Aeroflex Industries changes CFO, re-designates Drashti Bhil from 28 Nov 2026

Management change
Industrial manufacturing

Blacklitt Research28 October 20262 min read

A black-and-white view of an old steelworks with blast furnaces, chimneys, smoke and industrial buildings against a mountain backdrop. — Emin Tarahija, via Wikimedia Commons (CC0). Illustrative image.

Aeroflex Industries (NSE: AEROFLEX) said in a filing on 28 Oct 2026 that the completion of Mustafa Abid Kachwala's tenure as Chief Financial Officer takes effect at the close of business on 27 Nov 2026, and that Drashti Bhil will be re-designated as CFO from 28 Nov 2026.

The CFO change in detail

Mustafa Abid Kachwala's tenure as Chief Financial Officer ends at the close of business hours on 27 Nov 2026. He will continue as Whole-time Director and Key Managerial Personnel of the company.

Drashti Bhil is re-designated as Chief Financial Officer and Key Managerial Personnel from 28 Nov 2026, for a term of three years to 27 Nov 2029. The Audit Committee and the Nomination, Remuneration and Compensation Committee recommended the change. She is a qualified Chartered Accountant, has over 10 years of experience in accounting, financial reporting, taxation, audit and treasury management, and has been with the company since August 2020. She oversees its finance and accounts function.

How it fits the company

The company's latest quarter, Q1 FY27 on a consolidated basis, reported total income of ₹145.97 crore and net profit of ₹18.79 crore. The same day's board meeting also approved, in principle, an amalgamation of its wholly owned subsidiary Hyd-Air Engineering Private Limited with the company, with an appointed date of 01 Apr 2026, subject to approvals. The company's 14 Oct 2026 capacity filing covered the same hose and liquid cooling divisions.

What the CFO change means for Aeroflex Industries' shareholders

The change moves the CFO role to a new holder while the outgoing CFO remains on the board as a whole-time director. The filing does not say why the tenure ends or who will take on the outgoing CFO's wider responsibilities, and it does not give the terms of Drashti Bhil's remuneration.

The next dated step is the end of Mr Kachwala's CFO tenure on 27 Nov 2026, with Ms Bhil's appointment starting the following day.

At a glance

Item	Detail
Outgoing CFO	Mustafa Abid Kachwala, tenure ends 27 Nov 2026
Continuing role	Whole-time Director and Key Managerial Personnel
Incoming CFO	Drashti Bhil, from 28 Nov 2026
Term	Three years, 28 Nov 2026 to 27 Nov 2029
Approved by	Board, on recommendation of Audit Committee and Nomination, Remuneration and Compensation Committee

Reference: Original filing (PDF)

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