Pursuant to Regulation 30 (read with Part A of Schedule III) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please be informed that the Board of Directors of Aeroflex Industries Limited (the 'Company') at its meeting held today i.e. Tuesday, April 02, 2024 has approved to acquire 100% of the issued and paid up share capital of Hyd- Air Engineering Private Limited ('Investee Company') from the existing Shareholders of the Investee Company.