Penny stock below Rs 30 in focus as the company announces major business updates; Details inside!

Following the Board Meeting held on February 12, 2026, Aerpace Industries Limited has announced its transition from infrastructure development to structured operational activation. The company’s integrated facility in Pune is now fully functional, featuring completed administrative offices, commissioned utilities, and specialised production zones. This centralised base is equipped to handle the simultaneous demands of Solar manufacturing and Unmanned Aerial Vehicle (UAV) assembly, marking a pivotal shift toward active engineering and quality control.

In the renewable energy sector, the facility has successfully completed the mechanical and electrical installation of its solar panel manufacturing line. With the machinery fully configured, the company is moving into an operational stabilisation phase involving system calibration and trial production runs scheduled for the coming week. Commercial production is slated to begin once these validation cycles ensure that manufacturing precision meets strict certification standards, turning previous capital expenditure into a revenue-generating vertical.

The company is also making significant strides in its Defence UAV Program through strategic international procurement agreements. Aerpace has secured platforms for a Medium Altitude Long Endurance (MALE) fixed-wing UAV with an 80 kg payload capacity, alongside loitering munition technology. To build domestic technical depth, these platforms will be imported in Semi Knocked Down (SKD) format for assembly in India. This phased approach is designed to facilitate technical familiarisation and progressive indigenisation before transitioning to full-scale domestic manufacturing.

To support this industrial scaling, Aerpace has initiated a targeted recruitment drive for specialised roles, including avionics integration specialists and aerostructure technicians. The goal is to have a skilled workforce in place before March 2026, coinciding with the expected delivery and installation of dedicated drone production machinery. By prioritising technical validation and demonstration programs for Indian and UAE defence stakeholders, the company is positioning itself for long-term execution and localised research and development.

The company has a market cap of Rs 398 crore and a 3-year stock price CAGR of 165 per cent. On Monday, shares of Aerpace Industries Ltd plunged 1.03 per cent to Rs 25.86 per share from its previous closing of Rs 26.16 per share. The stock is up by 55 per cent from its 52-week low of Rs 16.70 per share and has given multibagger returns of over 1,760 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.