Aequs

Aequs Ltd's promoter Melligeri Private Family Foundation pledged 10.05 crore shares, equal to 14.99% of share capital, to 360 One Prime Ltd on 14 October as security for a Rs 200 crore finance facility for making investments. The encumbered shares were valued at Rs 2,300.7 crore, implying cover of 11.5 times, and represented the promoter's full holding and 25.36% of the promoter group's 59.09% stake, with 10.04 crore shares under a 12-month IPO lock-in. The same holding had been pledged for the same facility in late September and released on 8 October for a short temporary period to meet regulatory requirements. Aequs reported consolidated revenue of Rs 1,230.4 crore in FY26, with aerospace accounting for about 85% from precision components and assemblies for aero-engines, landing gear and aerostructures. Its aerospace order book stood at $1.004 billion covering 5,740 parts in the June quarter.

Powered by Tijori

** Shares of Aequs AEQU.NS, RIC rise up to 5.26% to 259 rupees

** Precision component maker's board approved a preferential issue of warrants worth about 6.5 billion rupees ($67.77 million) to co's promoter group, the Indian term for founders and controlling shareholders of a company

** Proceeds will fund aerospace and consumer capacity expansion, including development of co's Hosur facility in South India and support term borrowings

** On full conversion, the promoter group's stake will rise to 60.73% from 59.09%

** YTD, AEQU up ~80%

($1 = 95.9100 Indian rupees)

(Reporting by Urvi Dugar in Bengaluru)

(([email protected];))

Aequs approved a preferential issue of up to 28.07 million warrants convertible into equity shares at ₹231.55 each, aggregating about ₹650 crore, to Mellwood Trustee Services, trustee of the Melligeri Private Family Foundation. The warrants carried a minimum upfront payment of ₹325 crore on subscription and allotment, with the balance payable on exercise on or before 31 December 2027, and the issue needed shareholder approval at an extraordinary general meeting on 22 October. The subscriber held 14.99% of the company and the promoter group held 59.09%, with full conversion taking the group holding to 60.73%. The same promoter shareholding was pledged on 21 September to secure a ₹200 crore facility for making investments. The company reported consolidated revenue of about ₹1,230 crore in the year to March with a net loss of ₹113.3 crore, and had completed a ₹670 crore primary raise at listing in December 2025 alongside a ₹660 crore capital expenditure programme for FY27.

Powered by Tijori

Aequs Limited's promoter Melligeri Private Family Foundation pledged 10.05 crore shares representing 14.99% of the company's share capital to 360 One Prime Limited on 21 September 2026. The pledge secured a finance facility of Rs 200 crore for making investments, with the disclosed market value of the shares at Rs 2,300.7 crore implying security cover of 11.5 times. The encumbered shares comprised the entity's entire holding and 25.36% of the promoter group's 59.09% stake, with the disclosure listing nil encumbered holding before the creation. Aequs reported consolidated revenue of Rs 1,230.4 crore in FY26, with aerospace contributing about 85% and consumer about 15%. The company listed in December 2025 with Rs 670 crore of new money, and its order book stood at $1.004 billion at the end of the June quarter.

Powered by Tijori

Aequs appointed Reenah Simon Joseph as chief financial officer and key managerial personnel with effect from August 31, 2026. She had most recently served as deputy group CFO and head of corporate finance, M&A and investor relations at PDS Limited, and had earlier worked at Future Group and Credit Suisse Securities. The appointment followed Dinesh Iyer's June departure, after which Harish Bang had taken interim finance leadership. Aequs reported FY26 revenue of ₹1,230.4 crore and a PAT loss of ₹113.3 crore, while its aerospace business accounted for ₹1,046.4 crore.

Powered by Tijori

July 29 (Reuters) - Aequs Ltd AEQU.NS:

• AEQUS LTD JUNE-QUARTER CONSOL NET LOSS 532.3 MILLION RUPEES

• AEQUS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.96 BILLION RUPEES

Source text: [ID:]

Further company coverage: AEQU.NS

(([email protected];))

Aequs Ltd presented its Vision 2031 during its first-ever Investor Day on June 18, targeting 4x-6x revenue growth over the FY26 base with EBITDA margins of 18-22% and a 20% ROCE by 2031. The company outlined a capital expenditure plan of $350-450 million to support expansion in aerospace and consumer segments. Consumer EBITDA breakeven is expected by Q4FY27, followed by consolidated PAT breakeven in H1FY28. The presentation also detailed progress on joint ventures with Tramontina for cookware and Ajna Aerospace for UAV manufacturing, and reiterated the aerospace business as the proven engine of growth.

Powered by Tijori

June 18 (Reuters) - Aequs Ltd AEQU.NS:

• AEQUS LTD- TARGETS FY31 EBITDA BETWEEN 18% TO 22%

• AEQUS LTD- TAREGTS 4 TIMES TO 6 TIMES REVENUE GROWTH OVER FY2026-FY2031

Source text: ID:nNSEb5Zy1x

Further company coverage: AEQU.NS

(([email protected];))

April 20 (Reuters) - Aequs Ltd AEQU.NS:

• MAKES FURTHER INVESTMENT OF 100 MILLION RUPEES IN SUBSIDIARY AEQUS FORCE CONSUMER

Source text: ID:nNSE379YGr

Further company coverage: AEQU.NS

(([email protected];;))

March 30 (Reuters) - Aequs Ltd AEQU.NS:

• AEQUS LTD - MAKES FURTHER INVESTMENT IN AEQUS ENGINEERED PLASTICS VIA RIGHTS ISSUE

Source text: ID:nNSE2Wm3MF

Further company coverage: AEQU.NS

(([email protected];))

** Shares of Aequs Ltd AEQU.NS rise as much as 2.4% to 124 rupees

** Precision component maker enters into MOU with the Government of Karnataka for statutory & regulatory facilitation of expansion of manufacturing facilities in Aequs Special Economic Zone, and in Hubballi Durable Goods Cluster

** Adds, estimated cumulative investment in these projects is ~28.56 bln rupees ($301.5 mln) over five years from FY 2026

** More than 1.1 mln shares traded as of 2:27 P.M. IST, over their 30-day moving avg of over 1 mln shares

** AEQU last up 0.3%, cutting YTD losses to 11.9%

($1 = 94.7200 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

(([email protected];))

March 26 (Reuters) - Aequs Ltd AEQU.NS:

• ENTERS MOU WITH GOVERNMENT OF KARNATAKA

• ESTIMATED CUMULATIVE INVESTMENT OF 28.56 BILLION RUPEES OVER FIVE YEARS FROM FY 2026

Source text: ID:nNSE4nZsQf

Further company coverage: AEQU.NS

(([email protected];;))

March 24 (Reuters) - Aequs Ltd AEQU.NS:

• AEQUS LTD - DINESH IYER RESIGNS AS CHIEF FINANCIAL OFFICER EFFECTIVE JUNE 30, 2026

Source text: ID:nBSE6Y5T3Z

Further company coverage: AEQU.NS

(([email protected];))

Feb 27 (Reuters) - Aequs Ltd AEQU.NS:

• AEQUS LTD - EXECUTES LETTER OF SUBSCRIPTION ON FEBRUARY 27, 2026

• AEQUS LTD - TO HOLD 33.33% SHAREHOLDING IN AJNA AEROSPACE & DEFENCE

• AEQUS LTD - AGGREGATE INVESTMENT AMOUNT IS 100.1 MILLION RUPEES

Source text: ID:nNSEb1lPtb

Further company coverage: AEQU.NS

(([email protected];))

Feb 16 (Reuters) - Aequs Ltd AEQU.NS:

• AEQUS GROUP - CO, PARTNERS TO INVEST UP TO 40 BILLION RUPEES IN INDIA'S TAMIL NADU

Source text: [ID:]

Further company coverage: AEQU.NS

(([email protected];;))

** Shares of Indian aerospace-linked stocks rise between 1.1% to 9.6%

** Hindustan Aeronautics ltd HIAE.NS up 1.1%, Dynamatic Technologies DYNM.NS climbs 9.6%, Azad Engineering AZAD.NS rises 4.5% and Aequs Ltd AEQU.NS up 3.5%

** U.S. and India agreed on an interim trade framework, which is expected to boost U.S. aerospace original equipment manufacturers and their Indian supply chain partners

** ICICI Direct Research says interim trade framework announcement is a positive development for Indian aerospace industry, potentially leading to enhanced cost competitiveness for supply chain

** HIAE, DYNM, AZAD expected to benefit considerably, brokerage notes

(Reporting by Brijesh Patel in Bengaluru)

(([email protected]; Ph no. +91 9590227221;))

Jan 29 (Reuters) - Aequs Ltd AEQU.NS:

• AEQUS LTD DEC-QUARTER CONSOL NET LOSS 426.8 MILLION RUPEES

• AEQUS LTD DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 3.26 BILLION RUPEES

Source text: [ID:]

Further company coverage: AEQU.NS

(([email protected];))