AIA Engineering Limited has appointed Nitin Chandrashanker Shukla as an Additional Director (Non-Executive, Independent) effective January 30, 2026. His term will last for five years, until January 29, 2031, pending shareholder approval. Mr. Shukla’s appointment follows the recommendations of the Nomination and Remuneration Committee. This move strengthens the company’s leadership team.
Leadership Addition
Nitin Chandrashanker Shukla (DIN: 00041433) has been appointed as an Additional Director (Non-Executive, Independent) to the Board of Directors at AIA Engineering Limited. The appointment was made on January 30, 2026.
Appointment Details
Mr. Shukla’s appointment is for a term of five years, effective from January 30, 2026, and will continue until January 29, 2031. The appointment is subject to the approval of the shareholders. He satisfies the criteria for independence as prescribed under the Companies Act, 2013, and SEBI regulations.
About Nitin Chandrashanker Shukla
Mr. Shukla holds a Bachelor’s degree in Mechanical Engineering and has over 44 years of experience in the energy and infrastructure sectors. He has held leadership roles, including Managing Director and CEO positions, for over 18 years in multinational corporations in India. He retired from the Shell Group in March 2017, having also served as Managing Director & CEO of Hazira LNG Pvt. Ltd. and Hazira Port Pvt. Ltd. for approximately 15 years. He played a key role in the development of non-LNG cargo operations at Hazira Port through a sub-concession with ADANI Group.
Board Positions
Mr. Shukla has previously served as Managing Director of Gujarat Powergen Energy Corporation Ltd. and Executive Director of Gujarat Torrent Energy Corporation Ltd. He has also been involved with various industry and academic bodies and served on the boards of several companies, including Shell India Pvt. Ltd. and Shell Hazira Gas Pvt. Ltd.
Current Directorships
Currently, Mr. Shukla serves as an Independent Director on the Boards of:
- Gujarat Industries Power Company Limited
- ACC Limited
- Gujarat Alkalis & Chemicals Ltd
Not-for-Profit Sector
In the not-for-profit sector, he serves as a Trustee of Gujarat Vishwakosh Trust, Sabarmati Ashram Preservation and Memorial Trust, and as founding Director of Anuvad Academy and Research Foundation.
Financial Results Overview (Q3 2026)
AIA Engineering also announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025. Key highlights from the standalone results include:
- Revenue from sale of products: ₹96,126.07 lakhs for Q3 2026 and ₹272,277.92 lakhs for the nine-month period.
- Total income: ₹124,509.67 lakhs for Q3 2026.
- Profit before tax: ₹52,787.13 lakhs for Q3 2026.
- Profit for the period: ₹43,499.55 lakhs for Q3 2026.
Consolidated Financial Results Overview (Q3 2026)
AIA Engineering also reported its unaudited consolidated financial results for the same period. Key consolidated results include:
- Revenue from sale of products: ₹104,873.61 lakhs for Q3 2026 and ₹310,442.41 lakhs for the nine-month period.
- Total income: ₹120,222.60 lakhs for Q3 2026.
- Profit before tax: ₹37,786.36 lakhs for Q3 2026.
- Profit for the period: ₹29,295.27 lakhs for Q3 2026.
Source: BSE
