Aeroflex Neu to acquire 51% stake in Stilonn Valves, making it subsidiary
AERONEU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 0.4 pts more than its Packaging peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Aeroflex Neu board approved acquiring 7,27,040 additional equity shares of Stilonn Valves and Controls for about Rs 16.00 crore in cash at Rs 220.10 per share. This raises Aeroflex stake from 19.58% to 51.01%, making Stilonn a subsidiary. Stilonn makes precision engineering products for AI Infra, data centres, pharma and healthcare sectors. Its turnover grew from Rs 6.1 crore in FY24 to Rs 16.2 crore in FY26. It is a related party transaction at arm's length, expected to close within 60 days.
Turns Stilonn into a subsidiary, expanding Aeroflex into AI Infra, data centre, and precision valve manufacturing with strong revenue growth.