Unimech Aerospace Incorporates Wholly Owned Subsidiary, Uniflux Renewable Energy
Unimech Aerospace and Manufacturing Limited, which was formerly known as Unimech Aerospace and Manufacturing Private Limited, has successfully incorporated a wholly owned subsidiary named Uniflux Renewable Energy Private Limited. The company confirmed the receipt of the Certificate of Incorporation from the Central Processing Centre, Ministry of Corporate Affairs, on April 27, 2026.This move marks the company's expansion into a new venture, focusing on the renewable energy sector while maintaining its roots in the manufacturing industry.
The subsidiary, Uniflux Renewable Energy Private Limited, was incorporated on April 27, 2026, and falls under the manufacturing industry segment. Unimech Aerospace and Manufacturing Limited will hold a complete stake in the new entity.
Key details regarding the newly formed subsidiary are presented below:
| Detail | Information |
|---|---|
| Subsidiary Name | Uniflux Renewable Energy Private Limited |
| Country of Incorporation | India |
| Total Share Capital | 1,00,000 |
| Ownership Stake | 100% of the shareholding is held by Unimech Aerospace and Manufacturing Limited |
| Consideration/Subscription | Total subscription amount: INR 1,00,000/- |
| Turnover | Not Applicable |
The incorporation confirms that the total subscription amount for the subsidiary was INR 1,00,000/-. This fully owned subsidiary will operate within the manufacturing sector.
UNIMECH Stock Price Movement
Shares of Unimech Aerospace and Manufacturing Limited are edging higher to ₹1029.4 as of 1:43 PM today, rallying 3.47% in live trading on ₹34.50. The stock is showing strong buying interest, trading on a notable volume of 69,737 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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