Aeroflex Industries Board Approves Subsidiary Amalgamation

Aeroflex Industries Ltd's Board of Directors has in-principally approved the amalgamation of its wholly-owned subsidiary, Hyd-Air Engineering Private Limited, with the parent company. This move is pursuant to Section 233 of the Companies Act, 2013, and is subject to regulatory and other approvals. The appointed date for the amalgamation is set for April 1, 2026. Additionally, the Board approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The company also announced management changes, noting the completion of Mr. Mustafa Abid Kachwala's tenure as CFO and the re-designation of Ms. Drashti Bhil as the new CFO.