ANAeroflex Neu543743Stake acquisition deal

Board approves further acquisition of 7,27,040 equity shares of Stilonn Valves; stake to rise to 51.01%

Board approved further acquisition of 7,27,040 equity shares of Stilonn Valves and Controls for ₹16 crore at ₹220.10 per share.

By ScoutQuest · Thu 15 Oct 2026, 5:08 PM IST · 2 min read

Shares Acquired

7,27,040 equity shares

Consideration / Price

₹16 crore at ₹220.10 per share

Stake Change

Holding rises from 19.58% to 51.01%, making Stilonn a subsidiary

What the Board approved

• The Board of Directors, at its meeting on October 15, 2026, approved the further acquisition of 7,27,040 equity shares of Stilonn Valves and Controls Private Limited ("Stilonn").
• The acquisition is to be done in one or more tranches, through a combination of purchase of equity shares from existing shareholders of Stilonn and subscription to additional equity shares proposed to be issued by Stilonn, under a Share Purchase Agreement, Share Subscription and Shareholders' Agreement and ancillary transaction documents.
• Consideration: ₹16 crore in cash, at ₹220.10 per share.

What changes in shareholding

• The company already holds 19.58% of Stilonn.
• The shares being acquired equal 31.43% of Stilonn's issued and paid-up equity share capital.
• Consequent to completion, the company's shareholding in Stilonn rises to 51.01%, and Stilonn becomes a subsidiary of the company.

About Stilonn

• Business: manufacturing of precision engineering products in the AI Infra and Data Centre space along with the critical pharmaceutical and healthcare sector. Key products are industrial valves including butterfly valves, ball valves, check valves, sight glasses, unions and allied fittings, in high-precision stainless steel.
• Date of incorporation: September 25, 2013.
• Year-wise audited turnover: FY 2025-26 — ₹1,621.93 lakhs; FY 2024-25 — ₹819.40 lakhs; FY 2023-24 — ₹610.48 lakhs.
• Geographical presence: India.

Points the company flagged

• The acquisition is a related party transaction. Except to the extent of the company's existing shareholding in Stilonn, the promoter, promoter group and group companies have no other interest in the transaction, and the company says it will be done at arm's length.
• The company states the acquisition is aligned with its strategic growth objectives, will let it benefit from synergies, and expands its operations into the manufacture, design and supply of high-precision industrial products catering to diverse industrial sectors.
• Indicative time for completion: within 60 days from the date of Board approval, subject to completion of customary closing conditions.
• No governmental or regulatory approvals are required for the acquisition.
• The Board meeting commenced at 03:30 p.m. and concluded at 04:15 p.m.

How a retail investor might read it

This is a step from a minority holding to majority control in a precision-engineering business whose products go into the AI Infra and Data Centre space as well as pharmaceuticals and healthcare. Because it is a related party transaction, the consideration and the per-share price are the figures to weigh against Stilonn's turnover trend over the last three financial years.

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