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Aeroflex Enterprises Limited — Board Meeting, 29-04-2026: Outcome of Board Meeting
29-04-2026 · 06:46 pm
The board approved selling its 68% stake in subsidiary MR Organisation (compressor parts business) to Ingersoll-Rand Industrial US for ₹227.42 crore. MRO contributed 13.53% of consolidated turnover and 7.34% of net worth. This strategic move marks an exit from the compressor business.
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