Aeroflex Industries Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 05, 2025
AEROFLEX · price
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Aeroflex Industries has issued the notice for its 31st AGM scheduled for Tuesday, August 5, 2025, at 11:00 a.m. via video conferencing. The record date for the final dividend has been fixed as July 29, 2025, with a proposed dividend of Rs. 0.30 (15%) per equity share of face value Rs. 2 for FY25, to be paid on or before September 3, 2025. Key special business items include the re-appointment of Mr. Parthasarathi Sarkar as Independent Director for a second 5-year term, re-appointment of Mr. Mustafa Kachwala as Whole-Time Director for 3 years, and alteration of the Main Object Clause of the MoA to expand into AI-enabled devices, smart sensors, and IT/IT services. The company is also seeking shareholder approval to appoint M/s. T.F. Khatri & Associates as Secretarial Auditors for five years and to permit material related party transactions with Aeroflex Enterprises Limited (formerly SAT Industries) up to Rs. 150 crore over three financial years. The register of members will remain closed from July 30 to August 5, 2025, and remote e-voting will run from August 2 (9:00 a.m.) to August 4, 2025 (5:00 p.m.).
Shareholders holding shares as of July 29, 2025 will be eligible for the proposed final dividend and the right to vote on resolutions including a significant business expansion into AI/smart technology and a large related-party transaction limit. The expansion of the object clause and large related-party limit may be governance points to watch, but routine re-appointments and the modest Rs. 0.30 dividend suggest limited immediate price-moving impact beyond the book-closure period from July 30 to August 5, 2025.