AIA Engineering Limited has announced significant changes to its leadership team effective April 20, 2026. Mr. Rajendra Shantilal Shah has resigned as Chairman and Director, with Managing Director Mr. Bhadresh Kantilal Shah stepping in as the new Chairman starting April 21, 2026. Additionally, the company has appointed Mr. Malay Jayendra Dalal as an Independent Director for a five-year term, strengthening the board’s professional oversight.
Leadership Transition
AIA Engineering Limited has confirmed the departure of its long-standing Chairman and Director, Mr. Rajendra Shantilal Shah. Mr. Shah, who has served the company since July 31, 2007, resigned from his position at the close of business on April 20, 2026. In his resignation, he cited a desire to focus on extensive philanthropic commitments.
Strategic Appointment
To ensure continuity, the board has appointed Mr. Bhadresh Kantilal Shah, the current Managing Director, as the new Chairman of the company, effective April 21, 2026. Simultaneously, the company has inducted Mr. Malay Jayendra Dalal as an Additional Director (Non-Executive, Independent) for a term of five years, concluding on April 19, 2031.
Expertise of the New Independent Director
Mr. Malay Jayendra Dalal brings over 35 years of experience as a Fellow Chartered Accountant. His professional background includes extensive advisory work for multinational corporations, banks, and listed entities. Over the past 25 years, he has specialized in domestic and international outsourcing activities, which the company expects will provide valuable strategic oversight as it continues to navigate complex global markets.
Source: BSE
