Management Change15 Sept 2026, 05:30 pm
AIA Engineering Re-appoints Bhadresh K. Shah as MD for 5 Years
AI Summary
AIA Engineering Ltd announced the re-appointment of Mr. Bhadresh Kantilal Shah as Managing Director for a term of five years, effective October 1, 2026, to September 30, 2031. The resolution was passed at the company's Thirty Sixth Annual General Meeting held on September 15, 2026. Mr. Shah, a B. Tech (Metallurgy) graduate from IIT Kanpur, brings over 55 years of experience in the manufacturing and design of high chrome castings for cement, thermal power, and mining industries. He is also the father of two Non-Executive & Non-Independent Directors, Mrs. Khushali S. Solanki and Mrs. Bhumika S. Shodhan.
Key Highlights
- Mr. Bhadresh K. Shah re-appointed as Managing Director for five years.
- Term effective from October 1, 2026, to September 30, 2031.
- Shareholders approved the re-appointment via special resolution at AGM.
- Mr. Shah has over 55 years of industry experience.
- Disclosure of relationship with two Non-Executive Directors.
Price Impact
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