Unimech aerospace and manufacturing Limited has announced the resignation of its Company Secretary and Compliance Officer, marking a significant change in the company's key management personnel.

Key Personnel Change

Mr. Akash Shetty has tendered his resignation from the position of Company Secretary and Compliance Officer, effective from the close of business hours on March 3, 2026. The resignation was submitted through a formal letter dated February 16, 2026, citing personal reasons for his departure.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was formally communicated to both the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) on February 17, 2026.

Whole-time Director Ramakrishna Kamojhal signed the official communication to the stock exchanges, ensuring compliance with all applicable SEBI regulations and circular requirements.

Succession Planning

Unimech Aerospace has confirmed that it is actively engaged in identifying and hiring a suitable candidate for the Company Secretary and Compliance Officer position. The company has committed to informing the stock exchanges once the vacancy is filled, ensuring continuity in regulatory compliance and corporate governance functions.

In his resignation letter, Shetty expressed gratitude to the Board of Directors and Group CFO for the opportunity to work with the organization, acknowledging the support and guidance received during his tenure. He specifically requested the company to complete all necessary formalities, including filing requisite e-forms with the Registrar of Companies and making appropriate disclosures to maintain regulatory compliance.

Unimech Aerospace and Manufacturing Limited has released its Q3FY26 financial results, showing a significant decline in operational performance. The company reported revenue of ₹337.2 million for Q3FY26, marking a 37% year-on-year decrease from ₹539.0 million in Q3FY25. The results were considered at the Board of Directors meeting held on February 12, 2026.

Financial Performance Analysis

The company's financial metrics showed substantial pressure across key parameters during the quarter. EBITDA margins compressed dramatically to 5% in Q3FY26 from 29% in the corresponding quarter of the previous year.

Nine-Month Performance Overview

For the nine months ended December 31, 2025, the company reported revenue of ₹1,586.9 million compared to ₹1,745.5 million in the corresponding period of FY25, representing a 9% decline. EBITDA for 9MFY26 stood at ₹398.8 million with margins at 25%, down from 37% in 9MFY25.

Strategic Developments and Order Book

Despite the challenging financial performance, Unimech Aerospace has strengthened its order book position. The company's order book stands at ₹2,098 million as of February 12, 2026, showing significant improvement from previous quarters. The company received nuclear business orders worth ₹680 million during the quarter, building a nuclear order pipeline of approximately ₹68 crore.

Corporate Actions and Subsidiary Formation

The Board of Directors approved the proposal to incorporate a subsidiary under the proposed name "Uniflux Renewables Private Limited" to pursue opportunities in renewable energy and allied areas. The company authorized officers to take necessary actions and make requisite filings for the incorporation.

International Expansion Initiative

The company has expanded its geographical footprint through a joint venture in Saudi Arabia. Unimech entered into a 51:49 joint venture with Kanoo Group to establish Kanoo-Unimech Joint Venture LLC, an advanced machining and remanufacturing facility at MODON, Dammam Industrial Area. This USD 30 million project targets upstream and downstream oil & gas, utilities, and mining sectors.

Earnings Conference Call

Following the board meeting, the company conducted an earnings conference call on February 13, 2026, at 11:00 AM IST to discuss Q3FY26 performance and business strategy with stakeholders. The company also released a comprehensive investor presentation covering its financial highlights, business expansion strategies, and growth initiatives.