Aequs Limited has informed the Exchange regarding a press release dated January 10, 2026, titled "Rajeev Kaul Recognized as Co-Founder of Aequs Limited".
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Aequs Limited has informed the stock exchanges that its Board of Directors has formally conferred the title of Co-Founder on Rajeev Kaul, who currently serves as Managing Director. The recognition acknowledges his foundational contributions since the start of the company's manufacturing operations, including building India's first integrated aerospace manufacturing ecosystem, setting up the Koppal Toy Cluster, and leading the company's entry into consumer electronics through the Hubballi Durable Goods Cluster. Founder and Executive Chairman Aravind Melligeri publicly praised Kaul's role in shaping the company. No financial figures, leadership changes, or business transactions are involved — this is a formal recognition of an existing executive's contributions.
This is a symbolic recognition with no direct impact on financials, operations, or shareholder value. It reinforces leadership continuity and highlights the company's aerospace and consumer goods strategy, but is unlikely to move the stock price.