Date, Location, and Type of Meeting

The 34th AGM was held on Tuesday, August 25, 2026, at 11:00 a.m. at the registered office of the Company situated at E-260-261, Mewar Industrial Area, Madri, Udaipur – 313003. The meeting concluded at 11:28 a.m. It was an Annual General Meeting conducted physically.

Summary of Proposed Resolutions and Implications

The following resolutions were proposed and approved:

  • Ordinary Business:
  • Resolution 1: To receive, consider, and adopt the audited standalone and consolidated financial statements for the financial year ended March 31, 2026, together with the reports of the Board of Directors and auditors.
  • Resolution 2: To re-appoint Mr. Asad Daud (DIN: 02491539) as a director who retires by rotation.
  • Special Business:
  • Resolution 3: Approval of material related party transaction with Lion Houseware Private Limited.
  • Resolution 4: Approval of material related party transaction with Safe Polymer Private Limited.
  • Resolution 5: Approval of material related party transaction with Mr. Asad Daud, Director of the Company.
  • Resolution 6: Approval of material related party transaction with Mrs. Shehnaz D. Ali, a relative of a director.
  • Resolution 7: Modification of the objects of the preferential issue as stated in the EGM notice dated May 14, 2025, and alteration for utilization thereof.
  • Resolution 8: Appointment of Mr. Arpit Kalani (DIN: 09734386) as an Independent Director.
  • Resolution 9: Appointment of Mr. Tapan Tanmay Kothari (DIN: 11798942) as an Independent Director.

All resolutions were passed, implying adoption of financials, re-appointment of director, approval of related party transactions, modification of issue objects, and new director appointments.

Voting Process and Methods

  • Remote e-voting was provided through Central Depository Services (India) Limited (CDSL), commencing on Thursday, August 20, 2026, at 9:00 a.m. and ending on Monday, August 24, 2026, at 5:00 p.m.
  • Ballot papers were available at the meeting for members present in person or through proxy who had not cast votes via e-voting.
  • The scrutinizer, Mr. Ashok Modi, Proprietor of A Modi & Co., Chartered Accountants, was appointed to scrutinize both remote e-voting and ballot paper voting in a fair and transparent manner.

Key Voting Outcomes

  • All resolutions set out in the notice dated July 15, 2026, were declared to have been duly passed by the members with the requisite majority. Specific vote counts or percentages were not disclosed in the provided data.
  • Member participation: 43 members were present, comprising 2 from promoter and promoter group and 41 from the public category.

Scrutinizer's Role and Findings

Mr. Ashok Modi was responsible for scrutinizing the voting process. The ballot box was inspected, locked, and sealed in the presence of members before voting. The scrutinizer's report confirmed the voting results, and the consolidated results were declared after receipt of this report.

Compliance with Laws and Regulations

The AGM was conducted in compliance with the Companies Act, 2013, the Rules made thereunder, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The auditor's report and secretarial audit report had no qualifications, observations, comments, or other remarks.

Signatories and Roles

The disclosure was signed by Ms. Alka Premkumar Gupta, Company Secretary (Membership No.: A35442), on behalf of Aeroflex Neu Limited. She played a key role in conducting the meeting and ensuring regulatory compliance.

Additional Information

  • Directors and key managerial personnel present: Mr. Asad Daud (Director and Chairman), Mr. Hakim Sadiq Ali Tidiwala (Whole-time Director), Mr. Sanjay Suthar (Independent Director and Chairman of committees), and Ms. Alka Premkumar Gupta (Company Secretary).
  • Others in attendance: Mr. Manoj Jain (Partner, M/s. H. R. Jain & Co., Statutory Auditors) and Mr. Ashok Modi (Internal Auditor and Scrutinizer).
  • The proceedings are available on the company's website at www.aeroflexneu.com.