Aeroflex Industries expands capacity, announces preferential share issue

Aeroflex Industries Limited announced on December 18, 2025, a strategic expansion of its manufacturing facilities, including the addition of liquid cooling skid production for data centers, robotic welding lines, and an annealing plant for stainless-steel braided hoses. The company aims to increase its liquid cooling skid capacity from 2,000 to 15,000 pieces per year by June 2026, while the robotic welding lines and annealing plant are expected to be operational by December 2026. This expansion, costing INR 97.56 Crores, will be financed through INR 42.56 Crores in internal accruals and INR 55.00 Crores from a preferential issue.

To fund this growth, Aeroflex Industries will issue 30,10,398 equity shares at an issue price of INR 182.70 per share. Key investors in this preferential allotment include Mr. Ashish Rameshchandra Kacholia, M/s. Bengal Finance and Investment Private Limited, Mr. Sanjay Babulal Surana, Mr. Vaibhav Jayantilal Shah (on behalf of R K Investments), M/s. Madhu Silica Private Limited, and Mr. Nareshkumar Mahasukhlal Mehta. An Extra-Ordinary General Meeting (EOGM) is scheduled for January 15, 2026, to consider and approve the preferential share issuance.