Outcome of the Board meeting held on November 03, 2026.

November 03, 2026 Listing Department, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai -400001 Scrip Code: 534733 Dear Sir/Madam, Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulation, 2015) – Outcome of the Board Meeting held on November 03, 2026 Pursuant to Regulation 30 of the SEBI Listing Regulations, as amended, we wish to inform you that the Board of Directors of the Company, at its meeting held on November 03, 2026, inter alia, considered and approved the following matters: 1. Based on the recommendations of the Audit Committee and the Independent Directors, at their respective meetings held on November 03, 2026, the Board considered and approved the Scheme of Amalgamation between Aerpace Robotics Private Limited and the Company, pursuant to Sections 230 to 232 of the Companies Act, 2013 (“the Scheme”). The Scheme shall be subject to the receipt of requisite statutory and regulatory approvals, including the approval of the National Company Law Tribunal (NCLT) or such other competent authority, as may be applicable, and the approval of the respective shareholders and creditors of the companies involved in the Scheme. The Scheme shall be filed with the Stock Exchange in terms of provisions of Regulation 37(1) of SEBI Listing Regulations, as amended from time to time, in due course. The requisite details, as prescribed under Regulation 30 of the SEBI Listing Regulations read with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed herewith as Annexure I, respectively. 2. Grant of 5,00,000 (Five Lakhs) Restricted Stock Unit (“RSU”) to Mr. Prakash O. Gaur, Non-Executive Director of the Company under the Aerpace Industries Limited Restricted Stock Unit Plan 2024 (“Scheme”). The requisite details, as prescribed under Regulation 30 of the SEBI Listing Regulations read with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed herewith as Annexures II, respectively. 3. Allotment of 8,65,322 equity shares to the respective employees of the Company pursuant to the exercise of Restricted Stock Units (RSUs), in accordance with the terms and conditions of the applicable Scheme. Consequent to the aforesaid allotment, the paid-up equity share capital of the Company stands increased as follows: Sr. Particulars No. of Equity Amount (Rs.) No. shares 1. Existing paid-up Equity Share 15,38,57,982 15,38,57,982 Capital 2. Post Allotment paid-up Equity 15,47,23,304 15,47,23,304 Share capital The equity shares allotted as mentioned above shall rank pari-passu in all respect with existing equity shares of the Company. The meeting commenced at 3:15 P.M. and concluded at 4:15 P.M. The aforesaid information will also be available on the website of the Company i.e. www.aerpace.com. Kindly take the same on your record. Thank You, Yours faithfully, For Aerpace Industries Limited Anand Manoj Shah Managing Director & CFO DIN: 11709310 ANNEXURE I Disclosure of information pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 – Brief details of the Scheme of Merger Sr. Particulars Remarks 1 Name of the entity(ies) Particulars Net Worth as Total forming part of the on September Revenue from Scheme, details in brief 30, 2026 operations as such as, size, turnover (INR in Lakhs) on September etc. 30, 2026 (INR in Lakhs) Aerpace Industries Limited (‘AIL’ or 4,754.45 134.99 ‘Transferee Company’) Aerpace Robotics Private Limited (‘ARPL’ 4,295.83 - or ‘Transferor Company’) 2 Whether the The current transaction would fall within the provisions of transaction would fall related party transaction as per SEBI Listing Regulations. within related party transactions? If yes, This transaction between AIL & ARPL is done at arms-length. whether the same is done at arms-length 3 Area of business of the  AIL is engaged in the business of renewable energy and entity(ies) involved; / infrastructure. It has its registered office in Mumbai, Industry to which the Maharashtra and is listed on BSE Ltd (‘BSE’). entities belong  ARPL is engaged in business of designing, developing, selling and distributing drone and various types of robotic products and has its registered office in Mumbai, Maharashtra. Sr. Particulars Remarks 4 Rationale for The proposed amalgamation of Transferor Company with the amalgamation/ merger Transferee Company would result in the following benefits: /the Scheme  Simplification of group structure.  Integration of complementary technologies across manned and unmanned aerial platforms  Creation of a holistic, end-to-end aerial mobility ecosystem  Strengthening of capabilities in urban air mobility (UAM), logistics, surveillance, and defense applications This alignment positions the merged entity as a comprehensive player in next-generation aviation and mobility solutions. Additionally, pursuant to the proposed restructuring, the management of the respective companies foresee the following benefits to the companies and its shareholders: a) Simplification of group structure. b) Proposed restructuring will create enhanced value for shareholders and allow a focused strategy and specialization for sustained growth, which would be in the best interest of all the stakeholders and the persons connected with the aforesaid companies; c) Allow in creating the ability to achieve valuation based on respective risk-return profile and cash flows, attracting the right investors and thus enhancing flexibility in accessing capital; d) Economies of scale, greater integration, greater flexibility, most effective networking and greater market reach for the respective entities. e) Operational synergies to the amalgamated entities which can be put to the best advantage of the stakeholders. The arrangement will be value accretive through a realization of business synergies. Sr. Particulars Remarks f) Reduce managerial overlaps which are necessarily involved in running multiple entities. g) Elimination of duplication of administrative expenses and enabling cost savings. h) Carrying on and conducting the business more efficiently and advantageously, ensuring more productive and optimum utilization of various resources. i) Arrangement of businesses will provide several benefits including streamlining the structure by reducing the multiplicity of legal and regulatory compliances and rationalization of costs. 5 In case of cash No cash consideration. consideration – amount or otherwise 102 (One Hundred and Two) fully paid-up equity shares of share exchange ratio; face value of INR 1/- (Rupee One Only) each of the Transferee Company shall be issued and allotted for every 100 (One Hundred) fully paid-up equity shares of face value of INR 1/- (Rupee One Only) each held in the Transferor Company (“Share Exchange Ratio”) 6 Brief details of change Upon the Scheme becoming effective, Aerpace Industries in shareholding Limited will issue equity shares (in the Share Exchange Ratio pattern (if any) of listed as mentioned in point above) to the shareholders of Aerpace entity. Robotics Private Limited as on the record date. Annexure – II Disclosure of information pursuant to Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 - Brief details of the RSU Granted Sr. No. Particulars Details 1. Brief details of options 5,00,000 RSU granted to Mr. Prakash Gaur, Non- granted Executive Director of the Company under Aerpace Industries Limited Restricted Stock Unit Plan 2024 (“Scheme”) 2. Whether the scheme is in Yes terms of SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 3. Total number of shares Each RSU, when exercised, would be converted into covered by these opti [Showing first 8,000 characters — download PDF for full document]