AIA Engineering Limited has formally announced the resignation of Mr. B. F. Shah, Executive Director (Commercial) and a Senior Management Personnel. The resignation was effective from the close of business hours on March 17, 2026. Mr. Shah cited personal and unavoidable circumstances as the reason for stepping down. The company confirmed accepting the resignation and confirmed no further material reasons exist beyond those stated.
Formal Announcement of Senior Management Change
AIA Engineering Limited notified exchanges regarding a significant change in its top management structure. Mr. B. F. Shah, who served as the Executive Director (Commercial) and qualified as Senior Management Personnel, has tendered his resignation from all positions within the Company.
Effective Date and Reason
The cessation of duties was confirmed to be effective from the close of business hours on March 17, 2026. In his formal letter dated March 17, 2026, Mr. Shah explicitly stated the reason for his departure as “personal and unavoidable circumstances.” The company management formally acknowledged the resignation on March 18, 2026.
Confirmation Details
As required by disclosure norms, the Company confirmed that Mr. Shah has been relieved of all duties as of March 17, 2026. Furthermore, the resigning director confirmed that there are no other material reasons for his resignation other than the personal grounds stated in his letter. The accompanying disclosure materials confirm that Mr. Shah’s profile was not applicable for further detail in this context.
The Company expressed its thanks to Mr. Shah for the opportunity and support extended to him during his tenure.
Source: BSE
