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Aequs Share Price in Focus After Investing ₹15.75 Crore in Ajna Aerospace

Written by: Team Angel OneUpdated on: 9 Oct 2026, 10:13 pm IST
Aequs has invested ₹15.75 crore in its joint venture Ajna Aerospace & Defence through a rights issue to support the venture's business needs.
Aequs Share Price in Focus
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Aequs Limited invested ₹15.75 crore in Ajna Aerospace & Defence Private Limited on October 9, 2026. The investment was made through a rights issue, and Ajna Aerospace allotted 45 lakh partly paid-up equity shares to Aequs. 

Funds to Support Business Requirements 

Ajna Aerospace works on unmanned aerial vehicles (UAVs), also known as drones, and related products for defence, security, industrial and civilian uses. Its work includes developing its own technology, obtaining intellectual property rights, and manufacturing, assembling, testing and selling UAVs in India and overseas. 

The funds will be used for capital expenditure, operating expenses and other general business requirements. 

₹65 Per Share Yet to Be Paid 

The shares were issued at ₹100 each. Aequs has paid ₹35 per share, amounting to ₹15.75 crore. The remaining ₹65 per share will be paid through one or more calls by Ajna Aerospace within 12 months of the allotment date. 

The investment will not change Aequs' percentage of shareholding in Ajna Aerospace, which will continue as its joint venture. Ajna Aerospace reported revenue of ₹0.02 crore and a loss after tax of ₹0.99 crore for FY26. 

Read More: Power Grid Share Price in Focus After Commissioning 2,500 MW Solar Transmission Project in Karnataka! 

Aequs Share Price Performance 

As of October 09, 2026, Aequs share price closed at ₹273.50 per share, reflecting a 2.05% change from the previous trading session. 

Conclusion 

Aequs has put ₹15.75 crore into Ajna Aerospace to support its business and operating needs. It has paid 35% of the share issue price, with the remaining amount due through future calls within 12 months. The investment does not change Aequs' shareholding in the joint venture.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Oct 9, 2026, 4:43 PM IST

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