AIA Engineering Limited — Others, 23-05-2025: Appointment

AIA Engineering Limited has announced a board meeting outcome approving the financial results for the quarter and half-year ended March 31, 2025. The Board appointed Mr. Udayan Dileep Choksi as an Independent Director and named Tushar Vora & Associates as Secretarial Auditor, both subject to shareholder approval. An 800% dividend (₹16 per share of ₹2 face value) is proposed, also pending approval. Standalone profit before tax was ₹1320.46 Cr with net profit of ₹1021.51 Cr; consolidated profit before tax was ₹1368.43 Cr and net profit ₹1060.07 Cr. Operations focus on high chrome mill internals, with a new UAE subsidiary for trading. A ₹500 Cr share buyback was completed.