StockWatch
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Castings & Forgings
Management Change26 May 2026, 03:11 pm

AIA Engineering Re-appoints Bhadresh Shah as MD

AI Summary

AIA Engineering Ltd. has re-appointed Mr. Bhadresh K. Shah as Managing Director for a term of five years, effective from October 1, 2026, subject to shareholder approval. The Board of Directors approved this decision based on the recommendation of the Nomination and Remuneration Committee. Additionally, the board approved convening the 36th Annual General Meeting on September 15, 2026, and recommended a dividend of ₹16 (@800%) per equity share for FY 2025-26.

Key Highlights

  • Bhadresh K. Shah re-appointed as AIA Engineering's MD for 5 years, effective Oct 1, 2026.
  • 36th AGM scheduled for September 15, 2026, via video conferencing.
  • Dividend of ₹16 per share recommended for FY 2025-26, subject to shareholder approval.
  • Record date for dividend entitlement is set as September 5, 2026.
  • Audited Financial Results for year ended March 31, 2026 approved.