Aerpace Industries Approves Convertible Warrants Issuance

Aerpace Industries Limited has issued a revised disclosure regarding its Board Meeting held on July 09, 2026. The board approved the issuance of up to 1,50,00,000 Convertible Warrants to the promoter group for cash at Rs. 32.55 per warrant, aggregating Rs. 48,82,50,000. This preferential issue is subject to shareholder approval. Additionally, the board approved the appointment of Ms. Anshu Shukla Pandey as an Independent Director and Mr. Nikunj Pramodkumar Kampani and Mr. Rajnish Kumar as Advisors. The board also approved the reconstitution of committees and in-principle, a proposal to raise funds via debt.