Unimech Aerospace and Manufacturing has officially completed its ₹450 crore acquisition of Hobel Bellows and conducted an analyst/institutional investor meet on April 28, 2026, to discuss the acquisition update. The company filed a regulatory disclosure under Regulation 30 of SEBI regulations confirming the transaction completion and making the audio recording of the investor call available on its website.

Official Transaction Completion and Investor Communication

The acquisition was formally completed with Unimech filing the regulatory disclosure confirming full payment and settlement of the entire consideration within the previously communicated timeline. Following the completion, the company hosted an analyst/institutional investor meet on April 28, 2026, with the audio recording made available at the company's official website under stock exchange filings.

Investment Structure and Financial Framework

The ₹450 crore investment was structured across multiple financial instruments to optimize the acquisition framework. The transaction involved a combination of equity shares, loans, and compulsorily convertible debentures distributed between Unimech and its wholly-owned subsidiary Innomech Aerospace Toolings Private Limited.

Hobel Bellows Business Profile and Strategic Value

Hobel Bellows operates from an approximately 180,000 sq. ft. manufacturing facility at Duvvada SEZ, Visakhapatnam, with strong export orientation serving nearly 90% international markets across UK, USA, Singapore, and China. The company specializes in metallic bellows, expansion joints, flexible tubing components, and precision-engineered assemblies with ISO 9001:2015 and IATF 16949:2016 certifications.

Management Communication and Transparency

The company demonstrated strong corporate governance by conducting a dedicated analyst/institutional investor meet to discuss the acquisition update. The audio recording of the call has been made available on the company's website under the stock exchange filings section, ensuring transparency and accessibility for all stakeholders. The call was led by Whole Time Director and CFO Ramakrishna Kamojhala.

Corporate Structure and Future Operations

With the transaction completion, Hobel Bellows Private Limited becomes a subsidiary of Innomech Aerospace Toolings Private Limited and a step-down subsidiary of Unimech Aerospace and Manufacturing Limited as the ultimate holding company. This acquisition enables Unimech to advance up the value chain from precision-machined components to integrated engineered assemblies while gaining access to established customer qualifications and specialized manufacturing technologies in the aerospace and precision engineering sectors.

Unimech Aerospace and Manufacturing has reported a sequential improvement in business activity during Q4 FY26, with the company witnessing better demand conditions and normalized customer procurement activity following recent US tariff policy developments. The aerospace and manufacturing company expects year-on-year growth in Q4 FY26 compared to Q4 FY25, supported by improved market dynamics.

Business Environment Recovery

The company faced challenging macro conditions during the first nine months of FY26, characterized by subdued demand and cautious procurement cycles across key global markets, particularly the US. However, Q4 FY26 marked a turning point with gradual improvement in the operating environment after recent US tariff policy developments normalized customer procurement activity.

Order Book and Pipeline Strength

Unimech Aerospace maintains a robust order book position that provides strong business visibility. The company's order book stands at approximately Rs 214.00 crores as of March 31, 2026, offering a solid foundation for future revenue generation.

Operational Improvements

Following recent developments in US tariff policies, customer procurement activity has shown signs of normalization, resulting in improved order inflows and healthy business traction during the quarter. The pipeline of new enquiries across core segments remains steady, supporting the company's near-term business outlook.

While the evolving geopolitical situation in West Asia does not currently have a direct material impact on operations, the company continues monitoring developments closely given potential indirect implications on global supply chains and logistics. The management remains focused on disciplined execution and will provide comprehensive updates with detailed financial results.