Aeroflex Enterprises Limited Sells 68% Stake in MR Organisation Limited for ₹22,742 Lakhs
Published on: April 29, 2026, 11:36 p.m. | Source: scanx.trade
Aeroflex Enterprises Limited announced on April 29, 2026, that its Board of Directors has approved the sale of its 68% equity stake in subsidiary MR Organisation Limited to Ingersoll-Rand Industrial U.S., Inc for a cash consideration of ₹22,742 lakhs. The transaction, subject to customary closing conditions, marks the company's exit from the compressor parts and services business. MR Organisation Limited contributed 13.53% to the consolidated turnover and 7.34% to the consolidated net worth of Aeroflex Enterprises Limited for the financial year 2024-2025.
