AIA Engineering Limited — Important, 23-05-2025: General Updates

AIA Engineering announced a board meeting and approved the financial results for the quarter and year. They appointed Mr. Udayan Dileep Choksi as an additional independent director and engaged Tushar Vora & Associates as secretarial auditors for five years, subject to shareholder approval. The board proposed an 800% dividend (~₹16 per share). Standalone revenue was ₹3486 Cr with PAT of ₹1021.5 Cr; consolidated revenue was ₹4287 Cr with PAT of ₹1060 Cr. A subsidiary, Vega Middle East (UAE), was incorporated for trading. A ₹500 Cr share buyback was completed in Sept 2024.