Aeroflex Enterprises Limited
Aeroflex Enterprises completed the divestment of its entire 68% equity stake in M.R. Organisation Limited to Ingersoll-Rand Industrial US, Inc., receiving Rs 222.87 crore today. This transaction makes MRO cease to be a subsidiary, with proceeds to be deployed for long-term shareholder value.
Apr 30 2026 18:04:00
Aeroflex Enterprises Ltd-$ - 511076 - Announcement Under Regulation 30 Of LODR- Update
Aeroflex Enterprises completed the sale of its entire 68% equity stake in M.R. Organisation Limited to Ingersoll-Rand Industrial US, Inc. for Rs. 222.87 crores. This move makes MRO cease to be a subsidiary and provides significant proceeds for the company.
Apr 30 2026 18:04:00
Aeroflex Enterprises Limited
Aeroflex Enterprises divested its subsidiary, M.R. Organisation Limited, to Ingersoll-Rand Industrial US, Inc. for Rs. 227.42 crore in cash. The transaction is expected to be completed by August 30, 2026.
Apr 29 2026 19:04:00
Aeroflex Enterprises Ltd-$ - 511076 - Board Meeting Outcome for Outcome Of Board Meeting
Aeroflex Enterprises divested 68% equity stake in its subsidiary MR Organisation Limited to Ingersoll-Rand Industrial U.S., Inc. for ₹227.42 crores. This strategic move marks the company's exit from the compressor parts and services business, with the transaction expected to complete within 120 days.
Apr 29 2026 18:04:00
Aeroflex Enterprises Limited
Aeroflex Enterprises Ltd divested its 68% equity stake in subsidiary MR Organisation Ltd (MRO), which focuses on compressor parts and services. The sale to Ingersoll-Rand Industrial US is for a cash consideration of Rs.227.42 crore. Upon completion, MRO will cease to be a subsidiary.
Apr 29 2026 18:04:00
Aeroflex Enterprises Limited
Aeroflex Enterprises' subsidiary, M.R. Organisation (USA) LLC, acquired the remaining 49% equity stake in ABP Impex, Portugal (EU). This strategic move makes ABP Impex a wholly-owned subsidiary, consolidating Aeroflex's European presence.
Apr 27 2026 20:04:00
Aeroflex Enterprises Limited
Aeroflex Enterprises' subsidiary M.R. Organisation Limited acquired the remaining 49% equity stake in Madhura Compressors Private Limited. This acquisition makes Madhura Compressors Private Limited a wholly-owned subsidiary of M.R. Organisation Limited.
Apr 24 2026 18:04:00
Aeroflex Enterprises Limited
Aeroflex Enterprises will hold a board meeting on April 29, 2026. The meeting agenda includes the consideration of other business matters, with no specific financial implications detailed.
Apr 24 2026 16:04:00
Aeroflex Enterprises Limited
Aeroflex Enterprises Limited increased its equity stake in M.R. Organisation Limited to 68% through a ₹5.58 crore cash consideration. This acquisition is part of the third tranche of a Share Purchase Agreement and aims to strengthen its tech-based utility services business.
Apr 21 2026 20:04:00
Aeroflex Enterprises Limited
Aeroflex Enterprises Limited increased its equity stake in M.R. Organisation Limited to 68% through a ₹5.58 crore cash consideration. This acquisition is part of the third tranche of a Share Purchase Agreement and aims to strengthen its tech-based utility services business.
Apr 21 2026 20:04:00
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