Date: October 14, 2026

Board Meeting Outcomes

The Board of Directors of Aeroflex Industries Limited met on October 14, 2026 (10:30 AM to 11:04 AM) and made the following decisions regarding capacity enhancements and expansion plans:

Capacity Enhancement Status

SS Hose & Braiding Division:

  • Successfully completed capacity enhancement to 20 million meters per annum
  • Current capacity utilization: 70% (as of quarter ended June 30, 2026)

Liquid Cooling SFN Skid Assemblies Division:

  • Successfully completed capacity enhancement to 12,000 pieces per annum
  • Remaining 3,000 pieces capacity (to reach 15,000 pieces total) expected by December 2026
  • Current capacity utilization: 69% (as of quarter ended June 30, 2026)

Approved Expansion Plans

SS Hose & Braiding Division Expansion:

  • Capacity enhancement from 20 million to 30 million meters per annum (10 million meters increase)
  • Setting up new State of the Art Assemblies Plant to convert 70%-75% of hoses and braids into assemblies
  • Estimated investment: ₹124 crores
  • Expected completion: Phased manner by March 2028

Liquid Cooling SFN Skid Assemblies Division Expansion:

  • Capacity enhancement from 15,000 to 30,000 pieces per annum (15,000 pieces increase)
  • Setting up additional facility
  • Estimated investment: ₹78 crores
  • Expected completion: Phased manner by March 2028

Financial Arrangements

  • Total aggregate investment: ₹202 crores
  • Financing mode: Internal Accruals, Equity and Bridge Loan Financing

Rationale

Both expansion projects are intended "To meet the future demands" as stated in the regulatory disclosure.