Unimech Aerospace inks JV deal with historic Gulf conglomerate Yusuf Bin Ahmed KanooUnimech Aerospace inks JV deal with historic Gulf conglomerate Yusuf Bin Ahmed Kanoo

Introduction

Leading aerospace and manufacturing firm approved a joint venture with Yusuf Bin Ahmed Kanoo Company to establish a new company in Saudi Arabia, leveraging Gulf region operations.

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Share price movement of Unimech Aerospace

On January 20, 2026, Unimech Aerospace and Manufacturing Ltd opened at ₹902.85, down 0.00% from its previous close of ₹902.85. The stock reached a high of ₹910.00 (0.81%) and a low of ₹889.00 (-1.55%). By 4:01 PM, it traded at ₹892.25, a 1.17% decrease, with a market cap of ₹4,537.71 crore.

Unimech Aerospace Signs Saudi JV

Unimech Aerospace and Manufacturing Limited approved a joint venture agreement with Yusuf Bin Ahmed Kanoo Company Limited (YBAK), Saudi Arabia, to form a new company in Saudi Arabia.

YBAK, founded in Bahrain in 1890, is a diversified family-owned business. It operates in shipping, logistics, energy, chemicals, oil, gas, power, water, real estate, and industrial sectors across the Gulf region.

The joint venture aims to leverage YBAK’s regional presence in Saudi Arabia, Bahrain, UAE, Oman, and Qatar. Unimech will provide SEBI-required disclosures once the agreement is executed.

Stock performance of Unimech Aerospace for Period of 1 week, 6 months, and 1 year

Unimech Aerospace and Manufacturing Ltd delivered a 1.12% return over the past week, declined 24.4% in the past 6 months, and fell 29.5% over the past 1 year.

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Shareholding pattern of Unimech Aerospace

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	79.80%	79.80%	80%
FII	0.40%	0.20%	0.20%
DII	7%	7%	6%
Public	13.30%	13.40%	13.60%

About Unimech Aerospace

Unimech Aerospace and Manufacturing Ltd (NSE: UNIMECH) is a high-precision engineering company producing aero tooling, precision components, and mechanical assemblies for aircraft, defense, power, and semiconductor sectors globally.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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