Aequs Limited has published the newspaper advertisement for its 26th Annual General Meeting (AGM) on August 14, 2026, in Financial Express (English edition) and Vishwavani (Kannada edition). The AGM is scheduled to be held on Friday, September 4, 2026, at 4:00 pm through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in compliance with circulars issued by the Ministry of Corporate Affairs (MCA) and SEBI.
The company has dispatched the AGM notice along with the Annual Report for FY26 to shareholders whose email addresses are registered with the company, Registrar and Share Transfer Agent (RTA), or Depository Participants as on August 7, 2026. For members without registered email addresses, a letter containing a web link to access the documents has been sent. KFin Technologies Limited serves as the RTA. The documents are also available on the company's website at https://www.aequs.com/investor/ and on the stock exchange websites.
AGM and e-voting details
Shareholders may cast their votes electronically during the remote e-voting window. The cut-off date for determining voting eligibility is August 28, 2026. Members who have not cast their vote remotely can exercise their voting rights during the AGM via the e-voting system. Those who have already voted remotely are not entitled to vote again during the meeting.
| Particulars: |
Details |
| AGM date and time: |
September 4, 2026, 4:00 pm |
| AGM mode: |
Video Conferencing / OAVM |
| Cut-off date for e-voting: |
August 28, 2026 |
| E-voting start: |
September 1, 2026, 9:00 am |
| E-voting end: |
September 3, 2026, 5:00 pm |
Members wishing to express views or ask questions as speakers must pre-register on https://emeetings.kfintech.com between August 29, 2026, and August 31, 2026. The company will provide a webcast of the AGM proceedings, accessible via KFin's website using e-voting login credentials. CS Pramod S M or CS Biswajit Ghosh from M/s. BMP & Co. LLP has been appointed as Scrutinizer for the remote e-voting process.
FY26 financial performance
The company delivered strong consolidated revenue and EBITDA growth in FY26. Consolidated revenue grew 33% to ₹12,304 million, while EBITDA grew 43% to ₹1,545 million, with EBITDA margin expanding to 13% from 12% in FY25. At the net level, the company reported a consolidated loss of ₹1,133 million in FY26, compared with a loss of ₹1,024 million in FY25. On a standalone basis, the company generated total income of approximately ₹1,784 million and posted a net profit of ₹498 million, compared with a net loss of ₹741 million in the previous year.
| Metric: |
FY26 |
FY25 |
| Consolidated revenue (₹ Mn): |
12,304 |
9,246 |
| EBITDA (₹ Mn): |
1,545 |
1,455 (FY24 basis shown) |
| EBITDA margin: |
13% |
12% |
| Consolidated net loss (₹ Mn): |
(1,133) |
(1,024) |
| Total assets (₹ Mn): |
26,905 |
— |
| Net debt/equity (x): |
0.23 |
0.99 |
| Fixed asset turnover: |
1.18 |
1.65 |
| ROCE (%): |
1.56 |
0.92 |
Segment performance
Aerospace revenue grew 27% to ₹10,464 million, supported by strong programme execution. The Aerospace segment closed FY26 with an order book of USD 889 million as at March 31, 2026, and a portfolio of 5,654 SKUs. Consumer revenue grew 84% to ₹1,840 million as the Consumer Electronics business progressed from pilot production to commercial scale, with the Consumer segment's contribution to consolidated revenue rising from 11% in FY25 to 15% in FY26.
| Segment: |
FY26 Revenue (₹ Mn) |
YoY Growth |
| Aerospace: |
10,464 |
27% |
| Consumer: |
1,840 |
84% |
IPO and listing milestone
FY26 marked a defining milestone with the successful listing of Aequs' equity shares on Indian stock exchanges on December 10, 2025, following an initial public offering. The IPO was oversubscribed by 101.63 times. The IPO comprised a fresh issue of equity shares aggregating up to ₹6,700.5 million and an offer for sale aggregating up to ₹2,517.6 million by certain existing shareholders. The issue opened on December 3, 2025 and closed on December 5, 2025. Total shares post issue stood at 67,06,65,635.
Capital investments and strategic developments
During FY26, the company signed a Memorandum of Understanding with the Government of Tamil Nadu to invest ₹1,900 crore over ten years at Hosur for an integrated ecosystem for aero-engine and landing-gear components. Separately, the company approved a proposed investment of ₹2,856 crore over five years across its Belagavi and Hubballi clusters in Karnataka to expand Aerospace precision engineering and Consumer manufacturing capacity. The five-year capital expenditure plan contemplates approximately USD 350 to 450 million between FY27 and FY31.
Accessing documents
The AGM notice and annual report are accessible via the company's website under the Investor Relations section at https://www.aequs.com/investor/ . Shareholders holding shares in dematerialised mode who wish to update their email addresses should contact their respective Depository Participants. Those holding physical shares must write to the RTA, KFin Technologies Limited, located in Hyderabad. Physical copies of the annual report are available upon request by writing to the investor relations team with the folio number, DP ID, client ID, and complete address.