AIA Engineering Ltd.

AIA Engineering has acquired / subscribed total 12,000 Equity Shares of Rs 100 of Green Shift (GSPL) for captive Power supply at Trichy Unit of the company. Acquisition of 12,000 Equity Shares in GSPL would result in the Company holding 24% of the Equity share capital of GSPL.

Earlier, the company had executed Share Subscription and Shareholders' Agreement with Torrent Power (Sponsor) and Torrent Urja 16 (TUPL) to acquire / subscribe total 3,29,99,970 Equity Shares of Rs 10 of TUPL for setting up a captive Hybrid (Solar & Wind) Power Project in Gujarat.

AIA Engineering, a certified ISO 9001 company, specialises in the design, development, manufacture, installation and servicing of high chromium wear, corrosion and abrasion resistant castings used in the cement, mining and thermal power generation industries.