AIA Engineering has declared a dividend of ₹16 per equity share for the financial year 2025-26, subject to shareholder approval. The announcement was made following the company’s board meeting, where the audited financial results for the quarter and year ended March 31, 2026, were approved. The record date for determining shareholder entitlement to the dividend is set for September 5, 2026. If approved, the dividend will be paid on or before October 14, 2026, after tax deductions as applicable.
In addition to the dividend announcement, the board of directors has reappointed Mr. Bhadresh Kantilal Shah as the Managing Director for a five-year term starting October 1, 2026. Mr. Shah, a B. Tech in Metallurgy from the Indian Institute of Technology, Kanpur, has over 55 years of experience in manufacturing and design of high chrome castings used in various industries. His reappointment is subject to shareholder approval at the upcoming 36th Annual General Meeting (AGM), scheduled for September 15, 2026, to be held via video conferencing.
The company reported a total income of ₹437,740.86 lakh for the year ended March 31, 2026, up from ₹396,152.42 lakh in the previous year. Revenue from the sale of products increased to ₹369,854.03 lakh, compared to ₹342,564.41 lakh in the prior year. Total expenses for the year amounted to ₹276,840.75 lakh, resulting in a profit before tax.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).