Business · India Bureau
Belagavi aerospace firm Aequs secures ₹650-crore equity injection
The Karnataka-based defence and aerospace manufacturer has won approval for a major capital infusion to fund expansion across its core business segments and strengthen its financial position.
LSN India ·
Aequs, a Belagavi-headquartered aerospace and defence components manufacturer, has received shareholder approval for a ₹650-crore equity capital infusion, marking a significant move to bolster the company's growth trajectory and balance sheet strength.
The approved funds will be directed towards capacity expansion in the company's aerospace and consumer segments, while also supporting its broader borrowing programme as the firm scales operations across its portfolio. The capital injection is expected to strengthen Aequs' financial flexibility at a time when India's aerospace and defence sectors are witnessing robust demand.
Aequs, which supplies critical components to major aerospace platforms and defence applications, has been positioning itself to capture increased opportunities from India's focus on indigenisation of defence manufacturing and the growing global appetite for nearshoring aerospace production.
The equity infusion comes as regional manufacturing hubs in Karnataka continue to attract significant investment capital. The move underscores investor confidence in the company's operational fundamentals and expansion strategy within India's high-growth aerospace sector.