Unimech Aerospace and Manufacturing Limited has announced the acquisition of an additional 850 Equity shares in Dheya Engineering Technologies Private Limited. The transaction, valued at approximately ₹2,99,82,364.50, was executed through a secondary purchase. This strategic investment aims to strengthen Unimech’s position in the manufacturing domain and leverage synergies in product development and market expansion, contributing to sustainable growth and shareholder value.
Strategic Investment in Dheya Engineering Technologies
Unimech Aerospace and Manufacturing Limited has furthered its strategic investment in Dheya Engineering Technologies Private Limited by acquiring an additional 850 Equity shares. This acquisition was made through a secondary purchase for an aggregate consideration of Rs. 2,99,82,364.50/- (Rupees Two Crores Ninety Nine Lakhs Eighty Two Thousand Three Hundred Sixty Four and Fifty Paise only). The transaction was completed on September 07, 2026.
Rationale and Impact of Acquisition
This strategic investment aligns with Unimech Aerospace’s long-term objectives of strengthening its presence in the Manufacturing Domain and leveraging synergies in product development, technology, and market expansion. The company anticipates that this acquisition will enhance operational collaboration, improve resource utilization, and create opportunities for joint innovation, ultimately contributing to sustainable growth and shareholder value. The acquisition is expected to be completed by September 07, 2026.
Dheya Engineering Technologies Profile
Dheya Engineering Technologies Private Limited is involved in the development of gas turbine engines for defence and energy applications. The company specializes in military-grade engines with thrust capacities ranging from 20 kgf to 400 kgf, primarily for unmanned aerial vehicles (UAVs). Dheya is also developing hydrogen-based flexible-fuel gas turbine technology and has achieved significant milestones, including the successful completion of a combustor design for a 60 kW turbogenerator in collaboration with IISc Bangalore. The company has also demonstrated a hydrogen-based high-speed anode blower for the Indian Navy’s submarine program. Dheya was incorporated on December 01, 2017, and its last three years’ turnover details are as follows:
- FY 2025-26: Rs. 2,06,02,785
- FY 2024-25: Rs. 1,72,90,388
- FY 2023-24: Rs. 98,94,086
The acquisition was made at a price of Rs. 2,99,82,364.50/- for 850 Equity Shares, resulting in a total percentage of shareholding of 35.07% for Unimech Aerospace and Manufacturing Limited after this acquisition, with the current transaction adding 5.08%.
Source: BSE
