Azad Engineering Limited has informed the Exchange regarding a press release dated April 23, 2026, titled "Press Release"".
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Azad Engineering has inaugurated a new 7,600 sq. m. lean manufacturing facility at its Centre of Excellence in Tunikibollaram, Hyderabad, exclusively dedicated to supporting Baker Hughes. The facility, which employs approximately 230 skilled professionals, is designed for high-precision, high-volume production of components for Baker Hughes' Industrial and Energy Technology programs. This is Azad's fourth dedicated facility inauguration, marking an eight-year journey with Baker Hughes that began in 2018 supplying critical rotating airfoils for gas and steam turbines. The company also participates in Baker Hughes' Oilfield Services and Equipment program. The facility features cutting-edge equipment, in-house special process capabilities, and is fully integrated with Azad's Centre of Excellence ecosystem.
This expansion significantly strengthens Azad Engineering's strategic partnership with Baker Hughes and positions the company for higher revenues from global precision manufacturing demand in aerospace, defence, energy, and oil and gas sectors. For shareholders, this signals the company's growing scale as a Tier 1 supplier to global OEMs.