Aeroflex Enterprises EGM Set for January 27, 2026 to Approve MRO Divestment
Aeroflex Enterprises has issued formal notice for an EGM on January 27, 2026, seeking shareholder approval via special resolution for divesting its stake in material subsidiary M.R. Organisation Limited. The virtual meeting includes comprehensive e-voting procedures through CDSL platform, with the Board authorized to execute the divestment in tranches to maximize company benefits and deploy proceeds in emerging technology sectors.
*this image is generated using AI for illustrative purposes only.
Aeroflex Enterprises Limited has formally scheduled an Extraordinary General Meeting (EGM) for January 27, 2026, to seek shareholder approval for the divestment of its material subsidiary M.R. Organisation Limited (MRO). The company issued a detailed notice under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
EGM Schedule and Voting Details
The EGM will be conducted through Video Conferencing (VC) and Other Audio Visual Means (OAVM) at 11:00 A.M. IST, with the registered office serving as the deemed venue. The company has established a comprehensive timeline for the voting process and shareholder participation.
| EGM Parameter: | Details |
|---|---|
| Meeting Date: | January 27, 2026 at 11:00 A.M. IST |
| Cut-off Date: | January 20, 2026 |
| Remote E-voting Period: | January 23-26, 2026 (9:00 A.M. to 5:00 P.M.) |
| Meeting Mode: | Video Conferencing/OAVM |
| Notice Availability: | www.satgroup.in |
Special Resolution for MRO Divestment
Shareholders will vote on a special resolution authorizing the Board of Directors to undertake divestment of the company's stake in M.R. Organisation Limited. The resolution seeks approval for disposing the investment in one or more tranches on terms beneficial to the company, including consideration, manner, and mode of divestment.
The Board has been empowered to engage with prospective buyers, appoint consultants, valuers, and legal advisors for the transaction. The divestment requires compliance with Section 180(1) of the Companies Act, 2013, and Regulations 24 and 37A of SEBI LODR Regulations.
Regulatory Compliance and Voting Process
The company has appointed Dr. S.K. Jain (FCS:1473) of S.K. Jain & Co. as the Scrutinizer to oversee the voting process. Members holding shares as of the cut-off date January 20, 2026, are eligible to participate in remote e-voting through CDSL's platform.
| Compliance Details: | Information |
|---|---|
| Scrutinizer: | Dr. S.K. Jain (FCS:1473) |
| E-voting Platform: | CDSL ( www.evotingindia.com ) |
| Result Declaration: | Within 48 hours of EGM conclusion |
| Company Secretary: | Alka Premkumar Gupta (A35442) |
Strategic Business Rationale
According to the explanatory statement, the divestment aligns with the company's strategy to unlock value and maximize stakeholder wealth. The Board aims to deploy capital resources in prospective and profitable ventures, with proceeds potentially directed toward emerging sectors such as AI, Cloud computing, and Blockchain technologies.
The company operates in flexible flow solutions, flexible packaging, and engineering activities through its subsidiaries. M.R. Organisation Limited provides tech-based last-mile utility services for industrial customers, representing a material subsidiary requiring special resolution approval for any divestment that reduces shareholding below 50.00%.
Historical Stock Returns for Aeroflex Enterprises
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.43% | -9.40% | -0.35% | -21.02% | -17.94% | +33.90% |
16
