Aerpace Industries MD, chairman, board of directors and AGM
BSE: 534733Industrial ProductsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹35.27.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹553 Cr1,993rd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 19 Oct 2026
- 13.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 19 Oct 2026
- −47.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 19 Oct 2026
- −21.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026. The filing of 19 Oct 2026
- 1.22
- Volume, BSEVolume. Shares traded on the last trading day.
- 2,76,205
Aerpace Industries board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonPrem Singh Rawat
- Managing directorAnand Manoj Shah
- Company Secretary and Compliance OfficerPrachi Parag Kela
7 directors1 independent2 executive4 non-executive
- Milan Bhupendra ShahNon-executive · joined Mar 2022 · 1 listed board · 1 as independent · 2 committee seats
- Prem Singh Rawat · ChairpersonNon-executive · joined Sep 2023 · 1 listed board · 1 committee seat, 1 as chair
- Ravi Cheddilal SoniExecutive · joined May 2024 · 1 listed board
- Sanjay Ram TakaleNon-executive · joined May 2022 · 1 listed board
- Akanksha Sunny BilaneyIndependent · joined Mar 2022 · 51 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Prakash GaurNon-executive · joined Sep 2025 · 1 listed board
- Anand Manoj Shah · Managing directorExecutive · joined May 2026 · 1 listed board
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- Virendra Singh Verma, left 9 Jun 2026: Others
- Darshana Avadhoot Sawant, left 14 Apr 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 11 May 20266 of 6 present2 independent · 87 days in between
- 12 Feb 20267 of 7 present3 independent
Audit Committee
Chair Akanksha Sunny Bilaney
Milan Bhupendra Shah
- 11 May 20263 of 3 present2 independent · 87 days in between
- 12 Feb 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Akanksha Sunny Bilaney
Prem Singh Rawat
- 11 May 20263 of 3 present2 independent · 179 days in between
- 12 Nov 20253 of 3 present2 independent
Stakeholders Relationship Committee
Chair Prem Singh Rawat
Akanksha Sunny Bilaney, Milan Bhupendra Shah
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Ramanand & AssociatesPeer-review certificate valid to Mar 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Aerpace Industries AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Aerpace Industries share news and announcements
Annual general meeting, 30 Sep 2026
20,779 shareholders on the register on 23 Sep 2026; present: 2 promoters and 38 others; votes counted by Pravesh Palod / Pravesh Palod & Associates.The company's voting result (opens in a new tab)
- Adoption of Financial Statement (Standalone & Consolidated) for the year ended March 31, 2026Ordinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 3.01%
Turnout: all 43.57% · promoters 95.87% · institutions 0.00% · other public 1.04%
- Re-Appointment of Mr. Sanjay Ram Takale (DIN: 07111445) who retires by rotation and being eligible, offer himself for re-appointmentOrdinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 3.03%
Turnout: all 43.57% · promoters 95.87% · institutions 0.00% · other public 1.04%
- Re-Appointment of Mr. Prem Singh Rawat (DIN: 01423453) who retires by rotation and being eligible, offer himself for re-appointmentOrdinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 3.02%
Turnout: all 43.57% · promoters 95.87% · institutions 0.00% · other public 1.04%
- Appointment of M/s. Dipti Nagori & Associates (Peer Review Firm Registration Number: 1902/2022), Practicing Company Secretaries as a Secretarial Auditor of the CompanyOrdinary99.96% for0.04% against
Against: promoters 0.00% · institutions 0.00% · other public 3.02%
Turnout: all 43.57% · promoters 95.87% · institutions 0.00% · other public 1.04%
- Approval for payment of remuneration to Mr. Prem Singh Rawat (DIN: 01423453), Non-Executive Director of the CompanySpecial99.94% for0.06% against
Against: promoters 0.00% · institutions 0.00% · other public 4.73%
Turnout: all 43.57% · promoters 95.87% · institutions 0.00% · other public 1.04%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 8 Aug 2026, 9 resolutions
20,870 shareholders on the register on 3 Jul 2026; votes counted by Pravesh Palod / Pravesh Palod & Associates.The company's voting result (opens in a new tab)
- Appointment of Mr. Anand Manoj Shah (DIN: 11709310) as Managing Director of the CompanyOrdinaryPromoters have an interest in it99.90% for0.10% against
Against: promoters 0.00% · institutions 0.00% · other public 0.10%
Turnout: all 1.73% · promoters 0.00% · institutions 0.00% · other public 3.15%
- Approval of material related party transaction(s) entered into by the subsidiary company with Aerpace Consultancy Private LimitedOrdinaryPromoters have an interest in it99.45% for0.55% against
Against: promoters 0.00% · institutions 0.00% · other public 0.55%
Turnout: all 1.72% · promoters 0.00% · institutions 0.00% · other public 3.14%
- Approval for material related party transaction(s) between the Company and Aerpace Robotics Private LimitedOrdinaryPromoters have an interest in it99.51% for0.49% against
Against: promoters 0.00% · institutions 0.00% · other public 0.49%
Turnout: all 1.72% · promoters 0.00% · institutions 0.00% · other public 3.15%
- Approval for material related party transaction(s) between the Company and Aerpace Supercars Private LimitedOrdinaryPromoters have an interest in it99.51% for0.49% against
Against: promoters 0.00% · institutions 0.00% · other public 0.49%
Turnout: all 1.73% · promoters 0.00% · institutions 0.00% · other public 3.15%
- Approval for material related party transaction(s) between the Company and Aerpace Consultancy Private LimitedOrdinaryPromoters have an interest in it99.26% for0.74% against
Against: promoters 0.00% · institutions 0.00% · other public 0.74%
Turnout: all 1.72% · promoters 0.00% · institutions 0.00% · other public 3.14%
- Appointment of Secretarial Auditors to fill up the casual vacancyOrdinary99.98% for0.02% against
Against: promoters 0.00% · institutions 0.00% · other public 0.48%
Turnout: all 44.74% · promoters 95.06% · institutions 0.00% · other public 3.15%
- Appointment of Ms. Anshu Shukla Pandey (DIN: 11809932) as a Non-Executive Independent Director of the CompanySpecial99.88% for0.12% against
Against: promoters 0.00% · institutions 0.00% · other public 3.00%
Turnout: all 44.73% · promoters 95.06% · institutions 0.00% · other public 3.14%
- Increase in borrowing powers of the Company under section 180(1)(c) of the Companies Act, 2013Special99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.84%
Turnout: all 44.73% · promoters 95.06% · institutions 0.00% · other public 3.15%
- Issuance of warrants on a preferential basisSpecialPromoters have an interest in it99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.80%
Turnout: all 44.74% · promoters 95.06% · institutions 0.00% · other public 3.15%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Sep 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Preferential IssuesSep 2026 | 12.21 | – | – | No |