azad engineering has formally disclosed to the stock exchanges that its promoter and promoter group have not created any new encumbrances during the financial year 2025-2026. This declaration was made in accordance with Regulation 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended.

The disclosure was submitted by Rakesh Chopdar, the Executive Chairman, CEO, and Promoter of the company. In the communication dated April 06, 2026, Chopdar confirmed that neither the promoter nor the Persons Acting in Concert (PAC) have undertaken any encumbrance, directly or indirectly, other than those that have already been disclosed to the authorities.

The letter was addressed to the Listing Departments of BSE Limited and the National Stock Exchange of India Limited (NSE). The submission ensures compliance with regulatory requirements regarding substantial acquisition of shares and takeovers. The company’s Scrip ID on the BSE is 544061, and the Scrip Code on the NSE is AZAD.

Key Disclosure Details

The following table summarizes the primary details of the regulatory filing:

The declaration explicitly states that there are no indirect or direct encumbrances by the promoter group beyond those previously reported. This transparency is mandated by SEBI to ensure that the market is aware of any potential changes in the holding structure or financial commitments of the promoters that could affect the company's shares.

A copy of the disclosure was also marked to the Chairman of the Audit Committee of Azad Engineering Limited, located at Plot 90/C, 90/D, Phase-I, IDA, Jeedimetla, Hyderabad. The filing serves as a formal confirmation of the financial standing of the promoters regarding their shareholding in the company for the specified financial year.

Azad Engineering has inaugurated a new exclusive lean manufacturing facility at its Centre of Excellence in Tunikibollaram, Hyderabad, marking a significant milestone in the company's eight-year strategic partnership with global energy technology company Baker Hughes. The facility, spanning 7,600 square meters, was officially opened on April 23, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Facility Specifications and Standards

The newly inaugurated manufacturing facility demonstrates Azad Engineering's commitment to maintaining global quality standards. Built as a next-generation lean manufacturing unit, the facility incorporates modern production methodologies aimed at optimizing efficiency and reducing waste.

Strategic Partnership Journey

The partnership between Azad Engineering and Baker Hughes began in 2018 with the supply of critical rotating airfoils for Gas & Steam Turbine Finish Stages. Over the years, this collaboration has evolved into a deep and strategic manufacturing relationship. Azad Engineering successfully navigated one of the most stringent global qualification pathways, encompassing multiple-grade raw material qualifications, complex process validations, and product-level approvals across critical components.

Through vertical integration, advanced quality systems, state-of-the-art infrastructure and disciplined execution along with building skilled talent capable of delivering components with micron-level precision consistently and at scale, Azad has earned a reputation for delivering under the most stringent timelines and specifications. Today, Azad is also a key participant in the Baker Hughes Oilfield Services and Equipment program, an integral part of its global supply chain strategy.

Leadership Statements and Inauguration Ceremony

The facility was inaugurated by distinguished leaders from Telangana's industry leadership, including Shri. D. Sridhar Babu, Hon'ble Minister for Industries & IT, Government of Telangana; Shri. K. Shashanka, VC & MD, TGIIC; and senior leadership from Baker Hughes including Mr. Davide Marrani (Vice President- IET Operations), Mr. Stephen Hinson (Sourcing Vice President), and Mr. Marcello Bariani (Vice President- IET Procurement and Logistics). The ceremony was also attended by Azad Engineering's Chairman & CEO Mr. Rakesh Chopdar and Executive Director Mr. Vishnu Malpani.

Commenting on the occasion, Mr. Davide Marrani (Vice President- IET Operations, Baker Hughes) said: "Azad Engineering's new facility is a significant milestone that strengthens Baker Hughes' global supply chain and supports our long-term growth strategy. This expansion enables Azad to deliver scalable, high-quality manufacturing that meets the needs of our business worldwide."

Speaking on the collaboration, Shri. D. Sridhar Babu, Hon'ble Minister for Industries & IT, Government of Telangana, highlighted that "Telangana's precision engineering sector has grown 30% year-on-year for a decade, with exports surging 103% last year alone, supported by over 1,500 MSMEs and repeat investments from global OEMs like Lockheed Martin, Boeing, GE Aviation, Safran, Airbus and Honeywell."

Strategic Significance and Future Outlook

This inauguration marks Azad Engineering's fourth dedicated facility inauguration, adding to earlier expansions and underscoring the company's aggressive capacity build-out to meet surging global demand across Aerospace, Defence, Energy, and Oil & Gas sectors. The facility is fully integrated with Azad's COE & Innovation Centre ecosystem and contributes to India's growing global manufacturing strength.

Mr. Rakesh Chopdar, Chairman and CEO, Azad Engineering, emphasized that "This 7,600 sq. m. facility at our Centre of Excellence in Tunikibollaram, Hyderabad is part of our deliberate strategy to build a dedicated, world-class manufacturing facility complete with in-house special process capabilities exclusively for Baker Hughes. With about 230 skilled professionals on board, we are creating a high-precision ecosystem capable of delivering complex components at volume and with tolerances measured in microns."

Source: Company/INE02IJ01035/c706a6b925144007.pdf