Aerpace Industries Ltd invests in Aerpace Supercars Pvt Ltd

Aerpace Supercars Private Limited has allotted shares to Aerpace Industries Limited on 5th January 2024, subsequently Aerpace Supercars Private Limited become a Subsidiary Company of Aerpace Industries Limited.

An aggregate consideration of Rs.8,00,00,850 (Rupees Eight Crores Eight Hundred Fifty Only) has been invested for 51% of the Equity Shares of Aerpace Supercars Private Limited.

Shares of Aerpace Industries Ltd was last trading in BSE at Rs. 5.50 as compared to the previous close of Rs. 5.40. The total number of shares traded during the day was 40290 in over 20 trades.

The stock hit an intraday high of Rs. 5.50 and intraday low of 5.50. The net turnover during the day was Rs. 221595.00.

Source : Equity Bulls

Keywords

AerpaceIndustries INE175N01023 Investment AerpaceSupercars Subsidiary