Date: October 29, 2026

Acquisition Details

Unimech Aerospace and Manufacturing Limited has provided additional details regarding its acquisition of shares in Hobel Bellows Private Limited (Hobel), as required under Regulation 30 of the SEBI Listing Regulations.

Target Entity Information:

  • Name: Hobel Bellows Private Limited
  • Industry: Specialized manufacturer of metallic bellows, expansion joints, flexible tubing components, sheet metal fabrications and precision engineered assemblies
  • Date of Incorporation: January 09, 2026
  • Products: Manufactures metallic bellows, expansion joints, flexible metallic hoses and assembly solutions primarily used in high-horsepower diesel engines, locomotives, marine engines and power generation units
  • Financial Information: Since the company has not completed one year from incorporation, financial statements including size and turnover details are not available

Transaction Structure:

  • Shares Acquired: 60,80,000 Equity Shares (76% of equity share capital)
  • Seller: Innomech Aerospace Toolings Private Limited (wholly-owned subsidiary of Unimech)
  • Consideration: Cash consideration of ₹10 per Equity Share
  • Total Transaction Value: ₹6,08,00,000 (Rupees Six Crore Eight Lakh only)
  • Valuation: Based on Registered Valuation Report, conducted at "arm's length"

Transaction Nature:

  • Related Party Transaction: Yes, as the seller is Innomech Aerospace Toolings Private Limited, a wholly-owned subsidiary of Unimech
  • Post-acquisition Status: Hobel will become a wholly-owned subsidiary of Unimech Aerospace and Manufacturing Limited

Strategic Rationale:

The acquisition is intended to simplify and streamline the Group's holding structure and enhance administrative efficiency.

Timeline and Approvals:

  • Expected Completion: Within 2 months, subject to completion of applicable formalities
  • Government/Regulatory Approvals: Not Applicable

Corporate Governance

Compliance Officer:

  • Name: Rashmi Gupta
  • Designation: Company Secretary & Compliance Officer
  • Membership Number: A25382

Regulatory References:

  • Disclosure made under Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Follows initial disclosure submitted on October 27, 2026