Belrise Industries has acquired aerospace-related equipment worth 350,000 euro through its subsidiaries. The acquisition was carried out in compliance with the French Commercial Code, the company said in its official statement.
Belrise Industries: Transaction key details
The company acquired certain aerospace-related equipment on January 22. The transaction was executed by Belrise Industries through its subsidiaries for a total amount of 350,000 euro. The consideration stands inclusive of all applicable taxes.
As per its regulatory filing, this acquisition would enable Belrise Industries to expand into the aerospace and defence domain, as the company would partner with existing aerospace OEMs and Tier-1 suppliers in Europe.
The transaction was executed through an Order of Private Sale, passed by the Commercial Court of Arras, France, on January 21, 2026. The acquisition was made in compliance with both French and Indian law.
The company disclosed this acquisition on Indian exchanges in compliance with Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The transaction was also made in compliance with the provisions of Article L.642-19 of the French Commercial Code as part of the matter of SAS Société Dupuis Mécanique, a company under judicial liquidation.
The company has clarified that the transaction does not fall within the scope of related party transactions. Furthermore, it has been undertaken in the ordinary course of business of the subsidiary, Belrise said in its official statement.
The formal ruling for the order had been issued by Madame Catherine Yon-Vivier, Judge-Commissioner, in the judicial liquidation proceedings.
Belrise Industries: Share Price Movement
The company’s share price was trending in red, down over 1% in the intraday session. Over the past five trading sessions, the company’s stock has declined by nearly 2%.
However, looking at the longer-term returns, over the past six months the company’s stock has delivered a return of nearly 25%, while over a period of one year the company’s stock has delivered a return of a whopping 67%.