StartupsINVESTApproved
Aequs board approved raising up to ₹650 Cr via preferential issue of warrants
Bengaluru, Karnataka· company base25 Sept 2026
Aequs’ board approved a fundraise of up to ₹650 Cr through a preferential issue of 2.8 Cr warrants priced at ₹231.55 each to promoter group entity Mellwood Trustee Services Pvt Ltd, as disclosed in an exchange filing dated September 25, 2026. The issue is subject to shareholder and regulatory approvals, with the company planning to use the capital to expand manufacturing capacity including development of its Hosur facility and investments in subsidiaries and joint ventures.
Why it matters
If approved and executed, the capital is intended to fund expansion of Aequs’ manufacturing capacity across its aerospace and consumer businesses.
AequsMellwood Trustee Services Pvt Ltd