Aeroflex Industries Limited has submitted its quarterly compliance certificate to stock exchanges BSE and NSE, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company filed the mandatory certificate under Regulation 74(5) of SEBI regulations on April 4, 2026, through its Company Secretary and Compliance Officer, Ruthu Parampogi. The filing was addressed to both BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed.

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's Registrar and Share Transfer Agent. The registrar issued the compliance certificate dated April 1, 2026, confirming adherence to dematerialization process requirements.

The certificate was signed by Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India Private Limited, confirming that all regulatory procedures were properly followed during the quarter.

Dematerialization Activity

A significant aspect of this quarter's filing is the absence of dematerialization requests. The registrar specifically noted that no requests were received from shareholders for dematerialization during the quarter ended March 31, 2026.

Regulatory Framework

The filing ensures compliance with SEBI's depositories regulations, which require companies to confirm that securities received for dematerialization are properly processed within prescribed timelines. The regulation mandates that security certificates are mutilated and cancelled after verification, with depositories' names substituted in the register of members as registered owners.

This quarterly compliance certificate demonstrates Aeroflex Industries' commitment to maintaining transparent and compliant share transfer processes, even during periods of no dematerialization activity.

Aeroflex Industries has successfully implemented the first phase of its manufacturing capacity expansion for liquid cooling SFN skid assemblies, officially increasing production capacity from 2,000 to 6,000 pieces per year effective April 1, 2026. The company has commenced production at the enhanced capacity level and continues progressing toward its comprehensive expansion plan.

Capacity Expansion Implementation

The company has achieved a significant milestone in its strategic expansion plan with the successful implementation of Phase 1:

Recent Sales Performance

The company demonstrated strong market traction for its SFN skid assemblies during the fourth quarter of FY 2025-26:

Revenue Impact and Financial Projections

The capacity expansion is structured to deliver substantial financial returns across multiple phases, with management providing detailed revenue projections:

Strategic Market Positioning

The successful installation of SFN skid assemblies across multiple data centers validates the company's product quality and market positioning in liquid cooling solutions. The phased expansion approach allows Aeroflex Industries to systematically scale operations while maintaining quality standards and market responsiveness.

Future Expansion Timeline

The company continues to progress with Phase 2 of its expansion plan, targeting capacity enhancement to 15,000 pieces per year with anticipated completion by June/July 2026. This systematic approach positions the company to achieve the sustainable revenue target of ₹300-350 crore at optimized utilization levels while capturing significant market share in the growing liquid cooling solutions sector.