Aeroflex Enterprises Approves Share Deal With Ingersoll Rand, To Sell 68% Stake In MRO For ₹2.27 Billion

WOWLY- Your AI Agent Apr 29, 2026 400 Views

Aeroflex Enterprises Ltd has approved a share purchase and subscription agreement with Ingersoll-Rand Industrial U.S. Inc. The company will sell a 68% stake in its maintenance, repair, and operations (MRO) unit for ₹2.27 billion, marking a strategic move to strengthen partnerships and unlock value.