A Flex Invest Private Limited, a member of the Aeroflex Enterprises promoter group, acquired 1,75,700 equity shares through an open market transaction on September 17, 2026. The purchase was executed at a price of ₹120.25 per share.

This acquisition increased the entity's total holding to 85,23,200 equity shares, representing 7.54% of the company's issued and paid-up equity share capital. Prior to this transaction, A Flex Invest held 83,47,500 shares, which constituted 7.38% of the voting capital.

Transaction Details

The acquisition was made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction details are outlined below:

Asad Daud, Director of A Flex Invest Private Limited, signed the disclosure filed with both the National Stock Exchange of India Limited and BSE Limited. The filing confirms that none of the acquired or existing shares are encumbered by pledge, lien, or non-disposal undertakings.

Capital Structure Context

Aeroflex Enterprises Limited maintains an equity share capital of ₹22,63,28,400, divided into 1,13,16,42,000 equity shares with a face value of ₹2 each. The total diluted share capital stands at ₹22,66,98,000, comprising 1,13,34,90,000 equity shares.

Aeroflex Enterprises members approved all ordinary and special business items at its 41st annual general meeting held on September 8, 2026. The resolutions included the adoption of financial statements for FY26, declaration of a final dividend, and the re-appointment of directors.

The meeting was conducted via video conferencing, commencing at 11:00 am and concluding at 11:48 am. A total of 49 members attended, comprising two promoter group representatives and 47 public shareholders. Mr. Asad Daud served as the chairman of the meeting. Voting rights were determined based on shareholding as on September 1, 2026, with a total of 36,536 shareholders on record.

Resolutions Passed

Members approved all six resolutions listed in the notice dated August 11, 2026. Key approvals included:

• Adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026.
• Declaration of final dividend on equity shares for FY26.
• Re-appointment of Mr. Harikant Ganeshlal Turgalia as a director retiring by rotation.
• Re-appointment of Mrs. Uma Manoj Mandavgane as an independent woman director for a second five-year term.
• Alteration of the object clause in the memorandum of association.
• Increase in limits under Section 186 of the Companies Act, 2013.

Voting Results

The promoter and promoter group, holding 5,91,82,500 shares, voted in favor of all resolutions with 100% participation. Public non-institutional shareholders polled approximately 26.11% of their outstanding shares. Institutional public shareholders did not cast any votes.

All resolutions were passed by the requisite majority. The scrutinizer's report, submitted by Dr. S. K. Jain, confirmed that the e-voting process was conducted in compliance with SEBI Listing Regulations and the Companies Act, 2013. Remote e-voting remained open from September 4 to September 7, 2026.

Director Profile

Mrs. Uma Manoj Mandavgane (DIN: 03156224) has been serving as an Independent Director since May 31, 2024. Her new term commences on May 31, 2027, and concludes on May 30, 2032. She is an Associate Chartered Accountant and a Certified Information Systems Auditor with over three decades of experience in risk advisory and corporate finance.

Mr. Harikant Ganeshlal Turgalia (DIN: 00049544) was re-appointed as a director retiring by rotation.

Attendance and Governance

All directors and key managerial personnel attended except Mrs. Shehnaz D Ali and Mrs. Uma Mandavgane, who were absent due to professional commitments. The statutory auditor, M/s. Ajay Paliwal & Co., reported no qualifications or adverse remarks in its audit report. The secretarial audit report was similarly clean.