News Orders & Deals Aeroflex Enterprises Shareholders Approve Disinvestment of Material Subsidiary StakeAeroflex Enterprises Shareholders Approve Disinvestment of Material Subsidiary Stake
Aeroflex Enterprises Limited held an Extra-Ordinary General Meeting on January 27, 2026, where shareholders unanimously approved the disinvestment of the company's stake in material subsidiary M.R. Organisation Limited. The special resolution received 7,31,64,244 votes in favor against only 106 opposing votes, with 64.70% shareholder participation through e-voting and video conferencing.
*this image is generated using AI for illustrative purposes only.
Aeroflex Enterprises Limited successfully concluded its Extra-Ordinary General Meeting on January 27, 2026, securing unanimous shareholder approval for a critical corporate restructuring initiative. The meeting, conducted through video conferencing in compliance with regulatory guidelines, focused on a single special resolution regarding the disinvestment of the company's stake in its material subsidiary.
Meeting Overview and Participation
The EOGM was held at 11:00 a.m. IST through Video Conferencing/Other Audio-Visual Means, with participation from 48 shareholders. The meeting concluded at 11:21 a.m., followed by the closure of e-voting at 11:36 a.m.
| Parameter: | Details |
|---|---|
| Meeting Date: | January 27, 2026 |
| Cut-off Date: | January 20, 2026 |
| Total Shareholders (Cut-off): | 37,289 |
| Promoter Group Attendance: | 2 |
| Public Attendance: | 46 |
| E-voting Platform: | Central Depository Services (India) Limited (CDSL) |
Voting Results on Subsidiary Disinvestment
The special resolution concerning the disinvestment of the company's stake in M.R. Organisation Limited (MRO) received overwhelming support across all shareholder categories. The voting demonstrated strong confidence in the proposed corporate action.
| Category: | Shares Held | Votes Polled | Polling % | Votes in Favor | Votes Against | Approval % |
|---|---|---|---|---|---|---|
| Promoter Group: | 5,83,35,000 | 5,83,35,000 | 100% | 5,83,35,000 | 0 | 100% |
| Public Institutions: | 7,70,558 | 38,343 | 4.98% | 38,343 | 0 | 100% |
| Public Non-Institutions: | 5,39,79,442 | 1,47,91,007 | 27.40% | 1,47,90,901 | 106 | 100% |
| Total: | 11,30,85,000 | 7,31,64,350 | 64.70% | 7,31,64,244 | 106 | 100% |
E-voting Process and Compliance
The company implemented a comprehensive e-voting mechanism to ensure maximum shareholder participation. Remote e-voting was available from January 23, 2026, at 09:00 a.m. IST until January 26, 2026, at 05:00 p.m. IST. Additionally, e-voting during the meeting provided further opportunities for shareholder participation.
Dr. S.K. Jain, Practicing Company Secretary, served as the appointed Scrutinizer for the voting process. The scrutinizer's report confirmed that 61 members cast votes through remote e-voting, while 8 members voted during the meeting. The voting process was conducted in full compliance with Section 108 of the Companies Act, 2013, and SEBI regulations.
Notice Distribution and Communication
The company ensured wide dissemination of meeting information through multiple channels. Notice of the EOGM was sent via email to 36,399 shareholders on January 05, 2026, with 34,747 emails successfully delivered and 1,652 bounced back. The notice was also published in The Free Press Journal (English) and Navshakti (Marathi) newspapers on January 07, 2026.
Resolution Outcome
The special resolution for the disinvestment of the company's stake in M.R. Organisation Limited was passed with the requisite majority. The unanimous approval across all voting categories demonstrates strong shareholder confidence in the proposed disinvestment strategy. This corporate action represents a significant step in the company's strategic restructuring of its subsidiary holdings.
Historical Stock Returns for Aeroflex Enterprises
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.04% | +2.92% | -9.07% | -21.69% | -25.16% | +34.02% |
17
