AIA Engineering Limited has informed the Exchange regarding Resignation of Mr. B. F. Shah as Senior Management Personnel of the company w.e.f. March 17, 2026.

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Price reactionminutes from the announcement price · days from the prior close

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₹3717.00

prior close

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Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+1.9%-1.2% vs market

Castings & Forgings peers, median of 22sector+0.5%+0.1% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Midcap 150 and 0.1 pts more than its Castings & Forgings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Mr. B. F. Shah, Executive Director (Commercial) of AIA Engineering Limited, has resigned from his position with effect from the close of business hours on March 17, 2026. He was classified as a Senior Management Personnel under SEBI LODR Regulations. The resignation is due to personal and unavoidable circumstances, and the company confirmed there are no other material reasons. The company has acknowledged his resignation and provided details as required under Regulation 30 read with Schedule III of SEBI LODR Regulations.

Likely market impact

This is a routine senior management departure due to personal reasons and is not expected to materially affect the company's operations or stock price. Investors should note the change at the senior management level but no immediate financial impact is indicated.