Taneja Aerospace and Aviation Limited has announced its strategic decision to exit its investment in Altair Infrasec Private Limited, marking a significant divestment move by the aerospace company. The announcement was made through a regulatory filing under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investment Exit Details

The company's divestment involves disposing of its entire equity stake in Altair Infrasec Private Limited, a non-listed entity. The transaction encompasses specific parameters that highlight the scale and nature of this strategic exit.

Transaction Structure and Conditions

The proposed exit is being undertaken through contractual rights available to Taneja Aerospace and Aviation Limited, indicating a structured approach to the divestment process. The transaction carries specific conditions that must be fulfilled for completion.

Key conditions for the transaction include:

• Receipt of the entire consideration amount of ₹25.99 crores
• Completion of requisite legal formalities
• Fulfillment of procedural requirements

Regulatory Compliance

The announcement was made in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework mandates listed companies to disclose material events and information that could impact stakeholder interests.

The disclosure was communicated to BSE Limited on January 20, 2026, ensuring transparency and adherence to listing obligations. The company emphasized that the information is being shared for the benefit of the exchange and all stakeholders, maintaining corporate governance standards.

Strategic Implications

This divestment represents Taneja Aerospace and Aviation Limited's strategic portfolio management, allowing the company to exit its minority stake in Altair Infrasec Private Limited. The transaction value of ₹25.99 crores reflects the company's investment recovery from this non-listed entity, potentially enabling capital reallocation toward core aerospace and aviation operations.

Taneja Aerospace & Aviation Limited (TAAL) has reported a decline in its financial performance for the quarter ended September 30. The company, which operates in the aerospace and aviation sector, saw a significant decrease in its net profit and revenue compared to the same period last year.

Financial Performance

The key financial metrics for the quarter are as follows:

The company's net profit for the quarter stood at ₹353.85 lakh, marking a significant decrease from ₹571.35 lakh reported in the corresponding quarter of the previous year. This represents a year-over-year decline of 38.07%.

Revenue and Income

Taneja Aerospace & Aviation also experienced a substantial decrease in its revenue from operations, which fell to ₹960.13 lakh from ₹1,352.38 lakh in the same quarter last year, representing a 29.00% decline. The total income for the quarter was ₹1,008.56 lakh, down from ₹1,395.70 lakh in the previous year, a decrease of 27.74%.

Half-Year Performance

For the half-year period, the company posted a profit of ₹740.31 lakh, compared to ₹1,755.78 lakh in the previous year, indicating a significant drop in profitability over a longer timeframe.

Earnings Per Share

The basic earnings per share (EPS) stood at ₹1.39 for the quarter, compared to ₹2.24 in the corresponding quarter of the previous year, reflecting a decrease of 37.95%.

The significant drops in profit, revenue, and EPS suggest that the company may be facing challenges in its operations or experiencing pressure in the aerospace and aviation market.