Date: June 19, 2026
Board Meeting Outcomes
- AeroStructures Manufacturing India Private Limited (wholly owned subsidiary of Aequs Limited) has been allotted shares by Aequs Aerospace France SAS (wholly owned step-down subsidiary) for an investment of Euro Three Million (approximately Indian Rupees 33.02 Crores)
- The transaction is for operational requirements and general corporate purposes
Disinvestment / Strategic Actions
- Nature of Transaction: Internal investment within group companies
- Target Entity: Aequs Aerospace France SAS, France (Registration No.: 490 362 241)
- Business: Industrial engineering, specifically manufacture of mechanical parts for civil and military aeronautics market
- Investment Amount: €3 million (₹33.02 crore)
- Payment Method: Cash consideration
- Shareholding Impact: AeroStructures Manufacturing India Private Limited will hold 28.97% shareholding in Aequs Aerospace France SAS post-investment
- Resulting Structure: Aequs Aerospace France SAS will continue to remain a wholly-owned step-down subsidiary of Aequs Limited
Financial Results (Target Entity)
Aequs Aerospace France SAS financial performance as on March 31, 2026:
- Turnover: INR 127.16 Crore
- Loss after tax: INR 4.98 Crore
- Net worth: INR (13.62) Crore (negative)
Historical Turnover:
- FY 2025-26: INR 127.16 Crore
- FY 2024-25: INR 102.05 Crore
- FY 2023-24: INR 81.71 Crore
Entity Background
- Aequs Aerospace France SAS incorporation date: January 12, 2017
- Country of operation: France
- Business: Industrial engineering, manufacture of mechanical parts for civil and military aeronautics market