Aero Enterprises Limited has informed stock exchanges about a significant GST order received by its subsidiary company, Aeroflex Industries Limited (AIL), under Regulation 30 of the SEBI Listing Regulations. The disclosure was made on April 08, 2026, following the company's receipt of the order from tax authorities.

GST Demand Details

The Office of the Superintendent, Central GST Commissionerate, Raigad has issued an order under Section 74 of CGST Act 2017 against Aeroflex Industries Limited. The order creates a substantial financial demand on the subsidiary company.

Nature of Violation

The GST demand relates to input tax credit issues on expenses incurred in connection with the Initial Public Offering (IPO) and other related matters. The tax period under scrutiny spans from April 2021 to March 2024, covering a three-year period during which the alleged contraventions occurred.

Order Timeline and References

The GST order carries specific reference numbers and was processed through official channels:

Company's Response Strategy

Aeroflex Industries Limited has outlined its approach to address the GST order. The subsidiary intends to file an appeal before the Appellate Authority within the prescribed time limit under the law. The company management has expressed confidence regarding the merits of their case and expects a favorable outcome from the appellate process.

Financial Impact Assessment

Despite the substantial demand amount, AIL does not anticipate any material financial impact from this order. The company's confidence stems from their assessment of the case merits and their planned legal strategy to challenge the demand through proper appellate channels.

The disclosure was signed by Alka Premkumar Gupta, Company Secretary & Compliance Officer, and submitted to both BSE Limited and National Stock Exchange of India Limited as required under listing regulations.

Aeroflex enterprises Limited has submitted its quarterly compliance certificate to stock exchanges for the quarter ended March 31, 2026. The submission was made on April 03, 2026, as part of the company's regulatory compliance requirements under SEBI regulations.

Regulatory Compliance Submission

The company filed its Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 with both BSE Limited and National Stock Exchange of India Limited. The certificate was prepared and issued by MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, which serves as the company's Registrar and Share Transfer Agent.

Certificate Details

The compliance certificate confirms that securities received from depository participants for dematerialisation during Q4FY26 were processed according to regulatory requirements. MUFG Intime India Private Limited certified that any securities received would have been confirmed to depositories within prescribed timelines and properly listed on stock exchanges.

Key Compliance Confirmation

A significant aspect of this quarter's certificate is that no dematerialisation requests were received from shareholders during the quarter ended March 31, 2026. The certificate was issued specifically at the company's request for compliance purposes, ensuring adherence to SEBI regulatory requirements even in the absence of dematerialisation activity.

Corporate Communication

The submission was signed by Alka Premkumar Gupta, Company Secretary and Compliance Officer (Membership No: A35442), and digitally authenticated on April 03, 2026. The certificate from MUFG Intime India Private Limited was signed by Ashok Shetty, Sr. Vice President-Corporate Registry.

This regulatory filing demonstrates the company's commitment to maintaining compliance with SEBI regulations and ensuring transparent communication with stock exchanges regarding depository and participant-related activities.