Aerpace board approves ESOP expansion, director appointments

Aerpace Industries Limited's board of directors met on December 2, 2025, and approved several key proposals, which will now be presented to shareholders at an extra-ordinary general meeting (EOGM) scheduled for Wednesday, December 24, 2025. The EOGM, conducted via video conferencing, will seek consent for amendments to the Employees Stock Option Plan and an increase in the ESOP pool from 7,000,000 to 14,500,000 options.

Additionally, the board approved the appointment of Prakash Gaur as a non-executive director and Darshana Avadhoot Sawant as a non-executive independent director. The company also set material related party transaction limits with Aerpace Robotics Private Limited, not exceeding an aggregate of Rs. 30.00 crores.