BCEIE › News › AEROFLEX

Management change

Aeroflex Industries: 1. Noted the completion of tenure of Mr. Mustafa Abid Kachwala as Chief Financial Officer (CFO) of the…

Aeroflex Industries (AEROFLEX) filed a disclosure titled "1. The company is valued at about ₹6,514 crore.

BCEIE News Desk · Published 28 Oct 2026, 06:23 pm IST · Filing received 28 Oct 2026, 06:06 pm IST

What happened

Aeroflex Industries (AEROFLEX) filed a disclosure with the exchanges on 28 October 2026 at 06:06 PM titled "1. Noted the completion of tenure of Mr. Mustafa Abid Kachwala as Chief Financial Officer (CFO) of the Company. 2. Re-designation of Ms. Drashti Bhill as Chief Financial Officer…".

Company snapshot

Aeroflex Industries is a small-cap company in the Capital Goods sector, with a market value of about ₹6,514 crore.

The stock last traded at ₹492.3, against a 52-week range of ₹158–₹613.7 (19.8% below the high).

Before this filing the shares had moved −15.4% over the month and −0.1% over three months. Average daily turnover over the last 20 sessions was about ₹148 crore.

Promoters held 65.47% at the end of Q1 FY27. Foreign institutions owned 3.60% and domestic institutions 1.47%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY26847.20.55
Q2 FY2611114.21.1
Q3 FY2612116.51.28
Q4 FY2612617.61.36
Q1 FY2714518.81.42

What history shows

BCEIE's records show 7 previous management change filings from the company since May 2026.

After those filings, the stock gained 6.0% on average the next trading day and was up 3.2% on average after five days (4 filings with price data).

Across 236 similar disclosures by other Capital Goods companies, shares moved +0.2% on average the next day and +0.6% over five days; 50% of them rose the next day.

Market-wide, 4,004 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

Earlier filings of this kind
DateFilingNext day5 days
27 Jul 2026Appointment of M/s. Kailash Chand Jain & Co., Chartered Accountants,…+7.8%+10.9%
27 Jul 2026Appointment of M/s. Kailash Chand Jain & Co., Chartered Accountants,…+7.8%+10.9%
18 Jun 2026Change in Management+4.2%−4.6%

What to watch

  • The appointment of a successor and any change in strategy or guidance.
  • 28 October 2026: Board meeting — Financial Results.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

More on Aeroflex Industries Limited