Aerpace Industries Limited has provided clarification to BSE regarding recent price movements in its equity shares, attributing the fluctuations to information already disclosed to stock exchanges and available in the public domain. The clarification was issued in response to BSE's inquiry under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Corporate Developments Cited

The company identified two significant announcements that may have influenced recent share price movements:

Strategic Partnership with Andhra Pradesh

Aerpace Industries also highlighted its Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) as another factor potentially impacting investor sentiment. This agreement marks the company's participation in the state government's initiative to develop India's First Drone City in the Kurnool region.

Regulatory Compliance and Market Dynamics

The company emphasized that both announcements were promptly disclosed to BSE in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015, immediately upon occurrence of the respective events. Aerpace Industries confirmed that apart from these disclosed developments, there is no other material information or impending announcement requiring disclosure that may impact the price or volume behavior of the company's securities.

Company's Position on Price Movement

Aerpace Industries clarified that the movement in equity share prices is entirely market-driven and based on investor perception of publicly available information. The company stated it has no role in influencing or controlling such price movements, maintaining transparency regarding its position on recent market activity.

The clarification was signed by Neha Mankame, Company Secretary and Compliance Officer, reaffirming the company's commitment to regulatory compliance and transparent communication with stakeholders. The company operates from its registered office at Kanakia Wall Street, Andheri East, Mumbai, Maharashtra.

Aerpace Industries Limited shareholders have overwhelmingly approved all proposed resolutions at the company's Extraordinary General Meeting (EOGM). The voting results demonstrate strong shareholder support for the company's strategic initiatives, including board appointments and employee stock option plan expansion.

Financial Performance Context

The EOGM follows the company's recent financial results showing widening losses:

The company's half-yearly loss has nearly tripled compared to the same period last year.

EOGM Voting Results

Shareholders approved all five resolutions with substantial majorities through remote e-voting:

Board Appointments Approved

ESOP Expansion Resolutions

Related Party Transaction Approval

Shareholders approved material related party transaction limits with Aerpace Robotics Private Limited, receiving 51,68,551 votes in favour (99.52%) against 24,739 votes (0.48%).

Strategic Developments

The approved resolutions enable several key corporate actions:

Board Strengthening: The appointment of Mr. Prakash Gaur as Non-Executive Director and Ms. Darshana Avadhoot Sawant as Non-Executive Independent Director will enhance board governance and expertise.

Employee Incentives: The ESOP pool expansion from 70 lakh to 1.45 crore options significantly increases the company's ability to attract and retain talent through equity participation.

Related Party Framework: Approval for transaction limits up to ₹30 crores with Aerpace Robotics Private Limited provides operational flexibility for business requirements.

Recent Capital Investments

During the recent quarter, Aerpace Industries availed a loan of ₹7.72 crores from Aerpace Robotics Private Limited for capital expenditure requirements. The company invested ₹8.56 crores in importing and setting up machinery during the half-year, which has been capitalized under Capital Work-in-Progress.

Consolidated Performance

On a consolidated basis, including results from subsidiary Aerpace Supercars Private Limited, the company reported a loss of ₹521.53 lakhs for the half-year ended September 30, 2025. The voting results and scrutinizer report are available on the company's website at www.aerpace.com .