Ajax Engineering Limited has announced the appointment of Mr. Shishir Joshipura as an Additional Director (Non-executive and Independent Director) to its Board. This appointment, effective September 17, 2026, is subject to shareholder approval. Mr. Joshipura brings over 42 years of experience in leadership roles across manufacturing and capital goods sectors, including CEO positions at Praj Industries and SKF India.
Board Strengthened with Independent Expertise
Ajax Engineering Limited is pleased to announce a significant addition to its leadership team. At a board meeting held on September 17, 2026, the directors approved the appointment of Mr. Shishir Joshipura as an Additional Director. This role is designated as Non-executive and Independent, pending the requisite approval from the company’s shareholders. The board meeting, which commenced at 3:31 PM and concluded at 4:01 PM, ratified this strategic decision.
A Leader with Extensive Industry Experience
Mr. Joshipura is a distinguished senior business leader with a career spanning more than 42 years. His expertise encompasses engineering, manufacturing, capital goods, and process technology. Notably, he has served as the CEO & MD of Praj Industries and the CEO of SKF India, demonstrating a strong track record in driving growth and operational excellence. His earlier leadership experience includes significant roles at Thermax.
Educational Background and Governance Acumen
Academically, Mr. Joshipura holds a B.E. in Mechanical Engineering from BITS Pilani. Further enhancing his business acumen, he completed an Advanced Management Program from Harvard Business School. The company highlights that he possesses extensive experience in areas such as board governance, strategic growth initiatives, manufacturing, technology, and sustainability, which are expected to be invaluable assets to Ajax Engineering.
Confirmation of Eligibility
It has been confirmed that Mr. Shishir Joshipura is not under any debarment from holding the office of director by any SEBI order or any other regulatory authority. The detailed disclosures required under the relevant regulations, including his relationships with existing directors, are provided in Annexure II, confirming his independence and suitability for the role.
Source: BSE
