AERPACE Industries has successfully activated its integrated research and development and manufacturing facility in Chakan Industrial Region, Pune, marking a significant operational milestone. The company conducted a comprehensive soft launch event with strategic alignment sessions for all employees across verticals.

Facility Activation and Strategic Alignment

The Pune facility has transitioned from infrastructure readiness to full operational status. The soft launch event included an all-employee vision alignment session led by the management team, emphasizing the company's integrated ecosystem strategy.

The strategic session covered four key verticals: renewable energy solar manufacturing, defence drone ecosystem, sustainable transportation platforms, and proprietary software systems. This comprehensive approach ensures unified execution toward building a sustainable, self-sufficient transportation and defence ecosystem powered by advanced technologies and clean energy.

Solar Manufacturing Production Readiness

The solar panel manufacturing vertical has achieved complete operational readiness with all critical systems successfully installed and calibrated. The facility has completed mechanical installation, electrical integration, and system calibration phases.

The production timeline indicates the company's transition into active manufacturing operations within the renewable energy segment, with initial focus on process stabilization, quality validation, and output optimization.

Defence Drone Manufacturing Infrastructure

The defence drone manufacturing setup has progressed significantly with infrastructure deployment actively underway. The company has initiated procurement of required machinery and equipment, with deliveries of key manufacturing systems commenced and installation in progress.

The facility will support comprehensive defence capabilities including UAV assembly and integration, subsystem manufacturing for flight control, propulsion and communication systems, plus testing, validation, and demonstration preparation.

Integrated Operational Capabilities

With full activation, the Pune facility now serves as a central execution hub supporting multiple operational verticals. The integrated capabilities encompass solar panel manufacturing, defence UAV assembly and integration, engineering testing and validation, R&D and product development activities, and demonstration programs for stakeholder engagement.

The company has entered a structured execution phase with immediate priorities focused on commencing solar panel production in April 2026 with scalable output capacity, completing drone manufacturing line installation and commissioning, and developing UAV platforms for domestic and international stakeholder demonstrations.

Aerpace Industries Limited has announced the resignation of Ms. Neha Rajan Mankame from her position as Company Secretary and Compliance Officer. The resignation takes effect from the close of business hours on February 28, 2026, as communicated to BSE Limited under regulatory disclosure requirements.

Regulatory Disclosure Details

The company informed BSE Limited about the resignation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was signed by Milan Shah Bhupendra, Managing Director, and includes all required documentation as per regulatory guidelines.

Resignation Details

In her resignation letter dated February 28, 2026, Ms. Neha Rajan Mankame stated that she is resigning due to better career prospects. She specifically declared that there are no other material reasons for her resignation, providing clarity on the circumstances surrounding her departure.

The resignation letter expressed gratitude toward the Board of Directors for the opportunity to serve the company. Ms. Mankame requested the Board to accept her resignation and make necessary arrangements for filing required forms with the Registrar of Companies and providing intimation to stock exchanges.

Corporate Compliance

Aerpace Industries Limited, formerly known as Supremex Shine Steels Limited, has ensured full compliance with regulatory requirements regarding the resignation announcement. The company provided detailed information as required under SEBI Master Circular No. SEBI/HO/CFD-PoD2/CIR/P/0155 dated November 11, 2024.

The resignation represents a change in key managerial personnel, with the Company Secretary and Compliance Officer being designated as Key Managerial Personnel under regulatory frameworks. The company will need to make appropriate arrangements for the transition and appointment of a successor to fulfill these critical compliance functions.