NSEGeneral Updates8 Sept 2026 · 8 Sept 2026, 06:59 pm
General Updates
Aeroflex Neu Limited · AERONEU
✦ AI SummaryDivestiture
Aeroflex Neu Limited has completed the sale of its entire 51.01% stake in Fibcorp Polyweave Private Limited for ₹ 192.12 lakhs, with the transaction being completed on September 8, 2026.
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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Update on Sale of entire equity stake in Fibcorp Polyweave Private Limited.
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SAHPOLYMERSLIMITEDIPO_08092026185831_Stock_exchange_updates_ANU_Sell_of_Fibcorp.pdf
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September 08, 2026
ANL/Stock Exchanges/2026-27
To, To,
The General Manager, The Listing Department.
Department of Corporate Services, National Stock Exchange of India Limited
BSE Limited, Exchange Plaza, C-1, Block G
P.J. Towers, Dalal Street, Bandra Kurla Complex
Company Code No.: 543743 Trading Symbol: AERONEU
Mumbai – 400 001 Bandra (E), Mumbai – 400 051
Dear Sir/Madam,
Subject: Update on Sale of entire equity stake in Fibcorp Polyweave Private Limited
Further to our earlier communication dated July 15, 2026 and in terms of share purchase
agreement executed on July 15, 2026, we wish to inform that the Company has completed
the transaction of sale and transfer of its entire stake being 51.01% in the share capital of
Fibcorp Polyweave Private Limited today i.e. September 08, 2026 and has received the sale
consideration being ₹ 192.12 lakhs.
Consequently, Fibcorp Polyweave Private Limited has ceased to be a subsidiary of the
Company with effect from today i.e. September 8, 2026.
This is for your information and records.
Thanking you,
Yours faithfully,
For Aeroflex Neu Limited
Alka Premkumar Gupta
Company Secretary
M embership No: A35442