Aeroflex Industries Limited has successfully completed the allotment of 8.20 lakh equity shares to Ashish Kacholia and company on preferential basis. This development follows the board meeting that was scheduled for February 03, 2026, where the directors approved the equity share allotment.

Share Allotment Details

The company has executed the preferential allotment as planned, with the shares being allocated to prominent investor Ashish Kacholia and his associated entity:

Board Meeting Outcome

The board of directors meeting held on February 03, 2026, at 12:30 P.M. successfully concluded with the approval of equity share allotment. The meeting was conducted following regulatory requirements under SEBI guidelines and leveraged the in-principle approval previously received from stock exchanges.

Regulatory Compliance

The allotment has been completed pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has maintained proper disclosure protocols by informing both BSE Limited (trading code: 543972) and National Stock Exchange of India Limited (trading symbol: AEROFLEX) about this corporate action.

Company Secretary & Compliance Officer Ruthu Parampogi has ensured all regulatory communications are completed within the stipulated timeframe. The preferential allotment represents a significant corporate development that enhances the company's equity base with participation from a notable investor in the Indian capital markets.

Aeroflex Industries delivered exceptional performance in Q3 FY26, achieving record-breaking financial metrics across all key parameters. The company reported its highest-ever quarterly revenue, EBITDA, and profit after tax (PAT), demonstrating strong operational execution and strategic positioning in high-growth markets.

Record Financial Performance

The company's Q3 FY26 results showcase robust growth across all financial metrics:

For the nine-month period, total income reached ₹317 crores with EBITDA of ₹70.50 crores at a margin of 22.20%. PAT for nine months stood at ₹38 crores with a margin of approximately 12.00%.

Strategic Expansion in Liquid Cooling Solutions

A key highlight was the company's entry into high-performance liquid cooling solutions for data centers. Aeroflex completed its first commercial dispatch of advanced flow control components and skid assemblies for liquid cooling applications. The company is expanding skid assembly capacity to 15,000 units per annum, expected to be completed by June 2026.

Capacity Enhancement and Operational Milestones

The company added 1 million meters of hose capacity during the quarter, bringing total installed capacity to 17.50 million meters per annum. An additional 2.50 million meters will be commissioned in phases by Q2 of the next financial year. Six new assembly stations were added, increasing total assembly stations to 46.

Export Performance and Market Diversification

Despite tariff-related challenges, quarterly export business grew 30.00% year-on-year, reflecting strong customer relationships and execution capabilities. Export business contributes 74.00% of total revenue, with 85-95% coming from EU and USA markets. The recent EU-India FTA is expected to boost European market penetration significantly.

Subsidiary Performance and Future Outlook

Hyd-Air subsidiary generated revenues of ₹8.50 crores in Q3 FY26 compared to ₹2.90 crores in the same quarter previous year. Value-added products including assemblies, fittings, bellows, and skid assemblies now contribute 54.00% of total sales on a nine-month basis.

The company maintains a strong outlook supported by healthy order books, expanding global data center market opportunities, and increasing penetration in AI infrastructure applications.

Source: Aeroflex Industries Limited Q3 FY26 earnings conference call transcript