Aeroflex to sell 68% stake in MRO to Ingersoll-Rand for Rs 22,742 lakh

Core Business DivestedStrategic Transactions View source PDF Explain this filing

AEROENTER · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+3.2%Reaction day

₹90.25

prior close

₹90.68

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%+3.5% vs market

Iron & Steel Products peers, median of 94sector-0.7%+3.9% vs sector

On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250 and 3.9 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.6

10m

+3.1

15m

+2.9

30m

+2.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.2-0.4+3.5-0.7+3.9

Next day

+3.0+1.1+1.9+0.5+2.5

+5.1+1.0+4.1+0.1+5.0

+9.1+2.6+6.5+0.6+8.6

+22.7+4.2+18.5+1.5+21.2

+21.8+4.2+17.6+1.8+20.0

+13.1-0.5+13.6-1.7+14.8

15d

+9.8+0.9+8.9-1.8+11.6

+4.4+1.5+3.0-2.6+7.0

+56.8+9.1+47.7-1.7+58.5

+31.2+8.1+23.1-1.3+32.5

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 94Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Aeroflex Enterprises' board approved selling its 68% stake in subsidiary M.R. Organisation Limited (MRO), in the compressor parts and services business, to Ingersoll-Rand Industrial U.S. Inc. for Rs 22,742 lakhs cash. MRO contributed 13.53% of consolidated turnover and 7.34% of networth in FY25. Post-deal, MRO will cease to be a subsidiary. Shareholder approval was already obtained on Jan 27, 2026. Expected completion within 120 days. Not a related party transaction.

Likely market impact

Brings in ~Rs 227 crore cash; company exits compressor parts business, likely refocusing portfolio around remaining operations.