Airfloa Rail Technology Ltd

Airfloa Rail Technology Limited has announced its 27th Annual General Meeting (AGM) will be held on Monday, September 28, 2026, at 11:30 AM IST. The meeting will be conducted via Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The company has commenced dispatching the AGM notice and the Annual Report for the financial year ended March 31, 2026, to its members. KFin Technologies Limited has been appointed to provide remote e-voting facilities. The cut-off date for voting eligibility is September 21, 2026, with remote e-voting available from September 25 to September 27, 2026. Key agenda items include the adoption of audited standalone and consolidated financial statements for FY26, and the re-appointment of Mr. V. Sathishkumar as a director. Additionally, the remuneration of the cost auditor for FY27 will be ratified.

Airfloa Rail Technology Limited has announced its 27th Annual General Meeting (AGM) will be held on Monday, September 28, 2026, at 11:30 AM via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The company is distributing the Notice convening the AGM and the Annual Report for the financial year 2025-26 electronically to its members. These documents, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, are also available on the company's website. The Annual Report details the company's performance, management discussion, board's report, and financial statements, highlighting its focus on integration, engineering capabilities, and expanding possibilities.

Airfloa Rail Technology Limited has announced its 27th Annual General Meeting (AGM) scheduled for September 28, 2026, at 11:30 AM via Video Conferencing. The company is distributing its Annual Report for the financial year 2025-26 and the AGM notice electronically to its members. Both documents are also available on the company's website, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report details the company's performance, management discussion, board's report, and financial statements, emphasizing growth, capability building, and integration in its business model.

Airfloa Rail Technology Ltd has announced that its 27th Annual General Meeting (AGM) will be held on Monday, September 28, 2026, at 11:30 AM IST. The meeting will be conducted entirely through video conferencing (VC) or other audio-visual means, in compliance with SEBI regulations and the Companies Act, 2013. The company has published newspaper advertisements in Trinity Mirror and Makkal Kural regarding the AGM. The Notice and Annual Report for FY 2025-26 will be sent electronically to members with registered email addresses. Members without registered emails will receive a separate letter with a web-link to the Annual Report. Remote e-voting and e-voting during the AGM will be facilitated.

Airfloa Rail Technology Ltd announced that its Board of Directors has approved entering into a Memorandum of Understanding (MOU) to form a Joint Venture (JV) with M/s Acme India Industries Limited. This JV aims for joint participation in tenders floated by Konkan Railway Corporation Limited. The company also approved an MOU with KIN RAILWAY EQUIPMENT PRIVATE LIMITED to explore acquiring KIN's business. Additionally, the Board decided to convene the 27th Annual General Meeting on September 28, 2026.

Airfloa Rail Technology Ltd announced on August 26, 2026, that it has secured a new order valued at ₹1.92 Crores from the Furnishing Division of Integral Coach Factory, Chennai. The order, received on August 25, 2026, is for the supply and installation of interior panelling and rubber floor covering for Kolkata Metro DTC coaches. The execution of this order is scheduled to be completed by November 30, 2026. This contract falls under domestic orders and is subject to Indian Railways' standard conditions of contract.

Airfloa Rail Technology Ltd has announced the receipt of new orders totaling ₹70.56 Lakhs from Modern Coach Factory (MCF) – Lalganj, Raebareli. The order is for the supply of LUGGAGE RACK MODULES FOR L2CC and is scheduled for completion by November 9, 2026. Payment terms include 95% against inspection and dispatch proof, with the remaining 5% after receipt and acceptance. This domestic order does not involve any interest from promoters or group companies and is considered an arm's length transaction.

Airfloa Rail Technology Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, detailing the utilization of funds raised through its Initial Public Offering (IPO). The report, prepared by Crisil Ratings Limited as the Monitoring Agency, confirms that the utilization of IPO proceeds is in line with the objects of the issue. The company's IPO was conducted from September 11 to September 15, 2025, with net proceeds of ₹8,884.80 lakhs. The report has been reviewed and taken on record by the Audit Committee and the Board of Directors.

Airfloa Rail Technology Ltd has filed its Statement of Deviation & Variation for the quarter ended June 30, 2026. The company confirms there have been no deviations or variations in the utilization of its Initial Public Offer (IPO) proceeds during the specified quarter. The statement, reviewed by the Audit Committee and taken on record by the Board, indicates that all utilization is in line with the disclosures made in the Offer Document. The IPO proceeds were allocated to repayment of loan, working capital, capital expenditure, and general corporate funds. As of June 30, 2026, a significant portion of the IPO proceeds remains unutilized and is held in the Monitoring Agency Account and Public Issue Account, with a small amount earned as interest.

Airfloa Rail Technology Ltd announced the formation of a new subsidiary focused on defence, aerospace, homeland security, and allied engineering activities. The company also submitted its outcome of the board meeting held on August 7, 2026. This included the statement of deviation or variation in the utilization of IPO proceeds for the quarter ended June 30, 2026, which was reviewed and approved by the Audit Committee and the Board. A Monitoring Agency Report for the same quarter was also noted and approved. The board meeting commenced at 11:30 AM and concluded at 1:00 PM.