Indo National504058New investment
Indo National invests Rs. 3,90,94,666 in Axial Aero's Class C CCPS; holding rises to 7.97%
7.97%Aggregate holding in AAPL -acquisition
- Investment Consideration
- Cash consideration of Rs. 3,90,94,666
- Securities Subscribed
- 35,249 Class C CCPS at Rs. 1,109.10 per CCPS
- Aggregate Holding Change
- rises to 7.97% from 7.67% (1.47% post-issue for new tranche)
- Target
- Axial Aero Private Limited ("AAPL")
- Transaction
- Acquisition / stake increase via subscription to Class C Compulsorily Convertibl
Indo National invests Rs. 3,90,94,666 in Axial Aero's Class C CCPS; holding rises to 7.97%.
Date of incorporation of target AAPL
Earlier intimation
Also from Indo National
Indo National invests Rs. 49,89,880 in Medcuore Medical Solutions, lifting stake to 63.07%
5 Oct 2026
More numbers
- Aggregate investment in Class C CCPS of AAPLRs. 3,90,94,666
- Price per Class C CCPSRs. 1,109.10
- Number of Class C CCPS acquired35,249
- Aggregate holding in AAPL post-acquisition7.97%
- Aggregate holding in AAPL pre-acquisition7.67%
- Class C CCPS as % of post-acquisition capital1.47%
- Turnover of AAPL (FY 25-26)Rs.1,43,30,818
- ConsiderationRs. 3,90,94,666
Source: BSE · 7 Oct 2026
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