AIA Engineering Limited has informed the Exchange that Board of Directors at its meeting held on May 26, 2026, recommended Final Dividend of Rs. 16 per equity share.
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AIA Engineering Limited's Board meeting on May 26, 2026 approved several key items. The Board recommended a final dividend of Rs. 16 per equity share (800% on face value of Rs. 2) amounting to Rs. 14,931.26 lakhs for FY26, subject to shareholder approval at the AGM on September 15, 2026. The record date for dividend entitlement is September 5, 2026. Financially, standalone revenue from operations grew 8% to Rs. 376,285.62 lakhs, while standalone profit after tax rose 25% to Rs. 12,769.97 crores compared to FY25. Consolidated PAT increased 20% to Rs. 12,689.31 crores. The Board also reappointed Mr. Bhadresh K. Shah as Managing Director for 5 years from October 2026. Additionally, the Nagpur unit manufacturing operations were discontinued from July 2025, and a subsidiary Welcast Steels Limited closed its factory with Rs. 328.19 lakhs exceptional charge for closure compensation.
The strong 25% growth in standalone PAT and consistent dividend payout signals financial strength and shareholder-friendly policies. The dividend of Rs. 16 per share reflects continued healthy cash generation, though investors should note the Nagpur unit closure and subsidiary shutdown costs.