Aeroflex Enterprises Limited has informed the stock exchanges regarding the receipt and filing of annual disclosures under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosures were filed by SAT Invest Private Limited and A Flex Invest Private Limited, belonging to the promoter and promoter group of the company, as well as by Aeroflex Enterprises Limited itself in respect of its shareholding in Aeroflex Neu Limited (formerly SAH Polymers Limited). These filings detail the shareholding positions as of March 31, 2026, and confirm that no encumbrance was made on the shares during the financial year ended March 31, 2026. The letters were submitted to BSE Limited and the National Stock Exchange of India Limited on April 3, 2026.

SAT Invest Private Limited Disclosure

SAT Invest Private Limited filed its annual disclosure declaring its shareholding in Aeroflex Enterprises Limited. The disclosure was signed by Asad Daud, Director (DIN: 02491539), and addressed to the Listing Departments of both NSE and BSE. The key details of this disclosure are presented below:

A Flex Invest Private Limited Disclosure

Separately, A Flex Invest Private Limited also filed its annual disclosure under the same regulation, declaring its shareholding in Aeroflex Enterprises Limited (Formerly SAT Industries Limited) as of 31st March 2026. The disclosure was signed by Director Asad Daud (DIN: 02491539). The key details are as follows:

Aeroflex Enterprises Limited Disclosure — Aeroflex Neu Limited

Aeroflex Enterprises Limited also filed its own annual disclosure under Regulation 31(4), declaring its shareholding in Aeroflex Neu Limited (formerly known as SAH Polymers Limited) as of 31st March 2026. The disclosure was signed by Harikant Turgalia, Whole-time Director (DIN: 00049544), and submitted to both BSE Limited and the National Stock Exchange of India Limited. The key details are as follows:

No Encumbrance Reported

All three disclosing entities explicitly stated that they have not made any encumbrance of shares, either directly or indirectly, during the financial year ended 31st March 2026. SAT Invest Private Limited confirmed no encumbrance on its 5,08,35,000 equity shares held in Aeroflex Enterprises Limited, while A Flex Invest Private Limited confirmed the same for its 75,00,000 equity shares. Aeroflex Enterprises Limited similarly confirmed no encumbrance on its 1,43,16,000 equity shares held in Aeroflex Neu Limited. The compliance officer for Aeroflex Enterprises Limited, Alka Premkumar Gupta, submitted the cover letter regarding the promoter group disclosures to the exchanges.

Aeroflex Enterprises Limited has successfully completed the sale of its entire 68% equity stake in subsidiary MR Organisation Limited to Ingersoll-Rand Industrial U.S., Inc for ₹222.87 crores. The transaction was finalized on April 30, 2026, marking the company's strategic exit from the compressor parts and services business. With this completion, MR Organisation Limited has ceased to be a subsidiary of Aeroflex Enterprises Limited effective April 30, 2026.

Transaction Completion Details

The company announced the successful transfer and sale completion through an official communication to stock exchanges on April 30, 2026. As per the Share Purchase and Subscription Agreement (SPSA) terms, Aeroflex Enterprises received the primary consideration of ₹222.87 crores on the completion date. The remaining balance will be received subject to customary post-closing conditions mentioned in the SPSA.

Original Transaction Framework

The Board of Directors had initially approved this strategic divestment on April 29, 2026, at a board meeting that commenced at 4:00 p.m. and concluded at 4:48 p.m. The original announcement indicated a sale consideration of ₹22,742 lakhs, with completion expected within 120 days of signing the Share Purchase and Subscription Agreement.

Financial Impact Assessment

MR Organisation Limited represented a significant portion of Aeroflex Enterprises' consolidated operations. The subsidiary's contribution to the parent company's financial performance demonstrated its substantial operational footprint within the group structure.

Strategic Implications

The transaction represents a significant milestone for Aeroflex Enterprises Limited as it exits the compressor parts and services business segment. The company has indicated its commitment to evaluate opportunities for deploying the proceeds in a manner that maximizes long-term shareholder value. Ingersoll-Rand Industrial U.S., Inc, the acquirer, brings over 160 years of experience in compressed air solutions, offering expertise in air compressors, nitrogen generators, and PET compressors.

The sale was executed outside the Scheme of Arrangement with necessary regulatory compliance, including shareholder approval obtained at an extraordinary general meeting held on January 27, 2026, in accordance with SEBI regulations. Company Secretary and Compliance Officer Alka Premkumar Gupta signed the official communication confirming the transaction completion.