Mumbai, April 10 -- NIBE announced that Ganesh Nibe has acquired 15,20,000 shares of Nibe Aeronautics (NAL) held by Nibe Defence and Aerospace (NDAL), a wholly owned subisidiary of NIBE. Consequently with effect from 09 April 2026, NAL has ceased to be a subsidiary of NDAL and, accordingly, also ceases to be a step-down subsidiary of the company.

Published by HT Digital Content Services with permission from Capital Market....