Ashish Kacholia, Bengal Finance buy 4.05% stake in IPO-bound Aeroflex Industries

Aeroflex Industries is a subsidiary of listed firm SAT Industries engaged in the manufacturing of flexible flow solution products. SAT Industries holds 92.18% of Aeroflex Industries, which recently filed its draft red herring prospectus with SEBI for an IPO to raise about Rs3.5 billion.

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