Aeroflex Industries Limited has received a significant GST demand order from tax authorities, requiring disclosure under regulatory compliance norms. The company announced this development through a formal communication to stock exchanges on April 08, 2026.

GST Order Details

The Office of the Superintendent, Central GST Commissionerate, Raigad has issued an order under Section 74 of CGST Act 2017 against Aeroflex Industries. The order details are presented below:

Nature of Tax Dispute

The GST demand relates to input tax credit claimed on expenses incurred in connection with the company's Initial Public Offering (IPO) and other related matters. The tax period under scrutiny spans from April 2021 to March 2024, covering three financial years of the company's operations.

The order was uploaded on the GST portal on April 07, 2026, and came to the company's knowledge on April 08, 2026. The company has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company's Response Strategy

Aeroflex Industries has outlined its approach to address this tax demand:

• Plans to file an appeal before the Appellate Authority within the time limit prescribed under law
• Expresses confidence in achieving a favorable outcome in the appeal process
• Does not expect the order to have any material financial impact on the company
• Believes in the merits of its case regarding the disputed input tax credit claims

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with sub-para 20, Para A, Part A, Schedule III of the SEBI Listing Regulations. This ensures transparency with stakeholders regarding significant legal and regulatory developments affecting the company.

The company has formally communicated this information to both BSE Limited (Company Code: 543972) and National Stock Exchange of India Limited (Trading Symbol: AEROFLEX) as required under listing obligations.

Aeroflex Industries Limited has received mandatory shareholding disclosures from its promoter group entities in compliance with SEBI regulations. The disclosures pertain to shareholdings as on March 31, 2026, and were submitted under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Promoter Group Shareholding Details

The company received disclosures from two key promoter group entities regarding their equity holdings as of March 31, 2026:

Regulatory Compliance

Both promoter entities submitted their annual disclosures on April 3, 2026, confirming their respective shareholdings. The disclosures specifically state that neither entity made any encumbrance of shares, either directly or indirectly, during the financial year ended March 31, 2026.

Aeroflex Enterprises Limited, formerly known as SAT Industries Limited, holds the larger stake among the two disclosed entities. The company operates under trading symbol AEROENTER on the exchanges.

Corporate Communication

Ruthu Parampogi, Company Secretary and Compliance Officer of Aeroflex Industries Limited, communicated the receipt of these disclosures to both BSE Limited and National Stock Exchange of India Limited on April 4, 2026. The notifications were sent to ensure proper record-keeping by the stock exchanges.

The disclosures were signed by Harikant Turgalia, Whole Time Director and CFO of Aeroflex Enterprises Limited, and Asad Daud, Director of Italica Global F.Z.C. Both entities have requested the exchanges to take the disclosures on record and copied the Audit Committee of Aeroflex Industries Limited on their communications.