DeskPublished 1 min read
24%Acquisition / merger

Key highlights

  • Unimech Aerospace and Manufacturing Limited acquired Hobel Bellows Private Limited.
  • Unimech holds 24% and its subsidiary Innomech Aerospace Toolings Private Limited holds 76% in Hobel Bellows.
  • Hobel Bellows is now a step-down subsidiary of Unimech Aerospace and Manufacturing Limited.

Why it's rated notable: The filing reports completion of the acquisition with a 24% and 76% split between the company and its wholly owned subsidiary, but it states no consideration amount, so the level stays at medium.

Original filing

Announcement under Regulation 30 (LODR)-Updates on Acquisition

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.