AIAENGNSEAIA Engineering Limited· Electrical EquipmentMediumNeutral
Announced Wed, 24 Sept · 11:10 IST

AIA Engineering Limited has informed the Exchange regarding Cessation of Mr Rajan R. Harivallabhdas as Non- Executive Independent Director of the company w.e.f. September 24, 2025.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

AIA Engineering Limited has informed the stock exchanges that Mr. Rajan R. Harivallabhdas (DIN: 00014265) has ceased to be a Non-Executive Independent Director of the company with effect from September 24, 2025. The cessation is because his second consecutive term as Independent Director ended on September 23, 2025, as per SEBI Listing Regulations. The company has filed this intimation under Regulation 30 of the SEBI (LODR) Regulations, 2015, along with Annexure A providing the required details. This is a routine completion of tenure and not a sudden resignation.

Likely market impact

This is a planned and routine exit after completing two consecutive terms as required by SEBI norms, so it is unlikely to have any material impact on the stock price or shareholders. The company will need to appoint a new Independent Director to fill the vacancy and maintain board composition requirements.