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Sat Industries gets nod to sell stake in Aeroflex Industries

12 May 2023 Evaluate

Sat Industries has received an approval for sell and transfer the shares held by the Company in its material subsidiary, Aeroflex Industries upto 57,00,000 equity shares in one or more tranches i.e., less than 5% of the paid-up share capital of Aeroflex Industries at a price and on such terms and conditions as may be agreed between the proposed acquirer and Asad Daud/Harikant Turgalia, the Directors of the Company. The Board of Directors of the Company in the meeting held on May 11, 2023 has inter alia, approved the same. 

Sat Industries has presence in a wide range of activities such as manufacturing, global outsourcing of products & services, real estate, mining and marketing activities in the field of coals.


Aeroflex Enterprises Share Price

87.94 0.91 (1.05%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 227.35
Adani Enterprises 2225.25
Amrapali Industries 17.27
Rashi Peripheral 474.40
PDS 291.45
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