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Aequs enters into non-binding MoU with Guidance

16 Feb 2026 Evaluate

Aequs has entered into a non-binding Memorandum of Understanding (MoU) with the Guidance, the nodal agency of the Government of Tamil Nadu (GoTN) on February 16, 2026 for setting up a manufacturing unit in the State of Tamil Nadu.

Under this non-binding MoU, Company has proposed to set up unit for manufacturing components for Aircraft Engines, Landing Gear and systems and has proposed to invest up to Rs 1900 crore over a period of ten years.

GoTN will provide facilitation and support in the form of necessary infrastructural support. Standard incentives as per the existing Policy, will be applicable.

Aequs provides a fully vertically integrated, precision manufacturing ecosystem for the aerospace and consumer sectors.

Peers
Company Name CMP
Hindustan Aeronaut. 4614.95
Bharat Electronics 383.50
Aequs 274.90
Astra Microwave Prod 1623.70
Axiscades Tech. 2304.25
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