AIA Engineering: Announcement under Regulation 30 (LODR)-Updates on Acquisition

Further to our letters dated 11th October 2023 15th February 2024 and November 20 2024 intimating acquisition of stake in VEGA MPS PTY LIMITED (VMPS) Australia by Vega Industries (Middle East) FZC (Vega ME) a wholly owned subsidiary of the Company we would like to inform you that Vega ME has further acquired additional 14% stake in VMPS Australia at a total consideration of AUD 5 639 184.With this Vega ME has completed the acquisition of 70% shares of VMPS as per Share Purchase and Shareholders Agreement dated 3rd August 2023.The details as required as per SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 is given in Annexure A to this letter.