Azad Engineering Ltd

Azad Engineering Ltd has announced that its Board of Directors will convene on November 6, 2026. The primary agenda item is to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Additionally, the company confirmed that the trading window for securities, which closed on October 1, 2026, will remain shut until 48 hours after the financial results announcement, extending up to November 8, 2026.

Azad Engineering Limited has been appointed as a long-term source by Bharat Heavy Electricals Limited (BHEL) and awarded a two-year contract for supplying critical stationary and rotating airfoils (blades) for heavy-duty gas turbines. The estimated value of this contract is approximately ₹52.68 crore. This award is significant as it supports BHEL's indigenisation efforts and marks an important step for Azad Engineering in India's domestic power generation equipment ecosystem. The company had previously executed a similar rate contract in May 2023, which was not deemed material at the time. Considering the combined value and duration, the arrangement is now considered material and is being disclosed.

Azad Engineering Ltd announced that its members, at the Annual General Meeting (AGM) held on September 29, 2026, approved the re-appointment of key management personnel. Mr. Rakesh Chopdar has been re-appointed as Whole-Time Director, Executive Chairman, and Chief Executive Officer for a term of five years effective September 13, 2026. Mrs. Jyoti Chopdar has been re-appointed as Whole-Time Director for a five-year term from September 13, 2026. Mr. Vishnu Malpani has also been re-appointed as Whole-Time Director for a five-year term commencing September 13, 2026. The filing details the resolutions passed and provides brief profiles and relationship disclosures for the re-appointed directors.

Azad Engineering Ltd held its 43rd Annual General Meeting (AGM) on September 29, 2026, conducted via Video Conferencing/Other Audio Visual Means. The meeting, which commenced at 2:30 PM IST and concluded at 3:38 PM IST, successfully transacted all businesses outlined in the notice. All six resolutions presented at the AGM were passed with the requisite majority. This includes the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, and the re-appointment of a director. The company submitted the voting results and the scrutinizer's report as per SEBI Listing Regulations.

Azad Engineering Ltd has announced the closure of its trading window for designated and connected persons. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will remain shut from October 1, 2026, until 48 hours after the declaration of the unaudited standalone and consolidated financial results for the quarter and half-year ending September 30, 2026. The specific date for the Board of Directors' meeting to approve these financial results will be communicated later.

Azad Engineering Limited has inaugurated two exclusive lean manufacturing facilities for GE Vernova's Gas Power business at its Hyderabad facility. These new facilities, each spanning 7,600 sq. m, are dedicated to manufacturing highly engineered rotating and stationary airfoils and specialized machined parts. This expansion increases Azad Engineering's dedicated facilities for GE Vernova to three, enhancing its capacity to meet global demand in the power generation and essential industries.

Azad Engineering Ltd is sending letters to shareholders who have not registered their email addresses, providing a weblink to access the Notice of the 43rd Annual General Meeting and the Annual Report for the financial year 2025-26. The AGM is scheduled for September 29, 2026. This action complies with SEBI (LODR) Regulations 2015, ensuring all shareholders receive necessary information. Shareholders are advised to update their email addresses with their respective Depository Participants.

Azad Engineering Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26 to the BSE and NSE. The report details the company's operations, including its primary business activities in manufacturing for the energy (79.71% of turnover) and aerospace & defence (17.15%) sectors. Key products include Airfoil/Blades (69.35% of turnover) and Non-airfoil components (29.29%). The company operates 6 plants nationally and serves 10 states and 12 countries, with exports contributing 93% of its total turnover. The report also outlines employee statistics, with a total of 533 employees and 2315 workers as of March 31, 2026, and details its subsidiaries, Azad VTC Private Limited and Azad Prime Private Limited.

Azad Engineering Limited has issued a notice for its 43rd Annual General Meeting (AGM) to be held on September 29, 2026, at 2:30 PM IST. The meeting will be conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). Shareholders will have the facility to vote electronically. The e-voting period starts on September 26, 2026, at 9:00 AM IST and ends on September 28, 2026, at 5:00 PM IST. The cut-off date for e-voting eligibility is September 18, 2026. The AGM agenda includes adopting the Audited Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026, re-appointing Mr. Rakesh Chopdar as a director, and approving an increase in his remuneration as Whole-Time Director, Chairman, and CEO.

Azad Engineering Ltd has announced its 43rd Annual General Meeting (AGM) will be held on Tuesday, September 29, 2026, at 2:30 PM IST. The meeting will be conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM) in compliance with MCA and SEBI circulars. The Annual Report for the financial year 2025-26, along with the notice convening the AGM, is being sent to members electronically. For members whose email addresses are not registered, a web-link to the Annual Report on the company's website (https://www.azad.in/annual-report/) will be provided. The report details the company's journey and achievements, including the significant milestone of delivering an engine in 2026.