Aerpace Industries Limited submitted a business update for July 2026 to BSE Limited under SEBI Listing Regulation 30. The disclosure announces significant leadership appointments and strengthening of governance framework.

Key Leadership Appointments:

1. Appointment of Managing Director

  • Mr. Anand M. Shah has been appointed as Managing Director following his tenure as Chief Financial Officer
  • Brings over 30 years of experience in corporate finance, strategic planning, banking relationships, financial governance, compliance, and business operations
  • Previously held key leadership positions with Sky Build Group and Joister Group
  • His elevation reflects confidence in his leadership, strategic vision, and execution capabilities
  • Expected to play pivotal role in advancing company's long-term vision, large-scale execution, and global expansion

2. Appointment of Non-Executive Independent Director

  • Mrs. Anshu Shukla Pandey appointed as Non-Executive Independent Director
  • Brings 31 years of distinguished public service as senior officer of Indian Revenue Service
  • Held leadership roles including Principal Commissioner of Income Tax
  • Expertise includes large-scale tax administration, compliance management, institutional reforms, transfer pricing, international taxation, compliance risk management, and policy modernization
  • Worked with International Monetary Fund (IMF) as Tax Administration Expert, supporting multiple governments
  • Certified TADAT Assessor (internationally recognized accreditation in tax administration)
  • Expected to strengthen governance, compliance, and institutional framework with international best practices

3. Advisory Board Appointments

Mr. Rajnish Kumar

  • Former Chairman of State Bank of India joins Advisory Board
  • Brings nearly 40 years of banking leadership expertise
  • Areas of expertise: corporate banking, infrastructure finance, project finance, digital transformation, governance, and strategic institutional management
  • Led development of YONO digital banking platform during SBI tenure
  • Experience in building institutions, managing large-scale financial ecosystems, and advising leading organizations
  • Will provide strategic guidance on technology and infrastructure ambitions

Mr. Nikunj Kampani

  • Joins Advisory Board with 25 years of technology leadership experience
  • Expertise spans telecommunications, cybersecurity, automotive technology, general robotics, aerospace systems, and renewable energy
  • Will provide strategic guidance across technology roadmap, engineering infrastructure, advanced manufacturing, international technology collaborations, and commercialization strategies
  • Will support integrated ecosystem spanning aerShield, aerWing, aerOS, aerVolt, aerDock, and future mobility platforms

Strategic Context:

The appointments are presented as strengthening the foundation for building an integrated ecosystem across autonomous aviation, intelligent energy, advanced software, manufacturing, and future mobility. The company emphasizes that leadership strengthening remains as important as advancing innovation for long-term growth.