PTC Industries Limited announced through its wholly owned subsidiary Aerolloy Technologies Limited the successful completion of installation and hot and cold trials of an advanced 4500/5100 Tonne Intelligent Open Die Forging System at the Strategic Materials Technology Complex in Lucknow Node of the UP Defence Industrial Corridor.

Advanced Forging Capabilities

The newly installed forging system represents a transformational expansion of Aerolloy's manufacturing ecosystem. Engineered for precision, scale, and intelligence, this system is capable of working with Titanium, Superalloys, and a wide range of advanced high-performance alloys. The system enables production of critical components that are indispensable to next-generation aeroengines, advanced defence platforms, space propulsion systems, and industrial gas turbines.

Integrated Manufacturing Ecosystem

This milestone completes what the company describes as a globally rare trifecta of melting, casting, and forging capabilities all under one roof. Combined with the recently completed installation and successful trials of the Vacuum Induction Melting (VIM) furnace for Superalloy castings and the Vacuum Arc Remelting (VAR) 400 furnace for large Titanium castings, Aerolloy and PTC now offer one of the most comprehensive aerospace material-to-component supply chains globally.

According to Mr. Sachin Agarwal, Chairman and Managing Director of PTC Industries, the installation represents a landmark moment for India's aerospace and defence manufacturing ecosystem. He emphasized that the end-to-end integration from melting and casting to forging in Titanium, Superalloys, and advanced high-performance alloys defines a global-class aerospace supply chain.

Strategic Market Position

The installation strengthens Aerolloy's strategy of building globally rare, highly integrated manufacturing capabilities. This integration creates efficiency, cost competitiveness, supply chain resilience, and quality control advantages for global customers while significantly enhancing India's strategic position within the global aerospace and defence supply chain.

The company notes that global demand for aerospace-grade forged Titanium and Superalloy components is expanding rapidly, driven by next-generation commercial aircraft engines, widening defence programmes, and accelerating space exploration activity. This positions Aerolloy to capture opportunities both domestically and internationally while aligning with India's strategic objectives of supply chain security and technological self-reliance.

Company Background

PTC Industries Limited is a manufacturer of precision metal components and strategic materials for critical applications, with over six decades of experience. Through Aerolloy Technologies Limited, the group manufactures Titanium and Super Alloy materials and components for aerospace, defence, and space applications in India and globally. The company continues to make substantial investments in building a fully integrated advanced materials ecosystem at the Uttar Pradesh Defence Industrial Corridor.

PTC Industries Limited has announced the grant of 13,827 stock options to eligible employees under its Employee Stock Option Scheme 2019. The company's Compensation Committee (Nomination & Remuneration Committee) approved this grant during its meeting held on March 30, 2026, as part of its employee incentive program.

Stock Option Grant Details

The granted options are convertible into an equal number of equity shares upon exercise, providing employees with potential ownership stakes in the company. The scheme demonstrates the company's commitment to employee retention and motivation through equity participation.

Regulatory Compliance and Framework

The Employee Stock Option Scheme 2019 operates in full compliance with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company has structured the program to meet all regulatory requirements while providing meaningful incentives to its workforce.

The scheme covers multiple categories of eligible participants:

• Permanent employees working in India or outside India
• Directors of the company (excluding independent directors)
• Employees of subsidiary companies and holding companies

Vesting and Exercise Terms

The stock options feature structured vesting and exercise periods designed to align employee interests with long-term company performance. The Compensation Committee determines specific vesting periods for each grant, ensuring flexibility while maintaining regulatory compliance.

The vesting of options remains subject to the employee's continued employment with the company, ensuring retention benefits while protecting shareholder interests. Employees can exercise vested options by submitting written applications in the prescribed format.

Implementation and Administration

PTC Industries implements the scheme directly through its Board and Compensation Committee, maintaining internal control over the program administration. This approach ensures alignment with company objectives while providing efficient management of the employee stock option program.

The company has notified both the National Stock Exchange of India Limited and BSE Limited about this grant, fulfilling its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.