COMPANY NEWS


AIA Engineering Ltd
BSE Code 532683 ISIN Demat INE212H01026 Book Value (₹) 684.46 NSE Symbol AIAENG Div & Yield % 0.43 Market Cap ( Cr.) 35,348.92 P/E * 31.3 EPS * 119.75 Face Value (₹) 2
* Profit to Earning Ratio
* Earning Per Share
AIA Engineering to subscribe to shares of Clean Max Meridius Back
(15 Dec 2022)
AIA Engineering has executed share purchase agreement with Clean Max Enviro Energy Solutions (Promoter Shareholder) and Clean Max Meridius (CMPL) to acquire/ subscribe 2,600 equity shares of Rs 10 of CMPL for setting up a captive hybrid (solar & wind) power project in Gujarat.

The company will also sign and execute energy supply agreement with Clean Max Meridius for supplying contracted hybrid (solar & wind) energy to the company as a captive user.

Pursuant to the above acquisition/subscription of shares, CMPL will become an associate of the company.