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AIA Engineering together with arm acquires 100% stake in Vega Industries Peru

02 Aug 2023 Evaluate

AIA Engineering, together with its Wholly Owned Subsidiary, Vega Industries (Middle East) FZC, UAE (VEGA ME) has acquired 100% shares of Vega Industries Peru, a Company incorporated in Peru (VEGA PERU). The Total Share Capital of VEGA PERU is held in the ratio of 1% by the Company and 99% by VEGA ME. 

The cost of acquisition is 3750 Soles (37 Soles by AIA Engineering and 3713 Soles by Vega Industries (Middle East) (Total Equivalent to around $1000).

AIA Engineering, a certified ISO 9001 company, specialises in the design, development, manufacture, installation and servicing of high chromium wear, corrosion and abrasion resistant castings used in the cement, mining and thermal power generation industries.

AIA Engineering Share Price

3958.20 34.05 (0.87%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
AIA Engineering 3958.20
Alicon Castalloy 684.70
Nelcast 141.10
Steelcast 295.55
Synergy Green Inds. 514.80
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