AIA Engineering Limited Recommends Dividend for the Financial Year 2023-24, Payable on or Before 8 October, 2024
May 14, 2024 at 05:46 am
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The Board of Directors of AIA Engineering Limited at its meeting held on May 14, 2024, Board has recommended dividend of INR 16 (@ 800%) per Equity Share of face value of INR 2 each fully paid up for the Financial Year 2023-24 subject to the approval of shareholders of the Company. The said Dividend, if declared by the shareholders at the ensuing AGM, shall be paid on or before 8 October, 2024, subject to deduction of tax at source as applicable.
AIA Engineering Limited is engaged in the manufacturing of high chrome mill internals. The Company is engaged in manufacturing, designing, developing, installing, and servicing high chromium wear, corrosion, and abrasion-resistant castings. These products specifically serve the cement, mining, and thermal power-generating industries. The Company operating segment includes manufacturing of High Chrome Mill Internals (Castings) and all other activities are incidental thereto. It produces a range of high chrome mill internals, which are used as wear parts in the process of crushing/grinding in the cement, mining, utility, thermal power, and aggregate industries. It produces a range of high chrome mill internals, which are used as wear parts in the process of crushing/grinding in the cement, mining, utility, thermal power, and aggregate industries. Its services include mill audits, turnkey installation and commissioning projects, stock assessment and management, and performance monitoring.