Aeroflex Board Approves Expansion, Raises ₹55 Cr via Preferential Issue
Aeroflex Industries Limited's Board of Directors, in a meeting held on December 18, 2025, approved significant expansion plans and a preferential issue. The company will expand its facilities for man...
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Why is Aeroflex Industries Limited in the news today?
Aeroflex Industries Limited (AEROFLEX) is in the news due to the company's board has approved significant expansion plans and a preferential issue, indicating growth and strategic investment, which is positive for the company.
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Aeroflex Board Approves Expansion, Raises ₹55 Cr via Preferential Issue
December 18, 2025, 02:43 PM
Aeroflex Industries Limited's Board of Directors, in a meeting held on December 18, 2025, approved significant expansion plans and a preferential issue.
The company will expand its facilities for manufacturing liquid cooling skids for Data Centers, with a proposed capacity addition of 13,000 pieces per year, aiming for completion by June 2026. Additionally, the board approved the installation of robotic welding lines and automatic welding stations for manufacturing stainless-steel hose assemblies, along with setting up an annealing plant for stainless-steel braided hoses. These automation upgrades are expected to be completed by December 2026.
The total investment for these expansions is ₹97.56 Crores, to be financed through internal accruals (₹42.56 Crores) and a preferential issue (₹55 Crores). This strategic move aims to meet future demands and enhance the company's value-added product portfolio.
Furthermore, the Board approved the issuance of 30,10,398 equity shares at an issue price of ₹182.70 per share via preferential issue to non-promoters. This issuance is subject to necessary regulatory and statutory approvals. To consider this preferential business, an Extra-Ordinary General Meeting (EOGM) is scheduled for January 15, 2026.
The meeting commenced at 5:00 p.m. and concluded at 5:55 p.m.
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