Aeroflex Neu Limited Allots Equity Shares in Stilonn Valves and Controls Private Limited
Aeroflex Neu Limited announced an update regarding its investment in Stilonn Valves and Controls Private Limited. The company confirmed the allotment of equity shares in the private limited company.The allotment of shares to Aeroflex Neu Limited occurred at a specified price, totaling an aggregate consideration.
Key details of the transaction are as follows:
| Detail | Value |
|---|---|
| Company Receiving Shares | Stilonn Valves and Controls Private Limited |
| Number of Equity Shares Allotted | 2,43,400 (Two Lakh Forty-Three Thousand Four Hundred) |
| Allotment Price Per Share | Rs. 123.30 |
| Aggregate Consideration | Rs. 3,00,11,220/- (Rupees Three Crore Eleven Thousand Two Hundred and Twenty Only) |
AERONEU Stock Price Movement
On Friday, Aeroflex Neu Limited shares slipped by 0.68% to close at ₹90.88. The stock's final trading volume reached 48,991 shares as investors absorbed the dip in the capital goods sector.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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