Aeroflex Industries Completes ₹55 Crore Preferential Share Allotment to Non-Promoter Investors

2 min read     Updated on 03 Feb 2026, 07:00 PM
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Overview

Aeroflex Industries Limited completed a preferential allotment of 30,10,398 equity shares at ₹182.70 per share on February 03, 2026, raising ₹54,99,99,714.60 from six non-promoter investors. The allotment increased the company's paid-up capital from ₹25,86,40,740 to ₹26,46,61,536, with notable participation from Mr. Ashish Rameshchandra Kacholia and Bengal Finance and Investment Private Limited.

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*this image is generated using AI for illustrative purposes only.

Aeroflex Industries Limited has successfully completed a preferential allotment of equity shares, raising approximately ₹55 crore from non-promoter investors. The Board of Directors approved the allotment during their meeting held on February 03, 2026, marking a significant capital infusion for the company.

Share Allotment Details

The company allotted 30,10,398 fully paid-up equity shares with a face value of ₹2.00 each at an issue price of ₹182.70 per share. This pricing includes a premium of ₹180.70 per share, generating total proceeds of ₹54,99,99,714.60.

Parameter: Details
Total Shares Allotted: 30,10,398
Face Value per Share: ₹2.00
Issue Price per Share: ₹182.70
Premium per Share: ₹180.70
Total Amount Raised: ₹54,99,99,714.60

Investor Composition

The preferential issue attracted six non-promoter investors, with notable participation from established market participants:

Investor Name: Category Shares Allotted
Mr. Ashish Rameshchandra Kacholia: Non-Promoter 4,10,509
Bengal Finance and Investment Private Limited: Non-Promoter 4,10,509
Mr. Sanjay Babulal Surana: Non-Promoter 8,21,018
Mr. Vaibhav Jayantilal Shah (R K Investments): Non-Promoter 8,21,018
Madhu Silica Private Limited: Non-Promoter 2,73,672
Mr. Nareshkumar Mahasukhlal Mehta: Non-Promoter 2,73,672

Impact on Share Capital

The allotment has resulted in an expansion of the company's equity base, with the issued and paid-up capital increasing substantially:

Capital Structure: Before Allotment After Allotment
Number of Shares: 12,93,20,370 13,23,30,768
Capital Value: ₹25,86,40,740 ₹26,46,61,536

Shareholding Changes

The allotment has modified the shareholding pattern for participating investors. Mr. Ashish Rameshchandra Kacholia's holding increased from 25,98,080 shares (2.01%) to 30,08,589 shares (2.27%). Bengal Finance and Investment Private Limited's stake grew from 23,15,935 shares (1.79%) to 27,26,444 shares (2.06%). Four investors - Mr. Sanjay Babulal Surana, Mr. Vaibhav Jayantilal Shah, Madhu Silica Private Limited, and Mr. Nareshkumar Mahasukhlal Mehta - were new entrants with no prior shareholding.

Regulatory Compliance

The preferential issue was conducted in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and the Companies Act, 2013. The newly allotted shares rank pari passu with existing equity shares in all respects, including dividend payments and voting rights. The Board meeting commenced at 12:30 PM and concluded at 12:39 PM on February 03, 2026.

Historical Stock Returns for Aeroflex Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+7.31%+16.95%-6.00%-0.59%-21.55%+13.76%

Aeroflex Industries Completes Allotment of 8.20 Lakh Shares to Ashish Kacholia

1 min read     Updated on 29 Jan 2026, 05:59 PM
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Reviewed by
Jubin VScanX News Team
Overview

Aeroflex Industries has successfully allotted 8.20 lakh equity shares to prominent investor Ashish Kacholia and company on preferential basis. The allotment was approved during the board meeting held on February 03, 2026, and completed in full compliance with SEBI guidelines and stock exchange requirements.

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*this image is generated using AI for illustrative purposes only.

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:

Parameter: Details
Total Shares Allotted: 8.20 Lakh
Allotment Type: Preferential Basis
Allottee: Ashish Kacholia and Company
Approval Status: Board Approved
Regulatory Compliance: SEBI Guidelines Followed

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.

Historical Stock Returns for Aeroflex Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+7.31%+16.95%-6.00%-0.59%-21.55%+13.76%

More News on Aeroflex Industries

1 Year Returns:-21.55%