Aimtron Group sets up Rs 100-crore subsidiary in Gujarat to boost mechatronics business

Aimtron Group, an electronics manufacturing services and original design manufacturing company, on Thursday announced the incorporation of its wholly-owned subsidiary Aimtron Mechatronics Pvt. Ltd. in Gujarat.

Aimtron’s Board has committed Rs 3 crore towards the subsidiary’s share capital. It has raised Rs 100 crore through the issuance of convertible warrants on a preferential basis, according to a company statement.

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