Aeroflex Neu Limited has scheduled a meeting of its Board of Directors for Wednesday, September 23, 2026, at 3:30 pm. The agenda includes exploring new business avenues and the expansion or diversification of existing activities.

The company issued the intimation on September 18, 2026, pursuant to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board will also consider any other business with the permission of the Chair.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company’s securities is closed for all insiders, designated persons, their immediate relatives, and other connected persons.

The closure began on September 18, 2026. The window will reopen 48 hours after the conclusion of the board meeting, on September 25, 2026. This restriction applies to all personnel covered under the company’s Code of Conduct for Prevention of Insider Trading.

Aeroflex Neu Limited shareholders approved all nine resolutions at its 34th Annual General Meeting (AGM) held on August 25, 2026. The voting results, scrutinized by CA Ashok Modi, confirmed the appointment of two independent directors and a strategic expansion of the company’s preferential issue objectives.

The physical meeting in Udaipur concluded at 11:28 am. Of the 5,716 total shareholders on the cut-off date, 43 members (two from the promoter group and 41 public shareholders) were present in person or through proxy. Remote e-voting was conducted via Central Depository Services (India) Limited (CDSL) from August 20 to August 24, 2026.

Director Appointments

Mr. Asad Daud was reappointed as a Director after retiring by rotation. The Board appointed Mr. Arpit Kalani (DIN: 09734386) and Mr. Tapan Tanmay Kothari (DIN: 11798942) as Non-Executive Independent Directors.

Both directors were appointed for a term of five consecutive years, commencing from July 15, 2026, to July 14, 2031. The appointments were recommended by the Nomination and Remuneration Committee and approved by the Board on July 15, 2026.

New Independent Directors Profile

Mr. Kalani possesses expertise in statutory compliances under the Companies Act. Mr. Kothari brings managerial and operational expertise across banking and sales. Neither director is related to any existing director of the company.

Preferential Issue Modification

A special resolution modified the first object of the preferential issue previously announced in May 2025. The revision aligns fund utilization with emerging business opportunities.

The change allows investment in data centers and hospitality businesses through subsidiaries or joint collaborations.

Related-Party Transactions

The AGM approved material related-party transactions with:

• Lion Houseware Private Limited
• Safe Polymer Private Limited
• Mr. Asad Daud, Director
• Mrs. Shehnaz D. Ali, relative of a Director

Voting Results Summary

All resolutions were declared passed with the requisite majority following the Scrutinizer’s report. The promoter group voted in favor of all ordinary and special resolutions where they were not interested parties. For related-party transactions, promoters abstained as required.

What the Numbers Show

The voting data reveals a distinct split in shareholder engagement based on the nature of the resolutions. While ordinary business items like financial statement adoption and director reappointments saw near-universal support from both promoters and public shareholders, the related-party transaction (RPT) approvals relied heavily on physical poll votes from public non-institutional shareholders. Promoters abstained from voting on RPTs as mandated, leaving the outcome to public shareholders who cast only 3,360 votes per RPT resolution compared to over 1.72 crore votes for other agenda items. This indicates that while promoter control is absolute on governance matters, minority shareholder approval remains critical for specific related-party dealings.