Statement of Deviation and Variation for the quarter ended September 30, 2026.

October 28, 2026 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 – 400001 Bandra (E), Mumbai – 400 051 Scrip Code: 543972 Trading Symbol: AEROFLEX Subject : Statement of Deviation or Variation in utilization of funds raised under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the Quarter ended September 30, 2026 Dear Sir/Madam, Pursuant to Regulation 32 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the enclosed Statement of Deviation or Variation in utilization of funds raised through Preferential Issue of Equity Shares by the Company for the Quarter ended September 30, 2026, in the prescribed format as Annexure A. We further inform you that the aforesaid statement has been reviewed by the Audit Committee and noted and taken on record by the Board of Directors of the Company. Kindly take the above information on your records. Thanking you. Yours faithfully, FOR AEROFLEX INDUSTRIES LIMITED Ruthu Parampogi Company Secretary & Compliance Officer M. No. A60982 Encl: As above Annexure A STATEMENT OF DEVIATION / VARIATION IN UTILISATION OF FUNDS RAISED Name of listed entity Aeroflex Industries Limited Mode of Fund Raising Issue and Allotment of Equity shares on Preferential Basis Date of Raising Funds February 03, 2026 (Date of Allotment) Amount Raised Rs. 54,99,99,714.60 Report filed for Quarter ended September 30, 2026 Monitoring Agency Not Applicable Monitoring Agency Name, if applicable Not Applicable Is there a Deviation / Variation in use of funds No Deviation/Variation raised If yes, whether the same is pursuant to change in Not Applicable terms of a contract or objects, which was approved by the shareholders If Yes, Date of shareholder Approval Not Applicable Explanation for the Deviation / Variation Not Applicable Comments of the Audit Committee after review No Comments Comments of the auditors, if any No Comments Objects for which funds have been raised and where there has been a deviation, in the following Table (Amount in Rs) Original Object Modifie Original Modified Funds Utilised Amount Rem d Allocation Allocatio of arks Object, n, if any Deviatio if if any n/Variat any ion for quarter accordin g to applicab le object Long-term working NA 41,52,49,783.60 Nil 41,52,49,783.60 Nil - capital General Corporate NA 12,02,49,931.00 Nil 12,02,49,931.00 Nil - Purpose Preferential Issue expenses a. Advisory Fees NA 1,41,60,000.00 Nil 1,41,60,000.00 Nil - b. Board NA 3,40,000.00 Nil 3,40,000.00 Nil - Meetings, Extra- Ordinary General Meetings and Miscellaneous expenses Total 54,99,99,714.60 54,99,99,714.60 The company has fully utilized its proceeds as on 30th September 2026. Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed or (c) Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc