Unimech Aerospace surges on acquiring Hobel Bellows along with its arm
Unimech Aerospace and Manufacturing is currently trading at Rs. 1026.95, up by 27.05 points or 2.71% from its previous closing of Rs. 999.90 on the BSE.
The scrip opened at Rs. 1000.05 and has touched a high and low of Rs. 1035.00 and Rs. 993.35 respectively. So far 4064 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 1397.00 on 17-Jun-2025 and a 52 week low of Rs. 695.05 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 1050.00 and Rs. 695.05 respectively. The current market cap of the company is Rs. 5218.17 crore.
The promoters holding in the company stood at 79.82%, while Institutions and Non-Institutions held 6.37% and 13.82% respectively.
Unimech Aerospace and Manufacturing has acquired 24% shareholding in the Hobel Bellows (Target Company). The company’s wholly owned subsidiary -- Innomech Aerospace Toolings has acquired 76% shareholding in the Target Company, thereby making the Target Company a subsidiary of Innomech Aerospace Toolings and a step down subsidiary of the Unimech Aerospace and Manufacturing being its ultimate holding company.
The acquisition has been completed in accordance with the terms and conditions set out in the definitive agreements.
