Outcome of Board Meeting held on 12th November 2025

Net loss reportedNegative operating cash flowRelated-party transactionsRevenue growth above 20%Results View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.8%Reaction day

₹20.35

prior close

₹19.70

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-1.7% vs market

Iron & Steel Products peers, median of 91sector+0.0%-1.8% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 1.8 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.8

10m

+1.5

15m

+1.0

30m

+1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.8-0.1-1.7+0.0-1.8

Next day

-0.7-0.2-0.6-0.3-0.4

-0.2+0.4-0.6-0.9+0.7

-1.8-0.4-1.4-1.7-0.1

-2.8-0.6-2.2-2.5-0.3

-7.4-0.9-6.5-2.7-4.7

-12.8-3.0-9.8-5.0-7.7

15d

-5.9-3.9-2.0-5.3-0.6

+17.9-4.8+22.8-5.6+23.5

+52.6-7.8+60.4-7.0+59.5

+28.6-7.2+35.8-10.3+38.8

UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 91Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Aerpace Industries (formerly Supremex Shine Steels) reported its Q2 and H1 FY26 (ended 30 Sep 2025) results through this board meeting. Standalone revenue from operations rose about 30% YoY to Rs. 101.17 lakhs for the half year, but the company swung to a much deeper loss, with H1 FY26 standalone loss after tax at Rs. 318.61 lakhs versus Rs. 63.71 lakhs in H1 FY25. Consolidated loss for H1 FY26 widened sharply to Rs. 737.11 lakhs. Operating cash flow was negative on both bases (standalone outflow of Rs. 366.54 lakhs; consolidated outflow of Rs. 270.25 lakhs). The board approved seeking shareholder approval via postal ballot for appointing two new directors, amending the ESOP and doubling the ESOP pool from 70 lakh to 1.45 crore options, and clearing material related party transactions up to Rs. 30 crores with group company Aerpace Robotics Pvt Ltd. During the quarter, the company took a Rs. 7.72 crore loan from Aerpace Robotics and capitalised Rs. 8.56 crore of machinery import costs as Capital Work-in-Progress.

Likely market impact

Widening losses, negative operating cash flow and reliance on related-party loans for capex raise concerns about near-term profitability. Shareholders are being asked to approve a large related-party transaction ceiling and a near-doubling of the ESOP pool, which adds dilution risk and could weigh on the stock.