Aeroflex Industries announces strategic expansion, preferential share issue

Aeroflex Industries announced its board approved strategic expansion plans and a preferential equity share issue. The company will expand facilities for liquid cooling skid manufacturing, install robotic welding lines, and establish an annealing plant for stainless steel braided hoses, aiming to automate processes and meet future demands. These projects require a total investment of ₹97.56 crore, funded by internal accruals of ₹42.56 crore and a preferential issue of ₹55.00 crore.

To fund these initiatives, Aeroflex Industries will issue 30,10,398 equity shares at an issue price of ₹182.70 per share (including premium) to non-promoters. The liquid cooling skid capacity will increase by 13,000 pieces per year by June 2026, from an existing capacity of 2,000 pieces, which is currently under trial production. The robotic welding lines and annealing plant are expected to be operational by December 2026.

An extra-ordinary general meeting is scheduled for Thursday, January 15, 2026, to seek shareholder approval for the equity share issuance. Key investors in the preferential issue include Mr. Ashish Rameshchandra Kacholia, M/s. Bengal Finance and Investment Private Limited, and Mr. Sanjay Babulal Surana.