Outcome of Board Meeting

AEL/BSE/NSE/2026-27 November 04, 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 – 400 001 Bandra (E), Mumbai – 400 051 Company Code No.: 511076 Trading Symbol: AEROENTER Dear Sir/ Madam, Subject: Outcome of the Board Meeting held on Wednesday, November 04, 2026 Pursuant to the provisions of Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR 2015), we wish to inform you that, the Board of Directors of the Company, at its meeting held today, i.e., Wednesday, November 04, 2026 inter alia considered and approved the following: A. Unaudited financial results for quarter and half year ended September 30, 2026: Approved the Un-audited Consolidated and Standalone Financial Results of the Company for the quarter and half year ended September 30, 2026, together with the Limited Review Reports issued by the Statutory Auditors of the Company thereon pursuant to the provisions of Regulation 33(3) of the SEBI LODR 2015. Copies of the Results and Reports are enclosed. B. Appointment of Mr. Fredrick Pinto as the Senior Management Personnel of the Company: Based on the recommendation of the Nomination Remuneration and Compensation Committee, the Board of Directors of the Company approved the appointment of Mr. Fredrick Pinto as Group Vice President – Legal and Compliance and his classification as Senior Management Personnel of the Company in terms of Regulation 16(1)(d) of the SEBI LODR 2015. The disclosure as required under Regulation 30 of the SEBI LODR 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure- A C. Approval for further Investment in Aeroflex Finance Private Limited, the wholly- owned subsidiary of the Company: The Board of Directors approved the further investment for an amount aggregating up to Rs. 25 crores (Rupees Twenty-five crores only) in Aeroflex Finance Private Limited (‘AFPL’), the wholly-owned subsidiary of the Company, by way of subscription to equity shares of AFPL, in one or more tranches. The disclosure as required under Regulation 30 of the SEBI LODR 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 shall be provided upon making of investment in one or more tranches. The meeting of the Board of Directors commenced at 03:30 p.m. and concluded at 5:37 p.m. Kindly take the same on your records. Thanking you, Yours faithfully, For Aeroflex Enterprises Limited Alka Gupta Company Secretary & Compliance Officer Mem No: A35442 Encl: As above Annexure A Disclosure as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sr Particulars Details 1 Reason for change viz. Appointment of Mr. Fredrick Pinto as Group appointment, re-appointment, Vice President – Legal and Compliance and resignation, removal, death or Senior Management Personnel of the Company. otherwise 2 Date of appointment/re- Date of appointment: November 04, 2026. appointment/cessation (as Term of appointment is not applicable since he applicable) & term of is in full-time employment with the Company. appointment/re-appointment 3 Brief profile (in case of Mr. Fredrick Pinto is a qualified Company appointment) Secretary, Cost Accountant and Law Graduate with close to 2 decades of post-qualification experience in compliance, secretarial and legal function. He was previously associated with Greaves Cotton Limited, where he held several roles, including Deputy Company Secretary of the flagship company for almost five years, and Company Secretary and Chief Compliance Officer of its NBFC business. Before his association with Greaves Cotton Limited, he worked in the NBFC sector for a decade, including with middle- and upper-layer NBFCs. His previous associations include DHFL, ASK Property Investment Advisors and Agriwise Finvest Limited. He has worked on various assignments including amalgamation and mergers, preferential issues, QIP Issuances, Market Linked Debenture issues, Masala Bond Issuances. 4 Disclosure of relationships Not applicable. between directors (in case of appointment of a director) 5 Information pursuant to BSE Not applicable. Circular with ref. no. LIST/COMP/14/2018-19 and NSE Circular NSE/CML/2018/24 (‘Circulars’) Ajay Paliwal & ComPanY CHARTERED ACCOUNTANTS INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF'INTERTM CONSOLIDATED FINANCIAL RESULTS TO THE BOARD OF DIRECTORS OF AEROFLEX ENTERPRISES LIMITED (formerly known as Sat Industries Limited) i. We have reviewecl the accompanying Statement of Consolidated Unaudited Financial Resr_rlts of AEROFLEX ENTERPzuSES LIMITED (formerly known as sat Industries Limited) (the "Parent") and its subsidiaries (the Parent and its subsidiaries together referrecl to as the "Group"), for the qilarter ended September 30,2026 and year to date from April 1,2026 to September 30, 2026 (the "statement"), being submitted by the parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended("the Listing Regulations")' 2. This Statement, which is the responsibility of the Parent's Management and approved by the parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "lnterim Financia-l Reporting" ('Ind AS 34"), prescribecl under Section 133 of the companies Act, 20 l3 read with relevalt rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on or-lr review' 3. We conclucted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 24lO "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issr-red by the Institute of Chartered Accountants of India (,,lCAI '). A review of interim financial information consists of making inquiries, primarily of parent's personnel responsible for financial and accounting matters, and applying analytical ancl other review procedures. A review is substantially less in scope than an audit conducteci in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtarn assurallce that we wor-r1c1 become aware of all significant matters that might be iclentified in an ar-rdit. Accordingly, we do not express al audit opinion' We also performed procedures in accordance with the circular issued by the StrBI under Regulation 33(S) oflhe SEBI (Listing Obligations and Disclosure Requirements) Regr-rlations, 2015, as amencled, to the extent applicable' 0294-2430466, 'E : 9a1a1-61477 @: caajayhpaliwal@gmail'com Ajay Paliwal & Company CHARTERED ACCOUNTANTS 4. The Statement includes the results of the following entities: Parent: Aeroflex Enterprises Limited (formerly known as Sat Industries Limited) Subsidiaries: (i) Aeroflex Neu Limited (formerly known as Sah Polymers Limited) - consolidated (ii) Aeroflex Industries Limited-consolidated (iii) M R Organisation Limited -Consolidated (up to 30l0412026) (ir) Aeroflex Finance Private Limited (u) Italica Global FZC, UAE 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 be1ow, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting princip [Showing first 8,000 characters — download PDF for full document]