Aequs Limited invests in subsidiary, supporting operational needs of French entity
Aequs Aerospace France SAS, a wholly owned step-down subsidiary of Aequs Limited, has made an investment into AeroStructures Manufacturing India Private Limited. The transaction involves a cash investment totaling Euro Three Million only, which is approximately equivalent to Indian Rupees 33.02 Crores only.The investment was made in AeroStructures Manufacturing India Private Limited, which is also a wholly owned subsidiary of Aequs Limited. This capital infusion is designated for operational requirements and other general corporate purposes within the organization.Aequs Aerospace France SAS, established on January 12, 2017, operates in the industrial...