AIA Engineering Limited has informed the Exchange regarding Notice of Postal Ballot
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AIA Engineering Limited has issued a Postal Ballot Notice seeking shareholder approval via remote e-voting for the appointment of Mr. Malay Jayendra Dalal as an Independent Director for a period of five years. Mr. Dalal, aged 62, is a Fellow Chartered Accountant with over 35 years of experience serving banks, MNCs, listed entities, and government corporations. He was first appointed as an Additional Director (Non-Executive & Independent) on April 20, 2026, and currently serves on the board of Kiran Motors Limited. The e-voting period runs from April 29, 2026 to May 28, 2026. The appointment requires a Special Resolution under the Companies Act and SEBI LODR Regulations.
This is a routine board appointment that strengthens the company's independent director composition. The appointment supports governance requirements under SEBI LODR regulations and should have a neutral to slightly positive impact on shareholder sentiment, as it brings experienced financial expertise to the board.