High Exam Priority
Aequs Secures Board Approval for ₹650-Crore Equity Infusion to Expand Aerospace Capacity
25 September 2026
4 min read
Belagavi-based precision manufacturer Aequs Limited has received board approval for a ₹650-crore preferential issue of warrants to the promoter group. The capital will be utilized to fund capacity expansion across its aerospace and consumer manufacturing sectors.
Key Highlights
- Aequs Limited has approved a preferential issue of up to 2.80 crore warrants convertible into equity shares, aggregating to ₹650 crore.
- The investment is sourced from Mellwood Trustee Services Private Limited, representing a member of the Promoter Group.
- The funds will be directed towards expanding manufacturing capabilities in aerospace and consumer businesses, including the Hosur facility development.
- Fifty percent of the total issue size (₹325 crore) will be payable upfront upon the allotment of warrants.
Exam Quick Facts
Nodal Ministry / Dept
Ministry of Commerce and Industry / Ministry of Corporate Affairs
Key Bodies
Aequs Limited, Mellwood Trustee Services Private Limited
Constitutional & Legal Context
Preferential issue of warrants regulated under Securities and Exchange Board of India (SEBI) guidelines and the Companies Act, 2013.
Static GK Connection
Belagavi is located in the state of Karnataka and is a prominent hub for precision engineering and aerospace component manufacturing in India.