Aeroflex Neu to Acquire 55% Stake in Aerolex Cables for INR 31 Crore - Wire & Cable India
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Aeroflex Neu to Acquire 55% Stake in Aerolex Cables for INR 31 Crore

Aeroflex Neu Limited has approved the acquisition of a 55% stake in Aerolex Cables Private Limited for INR 31 crore, marking its entry into wire and cable manufacturing and exports.

Oct 30, 2026

aeroflex enterprises

Aeroflex Neu Limited, a material subsidiary of Aeroflex Enterprises Limited, has approved the acquisition of 110,000 equity shares of Aerolex Cables Private Limited, representing 55% of its issued and paid-up share capital, for INR 31 crore.

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Upon completion, Aerolex Cables will become a subsidiary of Aeroflex Neu. The company may acquire additional shares in subsequent tranches, subject to definitive agreements.

Also Read: Wire & Cable India Emagazine Sep-Oct Issue 2026

The acquisition will enable Aeroflex Neu to enter the manufacturing and export of wire and wire-related products, broaden its product portfolio and strengthen its position in the AI infrastructure and data centre sectors. The company aims to establish an integrated platform for high-tech and critical engineering solutions.

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