Automotive Axles has notified stock exchanges of an upcoming Board of Directors meeting scheduled for Tuesday, May 19, 2026, pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will consider and approve the audited financial results for the quarter and year ended March 31, 2026, along with a potential recommendation of a final dividend for the financial year 2025-26.

Board Meeting Details

The key agenda items for the May 19, 2026 board meeting are outlined below:

Dividend Recommendation

In addition to approving the audited financial results, the Board of Directors will consider the recommendation of a final dividend, if any, on the equity shares of the company for the financial year ended March 31, 2026. Any such recommendation will be subject to approval by shareholders at the ensuing Annual General Meeting of the company.

Regulatory Compliance

The board meeting intimation was filed by Debadas Panda, Company Secretary and Compliance Officer of Automotive Axles, on May 8, 2026. The company is registered under CIN L51909KA1981PLC004198 and is headquartered at Hootagalli Industrial Area, Off Hunsur Road, Mysuru – 570 018, Karnataka, India. Further details are available on the company's official website at www.autoaxle.com .

Automotive Axles Limited has announced an amendment to its Memorandum of Understanding with Meritor HVS (India) Limited. The amendment, executed on April 29, 2026, extends the original MOU's term by one year, demonstrating continued collaboration between the two automotive industry players.

Agreement Extension Details

The key details of the Memorandum of Understanding amendment are outlined in the company's regulatory filing:

Regulatory Compliance and Filing Details

The disclosure has been made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary & Compliance Officer Debadas Panda signed the regulatory filing, which was digitally executed on April 29, 2026 at 12:19:34 +05'30'.

This amendment follows the company's earlier disclosure dated March 20, 2025, which detailed the original Memorandum of Understanding between Automotive Axles Limited and Meritor HVS (India) Limited. The filing references Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 issued on July 11, 2023 (updated as on January 30, 2026).

Agreement Framework and Terms

According to the regulatory annexure, the amendment maintains the same framework as the original agreement. The company has indicated that key aspects remain unchanged from the original disclosure:

The filing confirms that both parties mutually agreed to this extension, with no material impact on the company's operations or financial position. The original disclosure dated March 20, 2025 is available on the websites of stock exchanges and the company's official website.

Corporate Information

Automotive Axles Limited operates from its registered office and Mysuru unit located in Hootagalli Industrial Area, Off Hunsur Road, Mysuru, Karnataka. The company maintains various international quality certifications including ISO 9001:2015, IATF 16949:2016, EMS ISO 14001:2015, and OHSAS ISO 45001:2018, reflecting its commitment to quality and operational excellence in the automotive axles manufacturing sector.