NSEGeneral Updates1d ago · 1 Oct 2026, 05:55 pm

General Updates

Unimech Aerospace and Manufacturing Limited · UNIMECH

✦ AI SummaryJoint Venture

Unimech Aerospace and Manufacturing Limited has informed the Exchange about investment in Kanoo Unimech Advanced Manufacturing Solutions (Joint Venture Company). The company has successfully completed its first tranche of capital infusion in the Joint Venture Company, with Unimech holding a controlling 51% stake.

Analysis Scores

Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Unimech Aerospace and Manufacturing Limited has informed the Exchange about investment in Kanoo Unimech Advanced Manufacturing Solutions (Joint Venture Company)

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UNIMECH_01102026175545_Investment_in_Kanoo_01102026.pdf

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October 01, 2026 National Stock Exchange of India Ltd. BSE Limited Symbol: UNIMECH Scrip Code: 544322 Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Investment in Kanoo Unimech Advanced Manufacturing Solutions (Joint Venture Company) In continuation to our intimation dated 20th January, 2026, regarding the execution of the Joint Venture Agreement between Unimech Aerospace and Manufacturing Limited (‘Company’/‘Unimech’) and Yusuf Bin Ahmed Kanoo Company Limited (‘Kanoo’), we wish to inform you that the Company has successfully completed its first tranche of capital infusion in the Joint Venture Company (‘JVC’), Kanoo Unimech Advanced Manufacturing Solutions. Pursuant to the Joint Venture Agreement, Unimech has infused capital aggregating to SAR 15.30 million (approximately Rs. 39,35,54,250/-, representing its 51% share of the first funding tranche of SAR 30 million, with Kanoo contributing the remaining 49% share of SAR 14.70 million. Following the completion of this initial equity subscription, Unimech holds a controlling 51% stake in the JVC, with Kanoo holding 49%. The second tranche of funding, totalling SAR 30 million and comprising proportionate contributions of SAR 15.30 million from Unimech and SAR 14.70 million from Kanoo, will be infused subsequently in accordance with the agreed investment schedule. The disclosure as required under Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, as amended from time to time, is attached herewith and marked as Annexure A to this letter. The details of occurrence of event/information are as follows: 1. Date of occurrence of the Event / Information: October 01, 2026 2. Time of occurrence of the Event/ Information: 05:33 P.M. The above document is also being made available on the Company's website at https://www.unimechaerospace.com/. Kindly acknowledge and take the same on records. Yours Faithfully, For Unimech Aerospace and Manufacturing Limited Rashmi Gupta Company Secretary & Compliance Officer M. No.: A25382 Encl: As above ANNEXURE A The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular, are as under: Sl. No. Particulars Details a. Name of the target entity, details in brief Name: Kanoo Unimech Advanced such as size, turnover etc Manufacturing Solutions (‘JVC’) Authorized Share Capital : SAR 60,000,000 Size / Turnover : NIL, business yet to commence b. Whether the acquisition would fall within No related party transaction(s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” c. Industry to which the entity being acquired Oil & Gas belongs d. Objects and impact of acquisition Object: To provide capital for business (including but not limited to, disclosure of operations reasons for acquisition of target entity, if its Impact: The JVC following infusion will business is outside the main line of become a subsidiary of Unimech Aerospace business of the listed entity) and Manufacturing Limited e. Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition f. Indicative time period for completion of The acquisition is indicatively expected to the acquisition be completed post the conclusion of the second funding tranche. The Company will promptly intimate the Stock Exchanges upon the final completion of the transaction. g. Consideration - whether cash Cash consideration or share swap or any other form and details of the same h. Cost of acquisition and/or the price at SAR 15,300,000 (153,000 shares having which the shares are acquired face value of SAR 100/-) i. Percentage of shareholding / control 51% of Equity Capital Acquired (153,000 acquired and / or number of shares shares having face value of SAR 100/-) acquired j. Brief background about the entity acquired Kanoo Unimech Advanced Manufacturing in terms of products/line of business Solutions is a Joint Venture Company acquired, date of incorporation, history of between Unimech and Kanoo group with last 3 years turnover, country in which the objective of establishing a greenfield acquired entity has presence and any other advanced machining & remanufacturing significant information (in brief) facility at, Dammam, Saudi Arabia. The target markets are upstream oil & gas, utilities, defense and mining, addressing growing localization demand for precision engineering services. Date of Incorporation: 18th December, 2025 Last three years turnover: Not applicable