Aeroflex Sells Entire 68% MRO Stake for ₹222.87 Crores

Aeroflex Enterprises completed the sale of its entire 68% stake in M.R. Organisation Limited to Ingersoll-Rand Industrial US, Inc.
The company received an initial consideration of ₹222.87 crores on April 30, 2026, with a balance subject to post-closing conditions.
M.R. Organisation Limited ceased to be a subsidiary of Aeroflex Enterprises effective April 30, 2026.
Proceeds from the transaction are intended to be deployed to maximize long-term shareholder value.