Aeroflex Enterprises Ltd has approved the re-appointment of Mrs. Uma Mandavgane as Non-Executive Independent Director for a second term of five years, effective from May 31, 2027, subject to shareholder approval. The decision was taken by the Board of Directors during a meeting held on June 26, 2026, based on the recommendation of the Nomination, Remuneration and Compensation Committee. The re-appointment is contingent upon approval by the shareholders at the ensuing Annual General Meeting.

Mrs. Uma Mandavgane (DIN: 03156224) has been serving as an Independent Director of the Company since May 31, 2024. She is an Associate Chartered Accountant from the Institute of Chartered Accountants of India and a Certified Information Systems Auditor from ISACA, USA. With over three decades of experience in risk advisory, corporate finance and treasury management, she has held leadership roles in large consulting engagements with Big Four firms across sectors including banking and financial services, ITES, oil and gas, manufacturing and retail. Her expertise spans governance, risk and compliance, enterprise risk management, technology and business risk assurance, and business process transformation. Mrs. Mandavgane is not related to any Director of the Company and is not debarred from holding the office of the Director by virtue of any SEBI order or any other such authority.

Simultaneously, the Board categorized two eligible employees as Senior Management Personnel (SMP) of the Company with effect from June 26, 2026. The appointments aim to strengthen the company's strategic initiatives and corporate strategy functions.

Senior Management Appointments

The following individuals have been categorized as Senior Management Personnel:

Mr. Taikhum Bandoowala is a member of the Institute of Chartered Accountants of India and has been associated with the Company since 2022. He works closely on strategic initiatives, corporate development, expansion opportunities, investment banking, mergers and acquisitions, strategic tie-ups and investor relations. He also supports the Group's early-stage and angel investment activities, strategic partnerships and acquisition opportunities in India and overseas markets.

Ms. Bronika Doshi is a CFA Level II candidate, a member of the Institute of Company Secretaries of India and a law graduate. She is a strategy and investments professional with over six years of experience in corporate strategy, capital allocation, mergers and acquisitions, IPO processes, strategic divestments and cross-border transactions. Associated with the Company since 2021, she supports strategic initiatives, investment decisions and cross-functional execution, bringing a strong combination of investment expertise, legal knowledge and governance credentials.

The disclosures were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The board meeting commenced at 3:30 p.m. and concluded at 4:42 p.m.

Aeroflex Enterprises Limited received a disclosure from its promoter group entity, A Flex Invest Private Limited, regarding an increase in shareholding to 7.38% through an open market acquisition. The acquirer purchased 1,00,000 equity shares on June 17, 2026, at ₹113.30 per share. This transaction increased the promoter group's total holding to 83,47,500 equity shares, reinforcing its position in the company.

The disclosure was submitted by Asad Daud, Director of A Flex Invest Private Limited, in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The target company's total voting capital remains ₹22.61 crore, divided into 11,30,85,000 equity shares of ₹2 each. The acquirer holds no encumbered shares, warrants, or convertible instruments other than equity shares carrying voting rights.

Acquisition Details

The disclosure details the specific acquisition made on June 17, 2026.

Shareholding Pattern

The following table outlines the change in shareholding for A Flex Invest Private Limited as per the disclosure.