Aeroflex Subsidiary Achieves Wholly Owned Status of ABP Impex, Portugal
Aeroflex Enterprises Limited has announced a significant corporate update regarding its subsidiary structure, following the acquisition of a key stake in ABP Impex, Portugal.M.R. Organisation (USA) LLC, which operates as a subsidiary of M.R. Organisation Limited, and M.R. Organisation Limited itself is a subsidiary of Aeroflex Enterprises Limited, has acquired the remaining 49% equity stake in ABP Impex, Portugal (EU).
The transaction formalizes the ownership structure of the European entity. Following the acquisition of the remaining 49% stake, ABP Impex has become a wholly owned subsidiary of M.R. Organisation (USA) LLC.
AEROENTER Stock Price Movement
Today, Aeroflex Enterprises Limited shares slipped by 0.99% to settle at ₹91.95. The stock traded through an intraday range between ₹91.15 and ₹95.8, handling a total volume of 564,547 shares.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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