MoneyWorks4Me

Aequs makes further investment in Aequs Consumer Products

30 Mar 2026 Evaluate

Aequs has made a further investment in Aequs Consumer Products (ACPPL), a wholly owned subsidiary of the Company, through a rights issue. This investment is a part of utilization of the IPO proceeds. The investment involves subscribing to 24,17,800 shares at a price of Rs 144.76 per equity share, representing a total investment of Rs 35 crore. 

These funds will be utilised to meet ACPPL’s working capital and other business/operational requirements. There will be no change in the percentage of shareholding of the company in ACPPL. It will continue to remain a wholly owned subsidiary of the company.

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
View more..