Unimech Aerospace and Manufacturing Ltd
🚀 Unimech Aerospace Shareholders Approve ₹61.29 Crore Reallocation for M&A and Projects
• Shareholders approved reallocation of ₹61.287 crore for M&A, Greenfield Projects, and Joint Ventures via postal ballot on December 19, 2025
• M&A and projects object (₹61.29 crore) planned for use in April 2026 and FY2026-27
• Working capital funds (₹11.83 crore for company, ₹21.38 crore for subsidiary) to be used in FY2026-27
• Total IPO size was ₹250 crore; ₹153.30 crore utilized as of March 31, 2026
• ₹96.70 crore unutilized and invested in fixed deposits earning ₹1.50 crore at 6.5% return
• Capital expenditure fully utilized per revised plan
• No deviations from original IPO objects reported