Unimech Aerospace and Manufacturing Limited’s Board of Directors has approved the acquisition of 60,80,000 equity shares of Hobel Bellows Private Limited from its wholly owned subsidiary, Innomech Aerospace Toolings Private Limited. This move is intended to streamline the Group’s holding structure and improve administrative efficiency. Additionally, the board approved the unaudited financial results for the quarter and half-year ended September 30, 2026.
Unimech Aerospace Board Approves Key Restructuring Move
At its meeting held on October 27, 2026, the Board of Directors of Unimech Aerospace and Manufacturing Limited has given the green light for a significant internal group restructuring. The most notable decision is the approval to acquire 60,80,000 equity shares of Hobel Bellows Private Limited. These shares are currently held by Innomech Aerospace Toolings Private Limited, a wholly owned subsidiary of Unimech Aerospace.
Strategic Rationale for Acquisition
Upon the completion of this acquisition, Hobel Bellows Private Limited will become a wholly-owned subsidiary of Unimech Aerospace and Manufacturing Limited. The company stated that the primary objective behind this transaction is to simplify and streamline the Group’s holding structure, thereby enhancing administrative efficiency. Further details required under Regulation 30 of the SEBI Listing Regulations will be provided post-acquisition.
Financial Results and Senior Management Update
In addition to the acquisition, the Board also considered and approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half-year ended September 30, 2026, along with the Limited Review Report. The meeting also saw the approval of a promotion and designation change for a senior management member. Mr. Prathap B. Naidu has been promoted from Assistant General Manager to General Manager, effective November 1, 2026. Concurrently, he has been transferred to Innomech Aerospace Toolings Private Limited as part of the internal group restructuring.
Source: BSE
