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AIA Engineering LimitedImportant, 01-01-2025: General Updates

01-01-2025 | 03:30 pm

AIA Engineering Limited has sold 11,500 equity shares of GreenShift Private Limited for ₹11.50 crore. The transaction marks a significant move following their acquisition of 12,000 shares for captive power supply. Kaveri Yarns & Fabrics Limited is the buyer and does not belong to the promoter or promoter group. The sale was completed on January 1, 2025, at 1:05 PM. This divestment could indicate an adjustment in AIA’s strategic investments, enhancing liquidity or reallocating resources towards core operations. Investors should monitor these developments closely as they may indicate shifts in operational focus or capacity management.

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