AZAD ENGINEERING Share price

Our Company was originally incorporated as ‘Azad Engineering Private Limited’ at Hyderabad Telangana a private limited company under the Companies Act 1956 pursuant to the certificate of incorporation dated September 14 1983 issued by RoC. Subsequently the name of our Company was changed to ‘Azad Engineering Limited’ pursuant to the conversion of our Company from a private limited company to a public limited company and a fresh certificate of incorporation dated September 5 2023 was issued by the RoC.Major events and milestones:1983Incorporation of our Company.2008-Established CNC machine shop-Purchase order for delivery of moving airfoils/ blades to a large government-owned power generation equipment manufacturer2012-Constructed a forge shop and a heat treatment facility for production.2014-Moved to new facility. For details see “ – Changes in our Registered and Corporate Office” on page 235.2017-Inaugurated exclusive manufacturing bay for Mitsubishi Hitachi Power Systems Industries Ltd. (erstwhile name of Mitsubishi Industries Ltd.) to produce critical gas/ thermal turbines parts2019-Entered into a long-term contract with Honeywell International Inc. for supply of aerospace products.2021-Acquired 23.45 acres of land to construct a new plant (Phase 1 expansion) for production.-?600 million worth of capital raised for the first time by our Company.-Entered into a long-term contract with GE Aviation for supply of aerospace products.-Established capabilities for special processes.2022-Acquired 18.50 acres of land to construct a new plant (Phase 2 expansion) for production.-?2173 million worth of capital raised for the first time by our Company.-Received the certificate for “Fluid Distribution Systems” from the National Aerospace and Defense Contractors Accreditation Program (NADCAP) for the aerospace products of the Company.2023-Onboarded marquee investors from the sports fraternity.