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Aeroflex Enterprises acquires additional 4% stake in MRO
Apr-22-2026

Aeroflex Enterprises has successfully acquired an additional 1,03,350 equity shares at price of Rs 539.50 per share aggregating to Rs 5.57 crore, representing 4% of the issued and paid-up share capital of M.R. Organisation (MRO), pursuant to the Share Purchase Agreement dated July 27, 2024 and Deed of Amendment (DOA) dated April 21, 2026. 

Consequent to the above acquisition, the company’s shareholding in M.R. Organisation has increased from 64% to 68% of the issued and paid-up share capital of MRO.

Aeroflex Enterprises (Formerly known as SAT Industries) is engaged in the manufacture of flexible packaging, flexible flow solution, engineering services, leasing, investment etc. activities on its own and through subsidiary companies.

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