Expo Engineering And Projects Limited

Aegis Investment Fund PCC increased its stake in Expo Engineering And Projects Limited from 3.70% to 9.96%, increasing its holding from 843,480 shares to 2,584,879 shares. The increase in stake is due to the conversion of warrants into equity shares, which were allotted at ₹70 apiece through a preferential allotment.

A manufacturer of pressure vessels, columns, towers, and related industrial equipment serving diverse sectors across India. Established in 1982, the company operates in specialized engineering and fabrication, producing equipment for various industrial processes and applications. Beyond manufacturing, it undertakes site engineering projects, providing integrated solutions and technical expertise to clients in the industrial sector.

Aegis Investment Fund PCC is a foreign portfolio investor that acts as an anchor investor in Indian SME IPOs. It has backed offerings across sectors such as drones, information technology, and media.