Unimech Aerospace and Manufacturing Ltd to acquire 76% of Hobel Bellows for ₹6.08 crore
- Plans to buy 60,80,000 shares from its wholly owned subsidiary at ₹10 per share.
- Related-party transaction to be completed at arm’s length, based on a valuation report.
- Hobel is expected to become Unimech’s wholly owned subsidiary within two months, subject to formalities; the move is intended to simplify the group’s holding structure.