Announced Mon, 27 Apr · 20:01 IST
Subsidiary acquires remaining 49% in ABP Impex Portugal; becomes wholly owned
AEROENTER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹91.31
prior close
₹91.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+1.2+2.2+2.1-1.2+2.0+1.8+3.9+7.9+20.3+8.7+4.7+55.2—
Up moveDown movePending
AI summary
Aeroflex Enterprises' step-down subsidiary M.R. Organisation (USA) LLC has acquired the remaining 49% equity stake in ABP Impex, Portugal (EU). As a result, ABP Impex has become a wholly owned subsidiary of M.R. Organisation (USA) LLC. The transaction consolidates Aeroflex's control, as it already owns M.R. Organisation Limited, which in turn fully owns the US entity. No deal value, consideration, or financial details were disclosed in the filing.
Likely market impact
Brings European arm under full control of the group; may simplify decision-making. Limited near-term stock impact as deal value is undisclosed.