The Board of Directors has approved the further acquisition of 7, 27,040 equity shares of Stilonn Valves and controls Private Limited.

October 15, 2026 ANL/Stock Exchanges/2026-27 To, To, The General Manager, The Listing Department. Department of Corporate Services, National Stock Exchange of India Limited BSE Limited, Exchange Plaza, C-1, Block G P.J. Towers, Dalal Street, Bandra Kurla Complex Mumbai – 400 001 Bandra (E), Mumbai – 400 051 Company Code No.: 543743 Trading Symbol: AERONEU Sub : Outcome of the Board Meeting held on Thursday, October 15, 2026 Ref : Disclosure under Regulation 30 of Securities and Exchange Board of India ('SEBI') (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Board of Directors of the Company, at its meeting held on October 15, 2026, has, inter alia, approved further acquisition of 7,27,040 equity shares of Stilonn Valves and Controls Private Limited ("Stilonn"), Company engaged in the business of manufacturing of precision engineering products in the high-growth AI Infra and Data Centre space along with critical pharmaceutical and healthcare sector, including valves, sanitary fittings and allied goods, for an aggregate consideration of ₹16,00,21,504/- (Rupees Sixteen Crore Twenty-One Thousand Five Hundred and Four Only). The acquisition shall be undertaken in one or more tranches through a combination of purchase of equity shares from the existing shareholders of Stilonn and subscription to additional equity shares proposed to be issued by Stilonn, pursuant to the execution of a Share Purchase Agreement, Share Subscription and Shareholders' Agreement and such other ancillary Transaction Documents as may be necessary. Consequent to the completion of the proposed acquisition, the Company's shareholding in Stilonn shall increase from 19.58% to 51.01% of its issued and paid-up equity share capital, thereby resulting in Stilonn becoming a Subsidiary of the Company. This acquisition forms part of the Company’s initiative in the AI Infra and Data Centre sector and establish an integrated platform for high-tech and critical engineering solutions. Further, the details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed as Annexure A. The meeting of the Board of Directors held today commenced at 03:30 p.m. and concluded at 04:15 p.m. Kindly take the same on your records. Thanking you, Yours faithfully, For Aeroflex Neu Limited Alka Premkumar Gupta Company Secretary Membership No: A35442 Encl: As above Annexure A Disclosure of information pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: Sr. No. Details of events that need to be Information about such events informed 1 Name of the target entity, details in brief Stilonn Valves and Controls Private Limited ("Stilonn") such as size, turnover etc. Turnover of Stilonn for FY 2025-26 is ₹1,621.93 Lakhs 2 Whether the acquisition would fall within Yes. The proposed acquisition would constitute a related related party transaction(s) and whether party transaction. the promoter/ promoter group/ group companies have any interest in the entity Except to the extent of the Company’s existing being acquired? If yes, nature of interest shareholding in Stilonn, none of the promoter/promoter and details thereof and whether the same group/group companies have any other interest in the is done at “arm’s length” transaction and the said transaction will be undertaken at arm’s length basis. 3 Industry to which the entity being Stilonn is engaged in the business manufacturing of acquired belongs precision engineering products in the high-growth AI Infra and Data Centre space along with critical pharmaceutical and healthcare sector. 4 Objects and impact of acquisition The acquisition is aligned with the Company's strategic (including but not limited to, disclosure of growth objectives and will enable it to benefit from the reasons for acquisition of target entity, if synergies and expand its business operations into the its business is outside the main line of manufacture, design and supply of high-precision business of the listed entity) industrial products, including butterfly valves, ball valves, check valves, sight glasses, unions and allied fittings catering to diverse industrial sectors. 5 Brief details of any governmental or Not Applicable regulatory approvals required for the acquisition 6 Indicative time period for completion of Within 60 days from the date of approval of the Board of the acquisition Directors, subject to completion of customary closing conditions. 7 Consideration - whether cash Cash consideration of ₹16,00,21,504/- (Rupees Sixteen consideration or share swap or any other Crore Twenty-One Thousand Five Hundred and Four form and details of the same only). 8 Cost of acquisition and/or the price at ₹220.10 (Rupees Two Hundred Twenty and Ten Paise which the shares are acquired Only) per share or ₹16,00,21,504/- (Rupees Sixteen Crore Twenty-One Thousand Five Hundred and Four only) in aggregate. 9 Percentage of shareholding / control Number of Shares to be Acquired: 7,27,040 Equity acquired and / or number of shares Shares. acquired Percentage Acquired: 31.43% of the issued and paid-up share capital. Consequent to the acquisition, the Company's shareholding in Stilonn shall increase from 19.58% to 51.01%, and Stilonn will become a subsidiary of the Company. 10 Brief background about the entity Line of Business: Manufacturing and supply of high- acquired in terms of products/line of precision stainless steel valves and fittings. business acquired, date of incorporation, history of last 3 years turnover, country in Key Products: Industrial Valves including butterfly which the acquired entity has presence valves, ball valves, check valves, sight glasses, unions and and any other significant information (in allied fittings and allied Fittings. brief); Date of Incorporation: September 25, 2013 Year wise Turnover (audited) is as follows: Financial Year Turnover (FY) (Lakhs) 2025-26 ₹1,621.93 2024-25 ₹819.40 2023-24 ₹610.48 Geographical Presence: India. Other Significant Information: None