Aeroflex Industries Files Q4FY26 Regulation 32 Statement, Confirms No Deviation in Fund Utilisation
Aeroflex Industries Limited filed its Q4FY26 Statement of Deviation and Variation under SEBI Regulation 32, confirming no deviation in the utilisation of Rs. 54,99,99,714.60 raised through preferential equity allotment on February 03, 2026. Funds were allocated towards long-term working capital, general corporate purposes, and preferential issue expenses, with total utilisation of Rs. 12,59,00,806.00 during the quarter. The Audit Committee reviewed the statement and neither the committee nor the auditors raised any comments. The filing was submitted to BSE Limited and the National Stock Exchange of India Limited on May 05, 2026.

*this image is generated using AI for illustrative purposes only.
Aeroflex Industries Limited has filed its Statement of Deviation and Variation under Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the quarter and year ended March 31, 2026. The filing, dated May 05, 2026, was submitted to both BSE Limited and the National Stock Exchange of India Limited. The statement was reviewed by the Audit Committee and subsequently taken on record by the Board of Directors.
Fund Raising Details
The company raised funds through the allotment of equity shares on a preferential basis, with the date of allotment recorded as February 03, 2026. The total amount raised stood at Rs. 54,99,99,714.60. The filing confirms that there is no deviation or variation in the utilisation of these funds against the originally disclosed objects. No monitoring agency was applicable for this fund raise.
The following table summarises the key parameters of the fund raising as disclosed in the filing:
| Parameter: | Details |
|---|---|
| Mode of Fund Raising: | Allotment of Equity shares on preferential basis |
| Date of Raising Funds: | February 03, 2026 (Date of allotment) |
| Amount Raised: | Rs. 54,99,99,714.60 |
| Report Filed for Quarter Ended: | March 31, 2026 |
| Monitoring Agency: | Not Applicable |
| Deviation / Variation: | No Deviation / Variation |
| Audit Committee Comments: | No Comments |
| Auditor Comments: | No Comments |
Fund Utilisation Breakdown
The total funds raised have been allocated across specific objects as originally disclosed. The table below presents the original allocation, funds utilised during the period, and the deviation status for each object (amounts in Rs.):
| Original Object: | Original Allocation | Funds Utilised | Deviation/Variation |
|---|---|---|---|
| Long-term working capital | 41,52,49,783.60 | 9,50,00,000.00 | Nil |
| General Corporate Purpose | 12,02,49,931.00 | 1,64,00,806.00 | Nil |
| Advisory Fees (Preferential Issue expenses) | 1,41,60,000.00 | 1,41,60,000.00 | Nil |
| Board Meetings, EGM & Miscellaneous expenses | 3,40,000.00 | 3,40,000.00 | Nil |
| Total | 54,99,99,714.60 | 12,59,00,806.00 | — |
No modified objects or modified allocations were reported against any of the above categories. The company confirmed that all preferential issue expenses, including advisory fees of Rs. 1,41,60,000.00 and board meetings, extraordinary general meetings, and miscellaneous expenses of Rs. 3,40,000.00, have been fully utilised as originally allocated.
Regulatory Compliance
The filing was signed by Ruthu Parampogi, Company Secretary & Compliance Officer (M. No. A60982), on May 05, 2026. As per the disclosure, deviation or variation under Regulation 32 may encompass deviation in the objects or purposes for which funds were raised, deviation in the amount actually utilised against original disclosures, or changes in terms of a contract referred to in the fund-raising document. Aeroflex Industries confirmed that none of these conditions apply to the current reporting period.
Historical Stock Returns for Aeroflex Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +19.99% | +35.53% | +62.10% | +129.50% | +155.25% | +153.35% |
With only Rs. 12.59 crore of the Rs. 55 crore raised deployed so far, what is Aeroflex Industries' timeline for fully utilizing the remaining long-term working capital and general corporate purpose funds?
How might the preferential allotment of equity shares in February 2026 impact Aeroflex Industries' earnings per share and shareholder dilution in upcoming quarterly results?
What specific business expansion or operational initiatives is Aeroflex Industries targeting with the Rs. 41.52 crore allocated for long-term working capital, and could this signal capacity expansion plans?


































