The promoter group of Aeron Composite Limited held 12,532,000 equity shares as of March 31, 2026, confirming that no shares were encumbered directly or indirectly during the financial year 2025-26. This disclosure was submitted to the National Stock Exchange of India Limited by Chirag Chandulal Patel, Promoter and Managing Director, on April 3, 2026.

The filing was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011. The declaration covers the promoter and promoter group along with persons acting in concert.

Promoter and Promoter Group Details

The disclosure lists 56 entities and individuals associated with the promoter group. While the group collectively holds the stated equity shares, the document notes that specific members listed from serial number 22 to 56 hold NIL shares.

Key Shareholding Details

The list of promoter group members includes various individuals and entities such as Dadhaniya Shantilal Shambhubhai HUF, Patel Pankajkumar Ratilal, and corporate entities like Chamak Paint & Coating Private Limited and Innomach Engineering Private Limited.

Aeron Composite Limited has announced its audited standalone financial results for the year ended March 31, 2026. The company reported a net profit of ₹871.63 lakh for the fiscal year, a decline from the ₹1,334.33 lakh recorded in the previous year. Revenue from operations increased to ₹22,183.75 lakh from ₹21,801.09 lakh in the corresponding period of the last fiscal.

Financial Performance

The company's total income for the year stood at ₹22,458.72 lakh, up from ₹22,060.28 lakh in FY25. Total expenses for the period were reported at ₹21,268.15 lakh, compared to ₹20,241.88 lakh in the previous year. Profit before tax for the year ended March 31, 2026, was ₹1,171.86 lakh, lower than the ₹1,818.40 lakh reported in the prior year.

The basic earnings per share (EPS) for the year decreased to ₹5.12 from ₹8.84 in the previous year. For the half year ended March 31, 2026, the company reported a net profit of ₹148.40 lakh and revenue from operations of ₹10,300.68 lakh.

Segment Reporting

Aeron Composite operates primarily in the manufacturing and supplying of Fiber Glass Reinforced Polymer (FRP) products. Geographic segment reporting indicates that revenue from outside India was significant. For the year ended March 31, 2026, revenue from the segment outside India stood at ₹11,523.03 lakh, while revenue from India was ₹10,660.72 lakh.

Key Financial Metrics

Board Decisions and Appointments

The Board of Directors approved the audited financial results for the half year and year ended March 31, 2026. Additionally, the board approved the re-appointment of M/s. G B & Co. as Internal Auditors and Mr. Alok Sharma as Cost Auditors for the financial year 2026-27. The company confirmed that there is no deviation or variation in the utilization of proceeds from its Initial Public Offer (IPO).