ANAeroflex Neu543743Deal closure update

Aeroflex Neu completes acquisition of 7,27,040 Stilonn shares; Stilonn now a subsidiary at 51.01%

Aeroflex Neu Ltd has completed the acquisition of ~7.27 lakh equity shares of Stilonn Valves and Controls Private Limited.

By ScoutQuest · Fri 23 Oct 2026, 5:20 PM IST · 1 min read

Shares Acquired

~7.27 lakh equity shares of Stilonn Valves and Controls Private Limited

Shareholding Post Deal

51.01% of Stilonn's issued and paid-up equity share capital

Subsidiary Status

Stilonn is now a subsidiary of Aeroflex Neu

Completion of the Stilonn acquisition

Aeroflex Neu Ltd has completed the acquisition of an aggregate ~7.27 lakh equity shares of Stilonn Valves and Controls Private Limited. This follows the earlier intimation dated October 15, 2026 about the proposed acquisition.

How the shares were acquired

• Purchase of equity shares from existing shareholders under a Share Purchase Agreement.
• Subscription to additional equity shares of Stilonn under a Share Subscription and Shareholders' Agreement and ancillary transaction documents.

Holding and status

After completion, Aeroflex Neu's aggregate shareholding in Stilonn stands at 51.01% of Stilonn's issued and paid-up equity share capital. With this, Stilonn has become a subsidiary of Aeroflex Neu.

Why the company says it is doing this

The update states the acquisition is part of Aeroflex Neu's initiative in the AI Infra and Data Centre sector, to establish an integrated platform for high-tech and critical engineering solutions.

What it means in simple terms

• A subsidiary means Aeroflex Neu now controls Stilonn, and Stilonn's financials would be consolidated with the parent's accounts.
• Crossing 51.01% gives the company majority control, not just a minority stake.
• The purchase was partly from existing shareholders (a transfer of shares) and partly fresh subscription (which brings new money into Stilonn).

The update does not set out the amount paid, the funding plan or Stilonn's own financials.

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