Wednesday, March 05, 2025 | 10:12 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Board of Aeroflex Industries approves acquisition of Hyd-Air Engineering

Image

At meeting held on 02 April 2024

The Board of Directors of Aeroflex Industries at its meeting held today i.e. 02 April 2024 has approved to acquire 100% of the issued and paid up share capital of Hyd-Air Engineering. The cost of acquisition is Rs 17.20 crore with plans to invest Rs 18 crore to increase production capacity over next 2-3 years. The investee company is engaged in manufacturing of hydraulic fittings, fluid connectors and flanges.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 02 2024 | 2:22 PM IST

Explore News