Unimech Aerospace and Manufacturing Limited announced its acquisition of 60,80,000 Equity Shares in Hobel Bellows Private Limited, representing 76% of its equity share capital, for a total consideration of ₹6,08,00,000. This strategic move aims to simplify the group’s holding structure and improve administrative efficiency. The acquisition, valued at ₹10 per share, is expected to be completed within two months.
Unimech Aerospace Acquires Hobel Bellows Private Limited
Unimech Aerospace and Manufacturing Limited has entered into an agreement to acquire 60,80,000 Equity Shares of Hobel Bellows Private Limited. This acquisition represents 76% of the total equity share capital of Hobel Bellows Private Limited, making it a wholly-owned subsidiary of Unimech Aerospace. The transaction is valued at ₹10 per Equity Share, aggregating to a total consideration of ₹6,08,00,000 (Rupees Six Crore Eight Lakh only).
Strategic Rationale and Impact
The primary objective behind this acquisition is to simplify and streamline the Group’s holding structure, thereby enhancing administrative efficiency. Hobel Bellows Private Limited is a specialised manufacturer of metallic bellows, expansion joints, flexible tubing components, sheet metal fabrications, and precision-engineered assemblies. The acquisition is expected to be completed within two months, subject to the fulfillment of all applicable formalities. This transaction is considered a related party transaction as the shares are being acquired from Innomech Aerospace Toolings Private Limited, a wholly owned subsidiary of Unimech Aerospace.
Details of the Target Entity
Hobel Bellows Private Limited, incorporated on January 09, 2026, operates in the manufacturing of components for high-horsepower diesel engines, locomotives, marine engines, and power generation units. As the company has not yet completed one year since its incorporation, its financial statements and turnover details for the last three years are not yet prepared and consequently not available.
Source: BSE
