Skyways Air Services Appoints New CEO, Declares Interim Dividend
Skyways Air Services Ltd announced significant management changes and corporate actions following its Board of Directors meeting on September 17, 2026. Mr. Yashpal Sharma has been appointed as the Chief Executive Officer (CEO), in addition to his existing roles as Chairman and Managing Director, effective September 17, 2026. Ms. Akshita Sehgal has been promoted from Senior Manager to Assistant General Manager, effective September 18, 2026. The company also declared its first interim dividend of INR 0.25 per equity share for FY2026-27, with October 9, 2026, set as the record date. Furthermore, Skyways Air Services plans to establish overseas offices/subsidiaries/joint ventures in China, Malaysia, Indonesia, Singapore, and the Philippines, with an investment not exceeding INR 30 Crore. An additional INR 20 Crore will be infused into existing overseas subsidiaries. The company also reported its Un-Audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026.
Key Highlights
- Mr. Yashpal Sharma appointed CEO, effective Sept 17, 2026.
- First interim dividend of INR 0.25 per share declared for FY26-27.
- Plans to set up overseas offices/subsidiaries in five Asian countries.
- Total investment planned for overseas expansion up to INR 30 Cr.
- Unaudited financial results for Q1 FY27 declared.
Price Impact
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