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Ajax Engineering Limited said its board appointed Shishir Joshipura (DIN: 00574970) as an additional director, subject to shareholder approval, at a meeting held September 17, 2026. Joshipura, who has over 42 years of experience in engineering, manufacturing, and capital goods, previously served as CEO & MD of Praj Industries and CEO of SKF India, and holds a B.E. in Mechanical Engineering from BITS Pilani and an Advanced Management Program from Harvard Business School.

Ajax Engineering Limited announced that its board of directors appointed Mr. Shishir Joshipura (DIN: 00574970) as an Additional Director (Non-executive and Independent Director) on September 17, 2026, subject to shareholder approval. Mr. Joshipura brings over 42 years of experience in engineering, manufacturing, and capital goods, previously serving as CEO & MD of Praj Industries and CEO of SKF India, and holds a B.E. in Mechanical Engineering from BITS Pilani and an Advanced Management Program from Harvard Business School.

Ajax Engineering Limited, formerly known as Ajax Engineering Private Limited, announced that its board of directors approved the allotment of 4,516 equity shares of Rs 1 each to an eligible employee under the ‘Ajax Engineering Limited (Formerly known as Ajax Engineering Private Limited) Employee Stock Option Plan 2024’ on August 26, 2026, increasing the company`s paid-up share capital from Rs 11,44,06,800 to Rs 11,44,11,316.

Net profit of Ajax Engineering rose 5.14% to Rs 55.60 crore in the quarter ended June 2026 as against Rs 52.88 crore during the previous quarter ended June 2025. Sales rose 1.73% to Rs 474.60 crore in the quarter ended June 2026 as against Rs 466.52 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales474.60466.52 2 OPM %12.4613.16 - PBDT77.1373.93 4 PBT74.3070.95 5 NP55.6052.88 5 Powered by Capital Market - Live News

Ajax Engineering will hold a meeting of the Board of Directors of the Company on 5 August 2026.