1. Internal Auditor Re-appointment

The Board re-appointed M/s. D M Jain & Co., Chartered Accountants (FRN: 116723W) as Internal Auditor of the Company for the Financial Year 2026-27. The appointment was made pursuant to Section 138 of the Companies Act, 2013, based on the recommendation of the Audit Committee. The firm is based in Mumbai and Thane and is led by CA Dinesh Jain, B.Com. (Hons.), FCA, ACMA, who has over 28 years of professional experience.

2. Statutory Auditors Re-appointment

The Board approved the re-appointment of M/s. Shweta Jain & Co. LLP, Chartered Accountants (FRN: 127673W/W101149, Peer Review No: 025485) as Statutory Auditors for a second term of five consecutive financial years commencing from 2026-27. This reappointment is subject to approval by shareholders at the ensuing Annual General Meeting. The firm was established in 2006 and converted to an LLP in 2025, with headquarters in Mumbai and branches across India.

3. Cost Auditor Appointment

The Board appointed M/s. Rampurawala Mohammed A & Co., Cost Accountants (FRN: 003011) as Cost Auditor for the Financial Year 2026-27. The appointment was made under Section 148 of the Companies Act, 2013 and SEBI (LODR) Regulations, 2015, based on the recommendation of the Audit Committee. The firm has over 15 years of experience in cost and management accounting, particularly in pharmaceuticals, steel, and chemical sectors.

4. Employee Stock Option Grant

The Board approved the grant of 9,500 Employee Stock Options to eligible employees under the Aeroflex Industries Limited Employee Stock Options Plan 2024. Each option is entitled for conversion to one share of the Company at an exercise price of ₹180 per option. The grant was approved based on the recommendation of the Nomination Remuneration and Compensation Committee. Vested options must be exercised within one year from the date of vesting.

5. Senior Management Personnel Categorization

The Board categorized five employees as Senior Management Personnel pursuant to SEBI (LODR) Regulations, 2015 and the Companies Act, 2013, effective June 18, 2026:

  • Mr. Shah Alam promoted to General Manager - R&D - Engineering and Design (30+ years experience, B.E. Mechanical from Jamia Millia Islamia)
  • Mr. Anshul Gupta promoted to Vice President- Export Sales (23+ years experience, MIBM from Lucknow University)
  • Mr. Narender Bhakhri promoted to General Manager Procurement & Supply Chain (40+ years experience, B.Com from Lucknow University)
  • Mr. Akshay Sadashiv Parab promoted to Sr Manager - Sales and Marketing - Domestic (8+ years experience, B.E. Mechanical)
  • Mr. Prem Prakash Sharma promoted to General Manager Bellows (40+ years experience, B.Tech Mechanical from Janardhan Rajasthan University)

All disclosures were made in accordance with SEBI Circular reference no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, dated January 30, 2026, and no relationships exist between the appointed firms and the company's directors.