Unimech Aerospace and Manufacturing Merger & Restructuring Worth ₹39.36 Cr
Unimech Aerospace is investing ₹39.36 crore (SAR 15.3 million) to acquire a 51% stake in a new Saudi Arabian joint venture, Kanoo-Unimech.
- Value
- ₹39.36 Cr
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Unimech Aerospace is investing ₹39.36 crore (SAR 15.3 million) to acquire a 51% stake in a new Saudi Arabian joint venture, Kanoo-Unimech.
Unimech Aerospace and Manufacturing Limited incorporated a new subsidiary, Uniflux Renewable Energy Private Limited, on April 27, 2026. The company subscribed to 1,000 equity shares for ₹0.01 Crore. Uniflux will focus on green energy, EPC projects, and manufacturing components for aerospace, defense, and semiconductor sectors.
Unimech Aerospace and Manufacturing Limited incorporated a new wholly-owned subsidiary, Uniflux Renewable Energy Private Limited, on April 27, 2026. The company subscribed to 1,000 equity shares for ₹0.01 Crore. Uniflux will focus on renewable energy, aerospace, and defense manufacturing.
Unimech Aerospace and Manufacturing Limited incorporated a wholly owned subsidiary, Uniflux Renewable Energy Private Limited, on April 27, 2026. The new entity has an initial share capital of ₹0.01 Crore and will operate in the manufacturing industry.