Board Meeting28 Oct 2026, 07:10 pm
Aeroflex Industries Board Approves Un-audited Results & Merger Proposal
AI Summary
Aeroflex Industries Limited, a material subsidiary of Aeroflex Enterprises Ltd, announced key decisions from its Board Meeting held on October 28, 2026. The Board approved the un-audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, along with limited review reports from statutory auditors. Additionally, the Board in-principally approved the amalgamation of Hyd-Air Engineering Private Limited, a wholly-owned subsidiary, with Aeroflex Industries Limited. This amalgamation is subject to regulatory and other approvals, with an appointed date of April 01, 2026.
Key Highlights
- Aeroflex Industries approved Q2 FY27 un-audited financial results.
- Limited review reports for the results were received from auditors.
- In-principle approval granted for amalgamation of Hyd-Air Engineering.
- Amalgamation is with wholly-owned subsidiary Hyd-Air Engineering.
- Appointed date for amalgamation set as April 01, 2026.
Price Impact
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