Meeting Details

  • Date: Thursday, October 22, 2026
  • Time: 11:00 a.m. to 11:28 a.m.
  • Location: Registered office of the Company at E-260-261, Mewar Industrial Area, Madri, Udaipur – 313003
  • Type: Physical Extraordinary General Meeting

Proposed Resolutions and Implications

The EGM considered and approved four resolutions:

Special Business:

1. Approval for Alteration of object clause of the Memorandum of Association of the Company (Special Resolution)

2. Approval for modification of objects of utilisation of proceeds from preferential issue of warrants (Special Resolution)

Ordinary Business:

3. Approval of Material Related Party Transaction with Aeroflex Enterprises Limited (Ordinary Resolution)

4. Approval of Material Related Party Transaction with Aeroflex Finance Private Limited (Ordinary Resolution)

Voting Process and Methods

The Company provided two voting methods:

  • Remote e-voting: Facility provided through Central Depository Services (India) Limited (CDSL) as Service Provider
  • Voting period: Monday, October 19, 2026 at 9:00 a.m. to Wednesday, October 21, 2026 at 5:00 p.m.
  • Physical ballot voting: For members present at the meeting who had not cast votes through e-voting
  • Ballot box was inspected, locked, and sealed by the Scrutinizer in presence of members

Attendance and Participation

Directors and Key Managerial Personnel Present:

  • Mr. Hakim Sadiq Ali Tidiwala (Whole Time Director)
  • Mr. Sanjay Suthar (Independent Director & Chairman of Audit Committee, Nomination & Remuneration Committee and Stakeholders Relationship Committee)
  • Mr. Tapan Kothari (Independent Director)
  • Mr. Arpit Kalani (Independent Director)
  • Ms. Alka Premkumar Gupta (Company Secretary)

In Attendance:

  • Mr. Manoj Jain (M/s. H. R. Jain & Co., Statutory Auditors)
  • Mr. Ashok Modi (M/s. A. Modi & Co., Internal Auditor and Scrutinizer for the Meeting)

Member Attendance:

  • Promoter and Promoter Group: 2 members
  • Public: 40 members
  • Total: 42 members present

Voting Outcomes and Scrutinizer's Role

  • Mr. Ashok Modi, Proprietor of A Modi & Co., Chartered Accountants, was appointed as Scrutinizer
  • The Scrutinizer was responsible for scrutinizing both remote e-voting and physical ballot voting in a fair and transparent manner
  • Consolidated results of remote e-voting and physical voting were to be declared upon receipt of the Scrutinizer's Report
  • All resolutions were declared to have been duly passed by the Members with requisite majority after receipt of the Scrutinizer's Report

Compliance with Regulations

The meeting was conducted in compliance with:

  • Provisions of the Companies Act, 2013 and Rules made thereunder
  • Section 108 of the Companies Act, 2013 and Rules framed thereunder for remote e-voting
  • Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Results were to be submitted to Stock Exchanges (BSE and NSE) and uploaded on company website

Signatories and Company Information

  • Company Secretary: Ms. Alka Premkumar Gupta (M. No: A35442)
  • Company Code: 543743 (BSE)
  • Trading Symbol: AERONEU (NSE)

Additional Information

  • Mr. Hakim Sadiq Ali Tidiwala was elected by members present to preside as Chairman
  • The Notice convening the EGM was circulated electronically to members on September 29, 2026
  • The meeting concluded with a vote of thanks to the Chair at 11:28 a.m.