Aeroflex Neu Ltd: EGM Approves Preferential Issue Object Modification

Aeroflex Neu Ltd announced that its shareholders, at the 34th Annual General Meeting held on August 25, 2026, approved a modification to the first object of the preferential issue, originally stated in the May 14, 2025, EGM notice. The revised object now includes investment in Data Centers, hotels, resorts, and other hospitality-related businesses, alongside the original scope of office complexes and IT parks. This change aims to align proceeds with emerging business opportunities and long-term growth objectives, potentially diversifying activities and enhancing shareholder value. Additionally, the AGM approved the appointment of Mr. Arpit Kalani and Mr. Tapan Tanmay Kothari as Non-Executive Independent Directors for a five-year term.