Rajan R. Harivallabhdas Retires as Independent Director of AIA Engineering

Sep 25, 2025

Rajan R. Harivallabhdas retired as an Independent Director of AIA Engineering Limited, effective September 23, 2025, upon completion of his tenure.

Harivallabhdas held leadership positions as Managing Director and Director within the family-managed Shri Ambica Mills Group, spanning textiles, engineering, and chemicals, from 1973 to 1988. He later spearheaded the family’s private chemical manufacturing ventures before founding HK Finechem Ltd., a publicly listed chemical company, where he served as Chairman and Managing Director from 1992 to 2010.

During his tenure, HK Finechem became one of the first companies in India to adopt advanced molecular distillation and Sulzer-designed fractionation technology. Harivallabhdas also contributed his expertise as an Independent Director at AIA Engineering Ltd., bringing decades of experience in management, finance, marketing, and corporate governance.