Millworks Technologies acquires 67% stake in Vidwan Aeronautics via loan conversion

Millworks Technologies acquired a controlling 67% stake in Vidwan Aeronautics Private Limited by converting an outstanding loan of ₹2.75 crore into equity shares. The deal makes the aerospace component manufacturer a subsidiary of Millworks.

“Millworks Technologies has acquired a controlling 67% stake in Vidwan Aeronautics Private Limited by converting an outstanding loan into equity shares.”scanx.trade

• 1 source
• scanx.tradeMillworks Technologies acquires 67% stake in Vidwan Aeronautics via loan conversionDhanAug 31, 2026

Summarized from public sources; check the original articles before acting on it.