TechEra Engineering (India) Limited — JV/Acquisition, 08-03-2025: Acquisition

TechEra Engineering (India) Limited has approved the incorporation of a new subsidiary named TechEra Aerospace (India) Private Limited, in which it will hold a 51% stake. The proposed subsidiary will have an authorized share capital of ₹1 lakh, fully paid-up with 10,000 equity shares at ₹10 each. This strategic move aims to align with TechEra's core business in manufacturing and engineering, enhancing operational capacities and market presence. The new entity is expected to operate effectively under TechEra’s existing business framework, unlocking further potential for growth and shareholder value.