Aeroflex Neu to acquire Equity Shares of Aerolex Cables Private Limited for ₹31 crore
Aeroflex Neu (AERONEU) said it has agreed a deal to acquire Equity Shares of Aerolex Cables Private Limited for ₹31 crore. The company is valued at about ₹219 crore.
What happened
Aeroflex Neu (AERONEU) told the exchanges on 12 November 2026 at 06:04 PM that it has agreed a deal to acquire Equity Shares of Aerolex Cables Private Limited for ₹31 crore.
From the filing: "November 12, 2026 completed the acquisition of an aggregate of 1,10,000 equity shares of Aerolex for a purchase consideration of ₹3,100 lakhs, from its existing shareholders, in accordance with the terms of the Share Purchase Agreement, Shareholders' Agreement and other ancillary transaction…"
How big is it?
At ₹31 crore, the deal is equal to about 14.2% of the company's market value of ₹219 crore.
Company snapshot
Aeroflex Neu is a micro-cap company, with a market value of about ₹219 crore.
The stock last traded at ₹84.89, against a 52-week range of ₹63.21–₹105.5 (19.5% below the high).
Before this filing the shares had moved +22.1% over the month and +2.0% over three months. Average daily turnover over the last 20 sessions was about ₹1.15 crore.
Promoters held 60.46% at the end of Q2 FY27. Foreign institutions owned 3.65% and domestic institutions 0.39%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 35 | 1 | 0.4 |
| Q3 FY26 | 31 | 0.7 | 0.29 |
| Q4 FY26 | 34 | -0.9 | -0.34 |
| Q1 FY27 | 28 | 0.1 | 0.03 |
| Q2 FY27 | 36 | -3.9 | -1.51 |
What history shows
BCEIE's records show 4 previous m&a filings from the company since May 2026.
After those filings, the stock gained 2.6% on average the next trading day and was up 19.2% on average after five days (4 filings with price data).
Market-wide, 2,441 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 50% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 30 Oct 2026 | Enter into the business of manufacture and exporting of wire and… | +3.9% | — |
| 23 Oct 2026 | Update on Acquisition of Equity Stake in Stilonn Valves and Control… | +1.0% | +19.2% |
| 15 Oct 2026 | The Board of Directors has approved the further acquisition of 7,… | +2.7% | — |
| 15 Oct 2026 | The Board of Directors has approved the further acquisition of… | +2.7% | — |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Aeroflex Neu Takes Control of Stilonn Valves for ₹16 Crore
- Aeroflex Neu Allots ₹3 Cr Stake in Stilonn Valves
- Aeroflex Neu Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2026
- Aeroflex Neu Limited (AERONEU.NS) Seasonal returns chart
- Aeroflex Neu Limited Revises Rs 64.80 Crore Fund Use
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.