Aerpace Industries Ltd

Financial results

• Unaudited standalone and consolidated results for quarter ended June 30, 2026; Limited Review Reports issued.
• Audit Committee reviewed consolidated results; Board approved them.

Secretarial Auditor appointment

• Appointed M/s. Dipti Nagori & Associates as Secretarial Auditor for five years from FY 2026-27, subject to AGM.

Key disclosures

• Group comprises Aerpace Industries Limited and subsidiaries Aerpace Supercars Private Limited and Aerpace General Trading LLC.
• Single operating segment; Ind AS 108 not applicable.
• CWIP costs of Rs 0.45 crore capitalised for machinery.
• RSU expense of Rs 89.36 lakhs recognised.
• Independent auditor's limited review found no material misstatement.

Resolutions and outcomes

• Ordinary: Appoint Anand Manoj Shah as MD; promoter votes excluded; 92 in favour, 10 against.
• Ordinary: RPT with Aerpace Consultancy Private Limited approved; 26,32,762 in favour, 14,646 against; promoter votes excluded.
• Ordinary: RPT with Aerpace Robotics Private Limited approved; 26,37,762 in favour, 12,946 against; promoter votes excluded.
• Ordinary: RPT with Aerpace Supercars Private Limited approved; 26,42,762 in favour, 12,946 against; promoter votes excluded.
• Ordinary: RPT with Aerpace Consultancy Private Limited approved; 26,27,862 in favour, 19,546 against; promoter votes excluded.
• Ordinary: Appointment of Secretarial Auditors to fill casual vacancy; 6,88,08,623 in favour, 12,690 against.
• Special: Appointment of Anshu Shukla Pandey as Non-Executive Independent Director; promoter votes excluded; in favour 6,87,33,623; against 79,390.
• Special: Increase in borrowing powers under the Companies Act; in favour 6,87,95,864; against 22,206.
• Special: Issuance of warrants on a preferential basis; in favour 6,88,00,107; against 21,206.
• Notes: Promoter Group votes were excluded/treated as invalid for RPT resolutions.

Leadership appointments

• Anand M. Shah appointed Managing Director; previously Chief Financial Officer.
• Anshu Shukla Pandey appointed Non-Executive Independent Director.
• Rajnish Kumar joins Advisory Board; former SBI Chairman.
• Nikunj Kampani joins Advisory Board; 25 years in tech and energy.
• Strengthens governance and institutional framework to support long-term growth.

Resolutions via Postal Ballot

• Ordinary: Appoint Anand Shah as MD for 3 years (2026–2029) with remuneration up to ₹36 Lakh p.a.
• Ordinary: Material related party loan between Aerpace Supercars Private Limited and Aerpace Consultancy Private Limited up to ₹100 Cr at arm's length.
• Ordinary: Material related party transaction with Aerpace Robotics Private Limited; borrowings up to ₹100 Cr at arm's length.
• Ordinary: Material related party transaction with Aerpace Supercars Private Limited; aggregate up to ₹105 Cr at arm's length.
• Ordinary: Material related party transaction with Aerpace Consultancy Private Limited; aggregate up to ₹100 Cr at arm's length.
• Ordinary: Appoint Pravesh Palod & Associates as Secretarial Auditors to fill casual vacancy for FY2025-26; remuneration ₹1 Lakh.
• Special: Appoint Anshu Shukla Pandey as Non-Executive Independent Director for 5 years (10 Jul 2026–9 Jul 2031).
• Special: Increase borrowing power limit to ₹500 crore under Section 180(1)(c).
• Special: Preferential warrant issue up to 1.5 Cr Warrants at ₹32.55 to Promoter Group; 18-month exercise window.

Dematerialisation status

• Dematerialisation requests were processed and confirmed to depositories.
• Dematerialised securities have been listed on the stock exchanges.
• Physical certificates were mutilated and cancelled after verification; depository name substituted as registered owner.

Capital actions

• Approve issuance of up to 15,000,000 convertible warrants at ₹32.55 to NK Family Private Trust.
• Aggregate value ₹48.82 crore; preferential issue subject to regulatory and shareholder approvals.

Funding facility

• Avail up to ₹70 crore working-capital credit from Punjab National Bank.

Governance changes

• Appoint Anshu Shukla Pandey as Independent Director for five years from July 10, 2026.
• Reconstitute Board Committees due to new independent director.

Board advisors

• Appoint Nikunj Kampani and Rajnish Kumar as Board advisors effective July 10, 2026.

Shareholder approvals

• Seek shareholder approval via Postal Ballot under Section 110; electronic notice to members.
• Remote e-voting from 10 July to 8 August 2026.