Aeroflex Industries: No Deviation in Fund Utilization for Q1 FY27

Aeroflex Industries Ltd has submitted its Statement of Deviation or Variation in utilization of funds raised through a Preferential Issue of Equity Shares for the quarter ended June 30, 2026. The company reported no deviation or variation in the use of funds raised amounting to ₹54,99,99,714.60. The funds were raised on February 3, 2026, and the utilization report has been reviewed by the Audit Committee and taken on record by the Board of Directors. The utilized amount for the quarter was ₹43,85,87,557.00, primarily for long-term working capital and general corporate purposes.