01-Oct-2026 17:55:05

UNIMECH AEROSPACE AND MANUFACTURING LIMITED : EXPANDS THROUGH JVC CAPITAL INFUSION

• Unimech Aerospace and Manufacturing Limited has completed its first tranche of capital infusion in its joint venture company, Kanoo Unimech Advanced Manufacturing Solutions (JVC). • The company has infused SAR 15.30 million (approximately Rs. 39.36 Cr), representing a 51% share of the first funding tranche. • Kanoo contributed the remaining 49% share of SAR 14.70 million. • Unimech now holds a controlling 51% stake in the JVC, with Kanoo holding 49%. • A second tranche of funding totaling SAR 30 million is planned. • The JVC's Authorized Share Capital is SAR 60,000,000, and its business is yet to commence.

Unimech Aerospace and Manufacturing Ltd

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